A recent global analysis from Bain & Company predicts that people over the age of 55 would have 150 million more jobs by 2030. By 2031, older and more seasoned workers will make up more than a quarter of the… Read More ›
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According To ADB, China’s Conservative Consumer Confidence Is Hindering Economic Recovery
According to Albert Park, chief economist of the Asian Development Bank, China’s hesitant consumer confidence has been “a dampener” for its frail recovery. The second-largest economy in the world earlier this week released second quarter GDP figures that mostly fell… Read More ›
Deflation Pressure In China Is Intensifying As Consumer Prices Decline
In June, consumer prices in China teetered on the brink of deflation as producer prices dropped at their sharpest rate in more than seven years. This strengthens the case for officials to employ more stimulus to boost sluggish demand. For… Read More ›
McDonald’s Removes Tomatoes From Its Menu In India Due To Poor Quality And Rising Costs.
In many regions of India, McDonald’s restaurants have stopped serving tomatoes with their burgers and wraps due to supply issues and concerns about the vegetable’s quality after record-breaking price increases. The traditional Indian food staple’s wholesale costs in some areas… Read More ›
Twitter Might Have Trouble Proving That Meta Misappropriated Trade Secrets
The first shot in a legal confrontation between the two social media behemoths may be Twitter’s allegation that Meta Platforms stole trade secrets to create its new microblogging platform, but analysts say Twitter would face a difficult obstacle if it… Read More ›
UBS Changes The Wealth Management Division’s Management Structure
Following the Swiss bank UBS’s acquisition of Credit Suisse, the bank’s flagship global wealth management arm on Thursday announced a number of management changes. Several former Credit Suisse managers have been hired as a result of the adjustments, which mostly take effect… Read More ›
Future Companionship Roles For AI Robots In Nursing Homes Are Possible
A professor who worked on the creation of Nadine, a social robot driven by artificial intelligence (AI) and equipped with human-like movements and expressions, believes that she may one day play a significant role in caring for the old and… Read More ›
OpenAI, The Company Behind ChatGPT, Claims It Is Intensifying Efforts To Stop AI From “Going Rogue”
OpenAI, the company that developed ChatGPT, announced on Wednesday that it will devote major resources to the effort and establish a new research team to examine how to make artificial intelligence that eventually controls itself safe for people. “The vast… Read More ›
Japan’s Businesses Provide The Largest Pay Increases In 30 Years, And Wage Growth Broadens
According to the largest trade union in Japan, companies this year delivered the largest wage increases in three decades. Economists predict that this move would help boost sluggish consumer demand. A Rengo study revealed that wage increases that were first… Read More ›
What Does ‘Rate Limit Exceeded’ On Twitter Mean For Users?
The number of tweets that users can view each day has been temporarily limited by Elon Musk’s Twitter, a move that has prompted some criticism and may harm the social network’s efforts to draw advertisers. The limit is the newest… Read More ›
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