News

China’s leaders take a cautious approach to the estimate for the country’s economic recovery, after removing most of the Covid restrictions on business activity that were imposed in 2022. China announced a target of around 5% Gross Domestic Product (GDP) growth...

The White House announced its much-awaited National Cyber Strategy. It provides a road map for how the White House administration aims to defend the USA from an increasing number of online threats. A key element of the new strategy consists...

Goldman Sachs CEO David Solomon stated that asset management and wealth management will be the growth driver of the bank. Solomon said, “The actual story of opportunity for growth for us in the coming years is around asset management and wealth...

Amazon employees are pushing CEO Andy Jassy to drop a return-to-office mandate. Jassy recently announced Amazon would require employees to work from the office a minimum of three days a week beginning May 1. Jassy said, “Amazon’s leadership team, known as the S-team, decided...

CSRC announces new rules for overseas IPOs The China Securities Regulatory Commission (CSRC) recently announced new rules that require domestic firms to comply with national security regulations and the personal data protection law measures before going public overseas. China-based firms now...

Crypto market gains $84 billion despite tougher regulatory stance from US Authorities Crypto markets gained $84 billion in value yesterday despite tougher regulatory stand from the USA government. Bitcoin rose to $24,500.00 while ether was up at $1,679.31, as per the Coin Metrics. Vijay Ayyar,...

The shares of Google’s parent company Alphabet declined more than 7% following an event of company to promote its new AI-powered chatbot called Bard. Google publicly announced AI-powered Bard recently and expressed that it will begin to roll out the AI-powered Bard technology...

The International Monetary Fund (IMF) revised its global growth forecast for the 2023 and 2024. According to its latest update economy will grow at 2.9% in 2023 and at 3.1% in 2024. The global economy grew at 3.4% in...

The two largest economies in South America are Argentina and Brazil are discussing about creation of a common currency, as a coordinated effort to reduce dependency on the U.S. dollar. The analysts are dismissing the proposal due to discrepancies between...

Major economies in the world are coming up with plans to shift from fossil fuels to green hydrogen using low or zero-carbon technologies. Technological innovation, huge money, and tremendous political will are essential to make this shift and it is...