United States and Japan sign trade deal to strengthen their EV battery supply chains March 28, 2023 The United States and Japan have announced a trade deal on electric vehicle (EV) battery minerals that aims to strengthen their battery supply chains…
$35 trillion investment in transitional technologies would be needed by 2030 to curb global heating: IRENA March 28, 2023 The head of the International Renewable Energy Agency (IRENA), Francesco La Camera, has recently stated that the global energy transition is not on track…
Alibaba will split into six independent business groups March 28, 2023 Alibaba will split its company into six business groups, each with the ability to raise outside funding and go public, in the most significant…
Ovo Energy is offering a one-year fixed tariff of £2,275 to existing customers March 27, 2023 Ovo Energy has launches its first deal below the government’s £2,500 cap on typical household bills amid falling wholesale gas prices, which have fallen…
Barclays closes another 14 branches across UK amid shift to digital banking March 27, 2023 Barclays will close another 14 branches at sites across the UK, two in Wales and 12 in England. It is the third time this…
Zoom uses OpenAI technologies to the expansion of Zoom IQ March 27, 2023 SAN JOSE: Enterprise Connect, Zoom Video Communications (NASDAQ: ZM) announced the expansion of Zoom IQ, a smart companion that empowers collaboration and unlocks people’s…
2023 would be another challenging year: IMF chief Kristalina Georgieva March 26, 2023 The International Monetary Fund (IMF) managing director Kristalina Georgieva reiterated her view that 2023 would be another challenging year, with global growth slowing to…
Block Inc. shares nosedive 19% after fraud allegations by Hindenburg Research March 23, 2023 Shares of Block Inc., which operates through two segments: Square and Cash App., plunged 19% after short seller Hindenburg Research announced the payment company…
Walmart is shrinking its workforce anticipating roughly flat or declining sales March 23, 2023 Walmart is laying off hundreds of employees at e-commerce facilities across the country, as the largest private employer is shrinking its workforce as many…
Bank of England hikes interest rates by 25 basis points to 4.25% March 23, 2023 LONDON, UK: The Bank of England on Thursday hiked interest rates by 25 basis points as it grapples with persistent high inflation. The Monetary…