President Vladimir Putin on Thursday urged Russia’s billionaires and business elite to invest in new technology, production facilities and enterprises to help Russia overcome what he said were Western attempts to destroy its economy. Putin also said Russia had so far defied those attempts, and that the Western firms that had decided to stay in […]
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Chinese battery giant CATL’s plan to raise at least $5 billion in Swiss global depository receipts (GDR) has been delayed as Beijing regulators raise concerns over the large scale of the offering, three people with direct knowledge of the matter said. The world’s largest battery maker, formally known as Contemporary Amperex Technology Co (CATL), had […]
U.S. stocks bounced back on Tuesday as largely on-target inflation data and easing jitters over contagion in the banking sector cooled expectations regarding the size of the rate hike at the Federal Reserve’s policy meeting next week. All three major U.S. stock indexes closed sharply higher, with the S&P 500 and the Dow gaining more […]
These are not mere visions. They’re a roadmap to a better tomorrow for both nations. Be it the Saudi Arabia Vision 2030 or UAE Vision 2030. They both serve as a clear declaration of commitment of both countries. These visions include mega projects that will turn these nations into economic hubs for the world to […]
In today’s world, we collectively become obsessed with something, and then suddenly, it disappears from mainstream media. Look at fashion trends; one day, skinny jeans are all the rage, and then the next, everyone talks about the baggiest pair ever seen on runaways. Sometimes, these discussions seem to come full circle. I mean, we have […]
Deep in the heart of modern business technology, there lies a hard choice between two different types of 5G networks: private and public. These networks have been shrouded in secrecy and misunderstood by many. However, in today’s rapidly changing world, it is essential to understand the key differences between these two types of networks, especially […]
A new pact to facilitate the safe transfer of EU citizens’ personal data to the United States might not come into force in time to avoid a suspension of Facebook’s transatlantic data flows, the U.S. firm’s lead European regulator said on Tuesday. Facebook owner Meta, which has warned a stoppage could force it to suspend […]
Canada’s main stock index fell more than 1% on Tuesday, including sharp declines for resource shares and the shares of BlackBerry Ltd, as hawkish remarks by Federal Reserve Chair Jerome Powell strained investor sentiment. The Toronto Stock Exchange’s S&P/TSX composite index ended down 239.26 points, or 1.2%, at 20,275.54, its lowest closing level since last […]
Throughout history, humans have managed to circumvent long and tedious processes. Henry Ford’s moving assembly line was a quantum leap in manufacturing, so to speak. And in the age of digital advancements, it is no different. The latest concept proposed is quantum computing (QC) based on quantum physics. In layperson’s terms, this type of computing […]
U.S. stock indexes were set to open slightly higher on Tuesday in cautious trading ahead of Federal Reserve Chair Jerome Powell’s testimony before Congress that could shed more light on the central bank’s interest rate hike plans. The benchmark S&P 500 closed higher for a third straight session on Monday, as Treasury yields took a […]