Schneider Electric, the leader in the digital transformation of energy management and automation, is investing £42 million in a new manufacturing facility in Scarborough, North Yorkshire. Continue reading
Category Archives: Business
‘It is crucial to tell the real China-Africa story’
The 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) is being held in Beijing from September 4 to 6. It takes place at a critical juncture when the world is grappling with various regional and global crises and there is a pressing need for countries from the Global South to join hands. How will this year’s FOCAC elevate ties between China and Africa? Continue reading
Three Napa wineries sue Napa County in federal court
After years of their concerns falling on deaf ears, three Napa wineries have joined forces to sue Napa County in federal court to address longstanding violations of constitutional rights. The participating wineries are Summit Lake Vineyard, Smith-Madrone Winery, and Hoopes Vineyard. Continue reading
The Economist offers Espresso, its short-form, daily news app, free for students worldwide
Today The Economist announces that Espresso, its short-form, daily news app, will now be available to over 400m students worldwide at no cost. With succinct global news updates and videos that cater to the evolving habits of younger, digital-first audiences, the Espresso app will be available to high school and university students aged 16 and older. To coincide with the new offer for students, Espresso now also features AI-powered, in-app translations in French, German, Mandarin and Spanish. Students will continue to receive an exclusive 50% discount on a subscription to the complete offerings of The Economist. Continue reading
What’s Next for AI in Banking: Better Chatbots or Something Else?
AI chatbots and Large Language Models (LLMs) such as ChatGPT have become commonplace in recent years to answer queries, whether that’s how to write a persuasive email or to request a replacement for a stolen card. According to Auriemma Group’s latest UK Cardbeat study, credit cardholders tend to be comfortable using AI chatbots to carry out basic tasks with their card issuer, but express skepticism when faced with more complex servicing needs. Continue reading
ELFBAR actions against counterfeits in South Africa
Global leading vape brand ELFBAR reinforces its firm stance against counterfeits, with some 3,600 fake and substandard vapes seized in the latest operation with enforcement authorities in South Africa.
Equifax Introduces New Mortgage Verification Solution
Equifax® (NYSE: EFX) has launched a new solution, All Employers Within 90 DaysTM, in support of its commitment to providing an extensive set of verification solutions for the mortgage industry. Read more
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
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
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