China to increase defense spending 7.2% sets economic growth for 2023
China has set an official economic growth target of “around 5%” for 2023, as it seeks to revive the world’s second-largest economy after a year...
IMF chief: Russia’s economy will be devastated by Ukraine war
The International Monetary Fund has drawn criticism for forecasting that Russia will see stronger economic growth this year than either the United Kingdom or Germany, despite...
Ethereum ‘Merge’ brings key moment for crypto market
Ethereum has completed a long-awaited upgrade to its system in a move expected to slash its energy costs and intended to prepare the ground...
Google loses appeal against record EU antitrust fine
Google has lost its appeal against a record €4.34bn EU competition fine for using the dominance of its Android mobile phone operating system to...
Is the US Preparing For a Recession
The economy is close to entering a recession, perhaps as soon as this year. To avoid taking too much of a financial hit, Americans...
Fed chair Jerome Powell: Rate hikes to lead to more job losses
Federal Reserve Chairman Jerome Powell told lawmakers on Thursday that aggressive interest rate hikes designed to tame inflation could lift unemployment on Main Street.
Powell said that...
Shammi Shinh Partners with Bored Ape Yacht Club Artist to Break World’s Most Expensive...
Shammi Shinh Partners with Bored Ape Yacht Club Artist to Break World’s Most Expensive Champagne Record by selling NFT for $2.5 million USD
During NYC.NFT...
European banks to increase cyberattack defenses amid Russia-Ukraine crisis
Banks across the euro zone are being told to increase their cyber defenses with the region’s regulator saying the issue should be a top...
European industrial giants join nuclear fusion race
European industrial giants have joined the race to create cleaner energy through nuclear fusion, a nascent industry pioneered primarily in the US. Munich-based Marvel...
Investors wipe almost $200bn from value of Social Media Giant Meta
Investors wiped almost $200bn from the market valuation of Facebook owner Meta as it warned that users were spending more time on newer rivals...
Confusion Over Net Zero
Net zero” has quickly become part of the lexicon on Wall Street and in the City of London, but there’s no consensus on what it...
UK Govt plans sale of Chinese-owned nuclear stake to investors
A minority stake in a new £20bn nuclear power station on England’s east coast will be sold to institutional investors or floated on the...
