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Crypto Giant CoinBase Estimates $400 million Cyberattack Hit

Hong Kong Markets Bounce Back as China’s Biggest Pharma Aims for 1.27 Billion IPO

Saudi Aramco Bets on US Gas with NextDecade, Sempra Deals for 6.2m Tonnes of LNG

China Sets Modest 5% GDP Growth Target Amid Economic Challenge

Violet DawsonMarch 5, 20240370 views

The 5% GDP growth target mirrors the restrained ambitions of the previous year, reflective of China’s cautious approach following the stringent zero-Covid measures that weighed heavily on the economy. China’s…

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Foreign Labour and the Industries’ Dependence on it

Rahil MMarch 4, 20240344 views

While foreign labour may offer short-term solutions to labour shortages, it risks stifling productivity growth and impeding the pursuit of sustainable alternatives. Are certain industries becoming overly reliant on foreign…

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G20 Contemplates Global Minimum Tax for Billionaires

Violet DawsonMarch 1, 20240341 views

Under Brazil’s presidency of the G20, Finance Minister Fernando Haddad, backed by the left-leaning government of President Luiz Inácio Lula da Silva, is spearheading efforts to garner support for this…

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SCB X Pcl Nears Acquisition of Home Credit’s Vietnam Business for $800 Million

Rahil MFebruary 29, 20240519 views

For SCB X, the acquisition of Home Credit’s business in Vietnam represents a strategic milestone in its journey to become a leading regional financial technology group. SCB X aims to…

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South Korea’s Demographic Crisis – A Looming Challenge for Society and Economy

Rahil MFebruary 28, 20240364 views

The latest data released by South Korea’s National Statistics Office reveals a stark reality: the fertility rate has plummeted to an unprecedented 0.72 births per woman in 2023, down from…

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Sweden Officially Joins NATO, Becomes 32nd Member After Months of Delays

Violet DawsonFebruary 27, 20240409 views

As Sweden prepares to join NATO, the alliance stands to gain a staunchly anti-Russian member with a formidable military capable of defending Europe’s northern flank. The decision to abandon decades…

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Capital One Announces Landmark $35 Billion Deal to Acquire Discover Financial Services

Rahil MFebruary 26, 20240373 views

Currently, Capital One ranks as the third-largest issuer of Mastercard and Visa cards in the US, accounting for approximately 10% of credit card spending. Capital One Financial Corp. CEO Richard…

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From Memes to Millions – Reddit’s Journey to $10 Billion Valuation

Violet DawsonFebruary 23, 20240378 views

Valued at $10 billion following a funding round in 2021, Reddit’s upcoming IPO has generated speculation regarding its target valuation and the percentage of shares it intends to sell. Reddit,…

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Google Introduces Gemma: A New Open Artificial Intelligence Model

Rahil MFebruary 22, 20240369 views

Gemma is globally available as of Wednesday, accompanied by a new generative AI toolkit offering essential tools and guidance for developing safer applications. To encourage adoption, Google is offering $300…

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Apple Faces €500m Fine for Allegedly Restricting Competition in Music Streaming Market

Violet DawsonFebruary 21, 20240291 views

This case underscores the ongoing legal battles over Apple’s App Store, which serves as a critical digital gateway and has been the subject of complaints from various companies. The EU…

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