When mounting costs and unpredictability in the weather damage domestic output, Britons—who are already feeling the effects of the greatest increase in food prices since 1977—may have to adjust to shortages of fresh veggies. Tomatoes, cucumbers, and peppers have been… Read More ›
Beginning in late 2020, Beijing’s regulatory onslaught on the Chinese IT industry cost the nation’s largest corporations more than $1 trillion in revenue. There are currently indications that the central government is changing its posture toward internet behemoths like Alibaba,… Read More ›
The cost of buying a BMW or Mercedes in Singapore is approaching the annual income of the average local family, thanks to a luxury car tax. The right to buy a “open category” vehicle, which may be put toward any… Read More ›
The announcement of big revamping plans by Alibaba Group has been interpreted as a hint that Beijing’s regulatory crackdown on corporations is coming to an end, driving its shares higher and bolstering investor confidence in the future of Chinese digital… Read More ›
Recession concerns that had seemed to have subsided only a few weeks earlier have been re-ignited by the failure of American lenders Silicon Valley Bank (SVB) and Signature Bank, followed by Credit Suisse’s rescue, and the accompanying turbulence in global… Read More ›
The European Union’s energy ministers are likely to grant final approval on Tuesday to the bloc’s rule to phase out new CO2-emitting cars by 2035, after Germany obtained an exemption for e-fuel vehicles. The vote is taking place three weeks… Read More ›
Millennials now started to move into their middle ages. A generation that has traditionally been associated with youth is entering a new stage of life as more millennials, commonly referred to as people born between 1981 and 1996, turn 40…. Read More ›
Even if the US chipmaker Nvidia’s potent processors are sold in vast amounts to the industry, the corporation has claimed that cryptocurrencies do not “deliver anything good for society.” Other applications of computing power, such the artificial intelligence chatbot ChatGPT,… Read More ›
A senior Communist Party official warned on Saturday that China’s economic recovery’s base is not strong enough and warned of potential spillover consequences from the world’s economic issues. Han Wenxiu, deputy chairman of the party’s office for finance and economic… Read More ›
At least when it comes to their online purchasing habits, millennials have huge aspirations for the upcoming year. According to a survey by ESW, a global direct-to-consumer company that aids retailers in expanding DTC channels, over 27% of millennials intend… Read More ›
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