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2022 Embraces Financial Innovation: Top Trends and Predictions

As we bid 2021 farewell, the takeaway from this eventful year is that we should learn to cling to the wave of change that accompanies the human race and, with it, the wave of endless innovations. 2021 came, and along came the never-ending opportunities of financial innovation to evolve as a race and clutch to […]

JPMorgan's Dimon Warns of Potential $1 Billion Loss from Russia Exposure

JPMorgan boss Jamie Dimon warned on Monday that the bank could lose about $1 billion on its Russia exposure, the first time it has detailed the extent of its potential losses resulting from the conflict in Ukraine. In his keenly watched annual letter to shareholders, the chairman and chief executive of the biggest U.S. bank […]

Global Wind Power Must Gather Speed to Meet Climate Goals, Report Finds

Pandemic-related supply chain problems slowed the rollout of new wind power in 2021, as the sector lags far behind the capacity needed to curb greenhouse gas emissions and meet net zero emission targets, an industry report said on Monday. The Global Wind Energy Council (GWEC) report comes ahead of a U.N. report to be published […]

Carmakers Dream of Clean, Green, Mean Electric Machines

An electric car is a clean car, right? If only it were so simple. From motor magnets with toxic histories to batteries made using copious fossil-fuel power, many challenges face carmakers seeking to purge dirtier materials from their supply chains to satisfy regulators and investors. These obstacles represent opportunities for a growing group of companies […]

No Service: The Big Problem with Rural Broadband

Not being able to make a phone call or access the internet is an unfair, yet all-too regular, occurrence for people living in rural communities. Disparities in connection between rural and urban areas cause consequences that run much deeper than just frustration. In this article, Hamish White, CEO of telecom services provider Mobilise, discusses the inequalities of […]

Banks Help European Shares Rise Amid Gas Supply Worries

European shares rose slightly after early sluggishness on Friday, as a rally in bank stocks helped outweigh worries about economic growth and inflation, with Europe facing a deadline to start paying for Russian gas in roubles.Russian President Vladimir Putin threatened to cut off gas supplies unless paid in local currency from April 1 — a […]

Toshiba Investors Bet on Private Equity Interest, Shares Jump

Investors sent Toshiba Corp shares sharply higher on Friday as they bet the Japanese conglomerate could become the target of a bidding war after Bain Capital sounded out shareholders about a possible buyout. The stock jumped 6.7 percent in morning Tokyo trade on expectations that global private equity firms could be lining up to take […]

Li-Fi: Is It Better Than Wi-Fi? And Proper Substitute?

Wireless Fidelity, or simply Wi-Fi, standardized under IEEE 802.11, revolutionized the way we connect and access the internet. It allowed ubiquitous connectivity and a declining dependence on wired Ethernet connections and modems. Wi-Fi has become an integral part of our life with our houses, workplaces, leisure centers, even public transportation facilities, among others, equipped with […]