On Thursday, US Vice President Kamala Harris and other senior administration officials will meet with the CEOs of Alphabet Inc.’s Google, Microsoft, OpenAI, and Anthropic to discuss important artificial intelligence (AI) challenges. President Joe Biden’s “expectation that companies like yours must… Read More ›
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Supply Of Gum Arabic, A Vital Component Of Soft Drinks, Under Threat By Violence In Sudan
Due to the turmoil that has erupted in Sudan, manufacturers of consumer goods from around the world are scrambling to replenish supplies of gum arabic, one of the nation’s most in-demand goods and an essential component of everything from fizzy… Read More ›
Chile’s Lithium Nationalization Announcement Is The Latest Instance Of Nationalizing Natural Resource
In order to promote the economy and safeguard the environment, Chilean President Gabriel Boric declared on Thursday that he would nationalise the massive lithium sector of the nation. The shocking declaration is the most recent example of a pattern in… Read More ›
Buzzfeed News Shuts Down As A Media Company, Slashes Jobs
According to Jonah Peretti, CEO of Buzzfeed, the company will reduce its employees by 15% and shut down its news website. It occurs as the digital media organisation deals with significant financial difficulties, such as a decline in advertising spending…. Read More ›
India’s Population Is About To Surpass That Of China, Declares The United Nations
By the middle of 2023, India’s population is predicted to reach 1.4286 billion, surpassing mainland China’s population forecast of 1.4257 billion. The data are now reflected in the Wednesday update to the UN’s World Population Dashboard. Since China’s population growth… Read More ›
Consumers In China Are Suffering As A Result Of The Real Estate Recession, Which Is Preventing A Comeback
Liu Baoxiang, who operates a mahjong parlor in a city on China’s rust belt, no longer indulges in ostentatious fashion purchases after watching the value of his two apartments drop by almost a third over the previous two years. “I… Read More ›
Brands Looking Up To China’s Tropical Duty Free Island In The Hopes Of A Consumer Resurgence
This week, representatives from over 3,000 brands, including Estee Lauder and Burberry, descended on China’s Hainan island to display their newest products in an attempt to capitalize on the post-COVID consumer boom that has already begun on the island famous… Read More ›
Apple Will Open Its First Stores In India Next Week, Demonstrating CEO Tim Cook’s Positive Outlook For The Nation
Next week will see the opening of Apple’s first physical locations in India, underscoring the significance of the nation for the sale and production of iPhones in the future. The Cupertino behemoth will launch a location in Mumbai on April… Read More ›
First-Quarter Global PC Shipments Are Down, With Apple Suffering The Most, According To IDC
In the first quarter of 2023, the world’s shipments of personal computers fell by about a third, with Apple Inc. suffering the biggest decline among the market leaders as the sector battles a post-pandemic slowdown in consumer spending. Market research… Read More ›
Bitcoin’s Value Surpasses $30,000 As Speculators Anticipate An End To Rate Increases
As investors increased their bets that the U.S. Federal Reserve will soon halt its aggressive monetary tightening campaign, major cryptocurrency bitcoin broke the crucial $30,000 mark for the first time in 10 months on Tuesday. This move added to the… Read More ›