Tesla Layoff News: Company Admits Errors in Severance Packages, Musk Apologises
Tesla admits to errors in severance for some laid-off workers. CEO Elon Musk apologised and promised corrections.
Australia PM Unveils Plan To Overhaul Economy, Invest In Green Energy
Mining superpower Australia on Thursday announced a US-style scheme to pour public money into manufacturing and clean energy industries, joining the global race to build a cleaner and more resilient economy.
South Korea To Invest $7 Billion In AI By 2027
South Korea will invest almost $7 billion in artificial intelligence by 2027 in an effort to become a global leader in cutting-edge semiconductors, President Yoon Suk Yeol said Tuesday.
Microsoft Opens AI Hub in London to Advance Consumer Tech
Microsoft has opened a London AI hub to develop language models, hire top talent, and partner with OpenAI.
Breaking Barriers: Women Entrepreneurs Driving Growth in Saudi Arabia's SME Sector
While Personal Statement Laws tell women to obey their husbands "in a reasonable manner", 40 per cent of digital entrepreneurs in Saudi Arabia are women
Millennials Drive Crypto Adoption in the UK, and Other 2024 Surveys
A comprehensive regulation of digital assets will help establish a more inclusive financial ecosystem, attract investment, and promote further growth.
This London Start-Up Works 4 Days a Week Thanks to AI
Business leaders across the UK have turned their attentions to a technology-driven shortened workweek as Artificial Intelligence (AI) continues to develop.
Gen Z and Millennials Show Less Support for Gender Equality vs. Boomers, Study
A new study exposed the Gen Z's "woke" culture on gender equality for being less progressive than originally thought.
Greycoat Real Estate On Navigating London's Evolving Workspaces
Greycoat, a leading real estate development and management company offers large-scale institutional clients with cost-saving enhancements and opportunities.
2023 Showed Lower Volatility for the Pound Sterling; But Will 2024 Be the Same?
Ever since the announcement of the Brexit result, the pound has never been the same. It wasn't just the instant drop off in its value
Switzerland Becomes First Developed Economy To Cut Interest Rate
The Swiss National Bank cut interest rates on Thursday -- the first to do so among the major central banks, saying the battle against inflation was working almost two years after launching its monetary tightening campaign.
US Fed Expected To Keep Rates On Hold And Debate Timing Of Cuts
The US Federal Reserve could provide additional clues on Wednesday about how much it will cut interest rates this year, but it is almost certain to leave its key lending rate unchanged for the time being.
Easy Does It: The Bank Of Japan's Experiment
The Bank of Japan announced a seismic change in direction on Tuesday, hiking interest rates for the first time in 17 years.
Bank Of Japan Hikes Rates For First Time Since 2007
Japan's central bank pulled the plug Tuesday on its ultra-aggressive monetary stimulus programme, hiking rates for the first time since the global financial crisis.
Harnessing the AI Revolution: A Guide for Small Business Owners
In an era where technological advancements are reshaping industries and labor markets, AI offers unprecedented opportunities for small enterprises.
IMF Chief Georgieva Says 'Available To Serve' For Second Term
The managing director of the International Monetary Fund has told AFP she is making herself "available to serve" for a second five-year term running the Washington-based financial institution, shortly after she received the backing of European finance ministers.
Drones, Drugs & Destruction: The Gangs Plaguing Haiti
Haiti is no stranger to armed groups, and the gangs ravaging the country are highly organized and control vast arsenals of military weapons, presiding over a shadow economy of kidnapping for ransom and lucrative rackets.
$360b Investment Needed Yearly To Achieve Gender Equality, UN Report
UN Women have warned that more than one in five women and girls are at risk of living in extreme poverty by 2030.
Redrob Innovates International Business Expansion – Poised For Explosive Growth in 2024
As the economy continues to teeter, many businesses are looking to bolster revenue through international expansion.
Divided G20 Blocked By 'Impasse' Over Ukraine, Gaza
The first G20 finance ministers' meeting of the year ended Thursday without a joint statement due to deep divisions over the wars in Ukraine and Gaza, officials said.
US Stocks Rise On Inflation Report As Nasdaq Hits Record
Wall Street stocks rose Thursday after a key US inflation measure brought investors some relief, though global markets were mixed over questions of when interest rates might start coming down.
Major Airlines Earn Staggering $33.3b in 2023 For Baggage Fees Alone
With more passengers opting for checked baggage and additional services, airlines are capitalizing on the renewed demand for ancillary offerings.
Global Stocks Mostly Up Despite Tepid Consumer Confidence Data
Global equities mostly rose Tuesday despite lackluster consumer confidence data in the United States and Germany, as the tech-linked Nasdaq pushed higher.
UK 'Net Zero' Economy Bucks Recession: Study
Britain's green economy grew in 2023 to buck a broader recession, according to a report released Tuesday that urged politicians heading into a general election to stick with climate-friendly investments.
US, UK Launch New Wave Of Strikes Against Yemen's Huthis
American and British forces carried out a fresh wave of strikes Saturday against 18 Huthi targets in Yemen, following weeks of unrelenting attacks on Red Sea shipping by the Iran-backed rebels.
Migrant Women Are Still Victim To Sexual Violence Throughout Migration Process
While 67 per cent of all migrant women are employed in the labour force, unofficial employment and the lack of gender-responsive migration policies threatens gender equalities in employment.
Shein And Temu Are Dominating The Global Air Cargo Industry Despite Climate Crisis
China's e-commerce giants Shein and Temu account for almost 10,000 tonnes of garments being shipped overseas, despite fast-fashion and factory worker controversies.
Global Stocks Mixed On Fed Rate Cut Caution Ahead Of Nvidia Results
Wall Street stocks were mixed Wednesday, reversing some earlier declines, as traders nervously awaited earnings from US tech darling Nvidia and digested Federal Reserve minutes that signaled slower interest rate cuts ahead.
The Private Sector Must Continue to Take Charge of Eastern Europe's Economic Development
Eastern Europe's economic development hinges on the continued leadership of the private sector, driving progress and prosperity in the region.
Global Stocks Mostly Lower Despite China Rate Cut
Wall Street and European stocks mostly fell on Tuesday as gains made in Asia after China's central bank sprang a record cut to a benchmark lending rate to boost the nation's struggling economy failed to carry over.