While centre driven and managed high level economic changes, both structural and financial, are necessary, an assumption that the benefits of such changes will flow to the periphery through a trickledown theory
In a bid to overcome its looming debt crisis, the Maldives has announced plans to invest $8.8 billion into a blockchain and digital assets financial hub, a bold move aimed at diversifying
More
Toyota’s hydrogen chief has issued a stark warning that hydrogen-powered vehicles could suffer the same fate as electric cars if other countries fail to ramp up investment in the technology. Mitsumasa Yamagata,
More
A leading climate scientist advising Saudi Arabia’s ambitious mega-project, Neom, has raised significant concerns that the construction of the futuristic city could have far-reaching impacts on local weather patterns. Donald Wuebbles, an
More
A growing number of Swiss family offices — private entities that manage wealth for the ultra-rich — are relocating or expanding to Dubai, driven by tightening regulations and political uncertainty in Switzerland,
More
KPMG has resigned as the auditor for P&O Ferries, citing its inability to complete the audit of the company’s 2023 accounts to the “required standard.” The Big Four accounting firm stepped down
More
Amazon founder Jeff Bezos is preparing to offload up to $4.75 billion worth of Amazon shares over the next year, according to regulatory filings released Friday. The planned stock sale comes on
More
The strength of the team is each individual member. The strength of each member is the team ~ Phil Jackson Introduction During my four plus decades of a somewhat heady career in
More
Amazon’s latest earnings report has left investors underwhelmed, with the company’s key cloud computing division, Amazon Web Services (AWS), posting slower-than-expected revenue growth. As reported by The Times UK, shares in the
More
Former U.S. President Donald Trump has escalated his pressure campaign against Iran, vowing to impose sweeping secondary sanctions on any country or individual purchasing Iranian oil or petrochemicals, in a move that
More
In a major legal showdown that could reshape the future of artificial intelligence and copyright law, Meta will face a group of prominent US authors in court on Thursday over allegations that
More
Rogo, a rising AI start-up aiming to replace the grunt work of junior investment bankers with a chatbot, has secured $50 million in Series B funding led by Thrive Capital, the venture
More
Two of Europe’s largest airline groups, Air France-KLM and Lufthansa, have issued cautious warnings about softening demand for travel to the United States among European tourists, citing political uncertainty and concerns over
More
Microsoft has pledged to legally defend continued access to its cloud services on the continent — even if it means challenging the U.S. government in court. The announcement comes amid renewed fears
More
Hilton (NYSE: HLT), the global hospitality giant, has announced the debut of its Hampton by Hilton brand in Thailand, marking a significant step in the company’s expansion across Southeast Asia’s growing midscale
More
The acting chief executive of Saudi Arabia’s Neom, Aiman al-Mudaifer, has recently initiated a “comprehensive review” of the scope and priority of projects within the ambitious $500 billion mega-project, according to sources
More