With two new experiences that go live on Roblox on Monday, Walmart is making its metaverse debut. A music festival with popular artists, a ton of different games, and a store of virtual goods, or “verch,” that mirrors what customers… Read More ›
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The Second Amazon Prime Day Sale Will Happen On October 11 And 12
For the first time ever, Amazon will host two Prime Day-like deal bonanzas in one calendar year, which will happen next month. The “Prime Early Access Sale,” as the event is being dubbed by the company, will happen from October… Read More ›
Samsung Will Use Cashback Cards To Entice 175 Million Existing Indian Customers
According to a senior executive, Samsung Electronics is aiming to increase repeat purchases from its 175 million Indian customers through a new cashback credit card in an effort to increase sales in the crucial market where it was once the… Read More ›
McDonald’s Raises Prices In Japan Due To Rising Input Costs And A Declining Yen
Due to fluctuating exchange rates and rising input costs, Japan’s McDonald’s fast food restaurants will increase prices on about 60% of their menu items, the company announced on Monday. It is the company’s second round of price increases this year… Read More ›
According To Steve Hanke, The Likelihood Of A US Recession Has Increased To 80%
According to Steve Hanke, a professor of applied economics at Johns Hopkins University, there is an 80 per cent chance that the United States will experience a recession, which is significantly higher than previously anticipated. According to the September Fed… Read More ›
UK Could Already Be In A Recession, Says Bank Of England
The Bank of England warned the UK may already be in a recession as interest rates increased from 1.75 per cent to 2.25 per cent, the highest level in 14 years. Previously, the central bank anticipated that the economy would… Read More ›
Aviation Executives Caution That The Cost Of Airline Tickets Could Increase Further
According to William Walsh, the director-general of the International Air Transport Association, the cost of airline tickets may increase due to a lack of refining capacity and the airlines’ financial situation (IATA). According to Walsh, the airline industry is “concerned”… Read More ›
Energy Crisis In Europe Could Worsen Due To Impending Liquidity Crisis: Reuters
After a dispute with Russia, Europe may have trouble obtaining oil and gas this winter. However, a new market crisis—a liquidity crunch—could make things worse by driving up prices even further. But in an effort to relieve pressure on a… Read More ›
Germany Nationalizes Gas Company Uniper Is Rushing To Secure Supplies
On Wednesday, Germany confirmed the nationalization of struggling gas importer Uniper at a cost of 8 billion euros ($7.9 billion), as it scrambled to secure power for Europe’s largest economy after Russia cut supplies. Nationalizing Germany’s largest importer of Russian… Read More ›
Traders Take Home Profits Since Major Ethereum Network Upgrade As Ether Drops 15%
Since the Ethereum network, the technology that underpins ether and other cryptocurrencies, underwent a significant upgrade known as the merge, ether has declined more than bitcoin. Blockchain technology called Ethereum makes it possible for programmers to create apps on top… Read More ›
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