Category Archives: Business

Wirex and Visa Expand Partnership to Drive Web3 Payment Adoption

Wirex, the leading Web3 money app, and Visa, a world leader in digital payments, are thrilled to announce a partnership to further the use of digital currencies in the UK and the European Economic Area (EEA). Read more

07Jun/24

Coming Soon: Global Renewable Energy Summit 2024 Gathering of World Partners

Sungrow, a global leader in PV inverter and energy storage system provider, is excited to announce the Global Renewable Energy Summit 2024 (GRES), set to take place on June 11th in Hefei, China. This grand event will bring together industry experts, researchers, and partners from around the world to discuss the theme, “Exploring a Zero-Carbon Path with Sungrow,” emphasizing high-quality development in the global renewable energy industry. Read more

04Jun/24

How is BRICS (Brazil, Russia,India,China,South Africa) bloc doing so far?

June 4, 2024 /Economy/ — The BRICS bloc has been in the news recently due to a significant development: it doubled its membership in January 2024. Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates were all invited to join Atlantic Council. This expansion has the potential to reshape the bloc’s influence, but it also comes with challenges. Continue reading

04Jun/24

CEE companies anticipate a rise in insolvencies, Atradius survey finds

Companies surveyed in Central and Eastern Europe (CEE) demonstrate resilience and adaptability in navigating the challenging economic landscape. While 60% expect ongoing economic strain to trigger a rise in insolvencies over the next 12 months, nearly 33% also anticipate facing short-term and long-term challenges shaping the overall business landscape. This explains why 10% more CEE companies than last year are shifting focus to strategic credit risk management to protect their financial health. Continue reading

26May/24

May infringements package: key decisions

This excerpt describes a regular enforcement action by the European Commission.
Location: Brussels, Belgium (headquarters of the European Commission)
Date: May 23, 2024
Source: PR Newswire Policy (likely a press release)
Action: The European Commission is taking legal action against member states of the EU.
The reason for the legal action is that some member states are not following EU laws as they should be. The goal is to make sure EU laws are applied correctly so both citizens and businesses benefit.

EU law covers many areas, so the specific infringements (areas where the law isn’t being followed) aren’t mentioned in this excerpt. Continue reading

23May/24

THE FUTURE OF GLOBAL TRADE IS BEING REGIONALISED, RESTRUCTURED, AND REROUTED, DMCC REPORT FINDS

Global trade growth and resilience will be maintained in 2024 as an accelerated shift to regionalisation drives deeper bilateral and multilateral partnerships. This will be underpinned by deep supply chain restructuring, modest and uneven goods trade growth, a surge in digital services trade and widespread AI adoption – finds DMCC’s latest Future of Trade 2024 report titled “Decoupled and Reconfigured”. Continue reading

14May/24

AFTER FOUR YEARS OF WILD SWINGS FROM SHORTAGES TO GLUT, GLOBAL SUPPLY CHAINS ARE NOW IN THE GOLDILOCKS ZONE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

The GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses — rose in April to -0.18, from -0.32 in March, which signals that global supply chains are operating at close to full capacity. Continue reading

09May/24

OpenAI’s content deal with the FT is an attempt to avoid more legal challenges – and an ‘AI data apocalypse’

Mike Cook, King’s College London

OpenAI’s new “strategic partnership” and licensing agreement with the Financial Times (FT) follows similar deals between the US tech company and publishers such as Associated Press, German media giant Axel Springer and French newspaper Le Monde.

Continue reading