Home
> economy
economy
Generative AI is 'the next productivity frontier', report says
Generative AI is poised to unleash the next wave of productivity, according to a new report stating that it could add the equivalent of $2.6 trillion to $4.4 trillion annually across 63 use cases.
AI part of UK government's plan to secure Britain's place as global tech leader
The government must provide "support and direction" for Britain's technology sector to reach its full economic potential according to techUK.
Unveiling the Economic Impact of Proposed UK Gambling Reforms
The concern centred around the potential impact on the gambling industry's revenue is a consequence of the proposed UK gambling reforms and their potential impact on the industry and broader economy.
Minister of Tourism calls this winter season the 'best' in Jamaica's history of tourism
The Honourable Edmund Bartlett expresses his optimism for the sudden boost of tourism experienced in Jamaica, calling this winter season the "best" in the nation's history of tourism.
British government announces £100 million investment into new AI Taskforce
The PM and the Technology Secretary have announced funding for a new Taskforce intended to guide the safe development of artificial intelligence in the UK.
Asia's richest woman loses half her wealth due to China's property crisis
Yang Huiyan, the richest woman in Asia, has lost more than half of her wealth due to the ongoing property market crisis in China.
Taliban officials dissolve Afghanistan's human rights commission; calling it 'unnecessary'
Afghanistan's Taliban government has now dissolved the country's human rights commission along with four other key departments deeming them "unnecessary," as the country is facing a financial crisis.
Poor people 'can't cook properly' and meals only cost 30p, says Tory MP
Tory MP Lee Anderson has come under fire for insensitive comments made in the House of Commons wherein he said that poor people use food banks because they "cannot cook properly" and "cannot budget."
Israel reopens economy as COVID-19 infection risk drops 95.8 percent after Pfizer vaccine second dose
The Pfizer/BioNTech vaccine also has a 98 percent efficacy rate in preventing fever and breathing problems among patients.
Japan exits recession as GDP grows 5.0% in Q3
The positive figures come after three quarters of contraction in the world's third-largest economy.
King Felipe, Queen Letizia of Spain wrap up regional tour to boost economy
King Felipe of Spain called for unity and solidarity as his tour of different regions of Spain comes to an end.
Melania Trump announces plans to restore White House Rose Garden
The garden was redesigned by Rachel Lambert Mellon and US first lady Jacqueline Kennedy in 1961.
Renowned Economist Paul Krugman Predicts Global Recession This 2019
Nobel Prize laureate Paul Krugman predicts a worldwide recession this year, or by 2020.
Business economists worry about possible recession in 2020
Part of the drop-off in optimism reflects growing worries about what Trump's get-tough approach on trade might do to U.S. growth prospects.
Lagarde urges countries to settle trade disputes, cut debt
IMF Managing Director Christine Lagarde told reporters that "the near-term prospect for the global economy appears to be bright."
Food shortages and world's highest inflation push Venezuelans to the edge
Supermarket shelves and fridges are empty, and the prices of the few goods that are available can change every day.
UK house prices in monthly decline for the first time since June
Latest survey by Halifax finds fresh signs of market weakness.
Eurozone economy ends 2017 on 'stellar' note
The 19-country eurozone economy closed out last year growing stronger than at any time in nearly seven years.
What's the point of blue passports if we can't even afford holidays after Brexit?
The Sun announced it had won a campaign to bring back the UK's "iconic" blue passports after Brexit - but people are worried they will not be able to afford to travel anyway.
Eurozone economy heading for strongest quarter since 2011
The European Union has already upgraded its growth forecast for the eurozone this year to 2.2%
Over a third of UK workers are unhappy in their current jobs
New survey finds hordes of workers looking for new jobs as Christmas approaches.
Why Japan's Shinzo Abe coasted to an election victory despite being far from popular
The incumbent ran on predictable platform in unpredictable times and prevailed despite his ambition to change the constitution few have an appetite for.
Japan to see 'robust' growth bolstered by Tokyo Olympics and 'Abenomics'
Policy stimulus and frenetic construction for the summer games in 2020 seen aiding Japanese economy, according to new analysis.
Theresa May ought to know that messy politics often results in bad economics
The Prime Minister started by eulogising free markets in her Tory Party Conference speech and ended up talking price controls in a paradoxically daft narrative.
Brexit to create 80,000 jobs in Frankfurt as bankers exodus London
Morgan Stanley, Citigroup and Standard Chartered, Nomura Holdings have already picked the German hub.
Has austerity benefited the poor of Britain? The editor of the Spectator thinks so
Fraser Nelson sparks a heated debate after saying cuts have helped the worse-off.
An industrial strategy that fights climate change would fix our broken economy
We should wean ourselves off an over-reliance on finance and build up renewable industries to create jobs.
High street hitch: Why retail sales plunged in December
Rising inflation and Black Friday sales saw shoppers keep their hands in their pockets over Christmas.
Here are the top moments in modern British history according to artificial intelligence
What happens when computers take a look at the historical trends that are too big to see?
5,000 jobs 'announced' by Trump are already part of 50,000 in SoftBank deal
Business mogul who owns Sprint and president-elect made the announcement three weeks ago.