Global shippers of essential goods have been caught off guard by recent skirmishes in the Red Sea, but this is by far means the only problem big ships are confronting as 2024 gets underway. The 90% global trade economy, according… Read More ›
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Ocean Shipping Rates Rise Following Fresh Attacks On Red Sea Ships
Ocean freight charges are rising as a result of carriers postponing plans to resume transits via the Red Sea, a crucial route that connects to the Suez Canal commerce route, following a missile strike and attempted kidnapping of a Maersk… Read More ›
Despite Record-Breaking Sales Of Electric Vehicles, Australia Finds It Difficult To Break Its SUV Habit
According to Australia’s automotive association, sales of electric cars (EVs) reached a record high in 2023; yet, sales of light vehicles continued to be primarily driven by trucks and SUVs with high emissions. According to figures released on Thursday by… Read More ›
By 2025, Copper Prices Could Soar By Nearly 75% To All-Time Highs; Economists Warn Of Deficits
Over the next two years, copper prices are expected to rise by more than 75% due to disruptions in the mining supply and increased demand for the metal brought on by the push for renewable energy sources. Copper prices will… Read More ›
The US Led The World In 2023 With Historic Levels Of LNG Exports
According to tanker monitoring data, U.S. liquefied natural gas shipments reached monthly and yearly record highs in December. Analysts believe this puts the country in a strong position to overtake Australia and Qatar as the world’s top LNG exporter by… Read More ›
What Other Medical Conditions Could Medications For Weight Loss Treat?
The weight-loss medication Wegovy and the popular diabetic medication Ozempic from Novo Nordisk are being researched to discover if they have any additional health benefits. The active component in both treatments is semaglutide, which belongs to a class of medications… Read More ›
December’s Expansion In Manufacturing Activity In China Picks Up Speed – Caixin PMI
A private-sector survey released on Tuesday revealed that while China’s factory activity increased more quickly in December due to higher output improvements and new orders, business confidence for 2024 remained low. At the end of 2023, the Caixin/S&P Global Manufacturing… Read More ›
AI And Electric Vehicle Deals To Be The Technology Trends For 2024
Perhaps 2023 will go down in IT history as the year that generative AI became widely used. Though not flawless, generative AI systems can produce a variety of content quickly, including computer code, artwork, and essays. This versatility has made… Read More ›
Microsoft And OpenAI Are Sued By The New York Times For ‘Billions’ Of Dollars
The New York Times, a US news outlet, is suing OpenAI, the company that owns ChatGPT, claiming that the company violated its copyright when training the system. Microsoft is also named as a defendant in the case, which claims the… Read More ›
Despite Boom In AI Market, China’s Cloud Business Has Not Seen Growth
In mainland China, the excitement surrounding artificial intelligence isn’t driving a surge in cloud service spending just yet. Tech market research company Canalys stated in a report released on Wednesday that “the Chinese cloud services market remains conservative, relying heavily… Read More ›
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