Business & Economy
Latest Blog
Intel Shakes Up Manufacturing Leadership as Strategic Retirements and 14A Uncertainty Loom
Intel Corporation is undergoing a dramatic leadership overhaul amid a critical inflection point in its manufacturing roadmap. With three top manufacturing executives announcing retirement and the future of its 14A process hanging in the balance, new CEO Lip-Bu Tan is…
Trump Unleashes New Tariff Wave: 40% Duty on Transshipped Goods to Start August 7
New Tariff Regime Targets Transshipment, Raises Global Trade Stakes In a sharp escalation of trade enforcement, U.S. President Donald Trump has authorized a new executive order implementing steep tariff hikes across a wide range of imports, with a specific focus…
Samsung Invests in South Korean AI Chipmaker Rebellions Ahead of IPO Plans
South Korean AI chip startup Rebellions has received fresh backing from Samsung, further strengthening its efforts to raise between $150 million and $200 million in a new funding round, with ambitions of a future initial public offering (IPO). This move…
Germans Are Finally Adopting Air Conditioning — Even Renters Are Joining In
As Heatwaves Intensify, Germans — Even Renters — Are Turning to Air Conditioning Walking through German neighborhoods today, you’re likely to spot a new feature hanging from windows and sitting on balconies: portable air conditioning units. In a country where…
Future of Minimalist in Doubt After HUL Acquisition, Warns Bombay Shaving Company CEO
Big Brand, Big Risk? Deshpande Predicts Minimalist May Fade Post Acquisition The founder and CEO of Bombay Shaving Company, Shantanu Deshpande, has sparked intense discussion across India’s startup ecosystem by voicing serious concerns about the long-term survival of Minimalist, a…
Meta Faces $8 Billion Investor Lawsuit Over Facebook’s Privacy Settlement Deal
A high-stakes trial opened this week in Delaware as shareholders of Meta Platforms seek to recover $8 billion in damages, alleging that the company’s leadership mishandled a massive privacy scandal settlement dating back to 2019. Investor Allegations Center on $5…
Jensen Huang Applauds China’s AI Prowess as Nvidia Prepares to Resume Chip Exports
Nvidia’s CEO Applauds China’s AI Models Amid Renewed Chip Deal On the heels of regulatory clarity from the U.S. government, Nvidia CEO Jensen Huang returned to China and lauded the nation’s AI advancements, especially its growing ecosystem of open-source models….
China’s Economic Growth Surprises Analysts as Trump Tariff Threats Resurface
Despite mounting pressure from U.S. tariffs and a lingering property market slump, China’s economy posted stronger-than-expected growth in Q2 2025, offering a surprising show of resilience amid global uncertainty. According to official data released by the National Bureau of Statistics,…
Farhan Naqvi: The Strategic Mind Behind iLearningEngines’ Financial Rise and IPO Ambitions
In an era where artificial intelligence, learning automation, and SaaS dominate the digital transformation narrative, few leaders exemplify the fusion of strategic finance and visionary leadership like Sayyed Farhan Naqvi. Best known for his tenure as Chief Financial Officer (CFO)…
AI Framework Should Be ‘US Plus China’, Not ‘US Versus China’: Power Dynamics CEO
Jen Zhu Scott, Co-Founder and CEO of Power Dynamics, has called for a collaborative AI development model that unites the United States and China, rather than one that pits the two tech superpowers against each other. Speaking at a recent…
How Chinese Tech Giants Tackle U.S. Chip Curbs to Stay Competitive in AI Race
Amid the ongoing trade tensions between the U.S. and China, Chinese tech giants Tencent and Baidu are finding ways to stay competitive in the global artificial intelligence (AI) race, even as the U.S. tightens its restrictions on key semiconductors. Navigating…
Pope Leo XIV’s call to tame AI sets tone for Christian leaders
In his inaugural address this month, Pope Leo XIV spotlighted the rising influence of artificial intelligence (AI) and its potential consequences, a call that is resonating across the global Christian community. His remarks come at a time when both optimism…
South Africa’s 2025 Budget Raises Economic Concerns Amid Tax Adjustments and Growth Woes
South Africa’s economic trajectory continues to raise alarm as the National Treasury projects a sluggish real GDP growth rate of just 1.7% over the Medium-Term Expenditure Framework (MTEF) period. Deep-rooted structural constraints, declining investor sentiment, and chronic issues in the…
US-China Trade Tensions Resurface Over Huawei’s AI Chips Following Truce
After a temporary truce between the United States and China on trade tensions, relations have quickly soured once again—this time over Huawei’s advanced semiconductors. The ongoing dispute underscores the complexities of the trade relationship between the two global giants, particularly…
Why Money and Power Impact Male Self-Esteem
The link between money, power, and self-esteem in men is a topic of growing interest, particularly as societal dynamics evolve. Traditionally, men have been expected to be the primary breadwinners, and these expectations can have a profound impact on their…
How Trump, Obama, and Other Leaders Reacted to Biden’s Cancer Diagnosis
Former U.S. President Joe Biden’s recent cancer diagnosis has drawn heartfelt reactions from both sides of the American political spectrum, including prominent leaders like Donald Trump, Barack Obama, and Kamala Harris. Biden, who has long been dedicated to cancer research…
Arab League Summit Begins in Baghdad with Gaza Crisis at Forefront
Regional leaders gathered in Baghdad on May 17, 2025, for the annual Arab League summit, with the Gaza conflict dominating discussions. This summit comes just two months after Israel ended a ceasefire with the Hamas militant group that had been…
Google One Surpasses 150 Million Subscribers as AI-Powered Plans Drive Growth
Google One, the subscription-based service from Alphabet Inc., has reached a major milestone—surpassing 150 million subscribers, the company revealed to Reuters. This marks a 50% surge in growth since February 2024, when the platform celebrated crossing the 100 million mark….
Putin to Miss Ukraine Peace Talks, Sends Veteran Negotiators Instead
Russian President Vladimir Putin has confirmed he will not personally attend upcoming peace talks with Ukraine, despite having initially proposed the negotiations. Instead, the Kremlin announced late Wednesday the formation of a delegation comprising senior, battle-hardened officials, signaling Moscow’s serious…
UK Trials AI to Review Botox and Filler Feedback
In a first-of-its-kind experiment in the UK, a government-backed artificial intelligence tool has been deployed to evaluate public opinions on cosmetic procedures such as botox and lip fillers. The initiative, tested during a Scottish government consultation on non-surgical aesthetic treatments,…
Sensex Tanks 1,300 Points, Nifty Ends Below 24,600: Market Highlights
Indian equity markets reversed gains on Tuesday, May 13, 2025, as benchmark indices fell sharply. While the Sensex and Nifty declined over 1%, broader indices like smallcaps and midcaps ended in the green. Key Market Movements The Nifty 50 dropped…