Online retail giant Amazon is planning to cut 10,000 jobs, which is 3% of its global workforce, as it grapples with the uncertain economy taking over globally, the New York Times (NYT) and Wall Street...
China’s new initiatives to support the property sector helped lift the Hang Seng. And while the China’s CSI 300 edged higher both the Shanghai and Shenzhen composites fell. Most Asia Pacific markets fell, while Europe’s...
Technology has developed in leaps and bounds across the globe in different ways. Humans have found no time and joy to communicate with other humans rather they find it interesting to communicate with machines. Probably...
The iPhone maker plans to make more of its products in India, signaling frustration with Beijing’s zero-COVID policy and geopolitical tensions. Has the tech giant’s love affair with China hit the rocks? China has been...
Marketing experts suggest that products should add a satisfying experience and services should add tangible products to get customers returned to them. Recent marketers say that creating a compelling customer experience is the real challenge...
A consolidative tone has emerged ahead of the outcome of the FOMC meeting later today. The focus is not so much on the 75 bp rate hike, but on its forward guidance. Many expect the...
Eurozone: The increase outpaced the predictions from economists. The European Central Bank hinted that another interest rate hike was likely on the horizon. Inflation reached 10.7% across the 19 countries that use the euro currency,...
The narrowness of AI will someday be replaced by artificial general intelligence. But will it have the capability to rival human intelligence and creativity? Some of the world’s most advanced artificial intelligence (AI) systems, at...
Not too many surprises are expected from the 20th Congress of the Chinese Communist Party (CCP), which meets from October 16 to 23, except perhaps the promotion of newcomers among the seven members of the...
The German government and leading economists say that Germany is heading toward a recession. What constitutes a downturn and what does that entail? Germany’s economy is facing extremely testing times. First, the coronavrius pandemic took a...
Lebanon is in the midst of a currency crisis and has devalued its local currency. But implementing a new exchange rate policy is set to have catastrophic consequences on people’s daily lives. Lina Boubess, 62,...
In the times when supply-chain resiliency is an important pillar of any nation’s external economic engagements, the release of the Container Port Performance Index Report 2021 is not only timely but is indeed eye-opening for...