economic

OPEC left its expectations for global oil-demand growth unchanged, but raised its economic forecast amid easing inflation and anticipated interest-rate cuts. OPEC left its expectations for global oil-demand growth unchanged, but raised its economic forecast amid easing inflation and anticipated interest-rate cuts. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source…

 Weak results from Google, Snap and other big sellers of online ads are raising concerns that Wall Street's optimistic growth forecasts are setting investors up for rude surprise this year.Google, which dominates the $270 billion digital advertising sector, recently disappointed Wall Street when its 8.9% fourth-quarter ad revenue growth fell short of expectations. Snap, which owns social media app Snapchat and also relies heavily on advertising dollars, reported discouraging revenue for its most recent quarter. The…

Artificial intelligence (AI) is expected to change the face of the world as far as economic transformation is concerned. However, along with the many positives, there are a huge number of negatives that may deprive humanity of all the benefits and in fact, it is widely feared that it may even spark an Armageddon. In this scenario, many AI leaders have put their faith in countries coming up with some sensible AI regulations. And now, Microsoft CEO Satya Nadella underlined the importance of both two countries, India and…

With the recent boom in AI, the world's biggest companies are making efforts to incorporate this technology into their suite of products in a bid to attract more users and drive profits. While it is being debated whether the opportunities arisen courtesy of AI outweigh its dangers, Microsoft CEO Satya Nadella has called on India as well as other countries to heavily invest in the technology. Nadella also highlighted that India has a unique opportunity to drive its economic growth by leveraging AI.Satya Nadella on AI“AI…

This photo taken on Aug. 22, 2023 shows an advertisement in front of a real estate for sales in Millbrae, California, the United States. The sales of previously owned homes in the United States dropped 2.2 percent in July from June to a seasonally adjusted, annualized rate of 4.07 million units, the National Association of Realtors reported Tuesday. Sales were 16.6 percent lower compared with July of last year, while homes were sold at the slowest July pace since 2010. (Photo by Li Jianguo/Xinhua via Getty Images)Xinhua…

Former President Olusegun Obasanjo has called for increased bilateral relations between Nigeria and Angola.Mr Obasanjo made the call at the Angola-Nigeria Diplomatic-Business Investment meeting on Saturday in Lagos. Mr Obasanjo, who was a special guest of honour at the event, said the meeting focused on the potential for enhanced collaboration between the two countries. According to him, the meeting also emphasises the need to boost trade volume within Africa, which reflects a commitment to advancing economic…

Credit: CC0 Public Domain Transforming food systems around the world would lead to socio-economic benefits summing up to US $5–10 trillion a year, shows a new global policy report produced by leading economists and scientists of the Food System Economics Commission (FSEC). The most ambitious and comprehensive study of food system economics so far…

Last Updated: January 29, 2024, 19:02 ISTAuto Industry's Wishlist for Budget 2024, Hopes High for Economic Boost. (Representational Image) (Photo: HT)Auto industry anticipates growth-oriented measures in upcoming budget. Hopes for infrastructure support and incentives for electric vehicles.As the interim budget approaches, people in the automobile industry have different hopes for Finance Minister, Nirmala Sitharaman.While they don’t expect major changes in this temporary budget, most think some steps could be taken to…

The approximately $2.7 billion in tourism losses from the 2018 Florida red tide bloom emphasizes the need to view harmful algae blooms as potential billion-dollar disasters. (Image by Antoine Hart, UCF). Credit: Antoine Hart, University of Central Florida A new study from the University of Central Florida's Rosen College of Hospitality Management has found that the loss to tourism-related businesses due to the 2018 Florida red…

The annual World Economic Forum (WEF) meet in Davos couldn't get enough of the one concept that’s been the buzzword all of last year – artificial intelligence (AI). For top business leaders and policymakers attending the 5-day shindig, the benefits and threats posed by generative AI, and the response to the unprecedented changes it portends topped the agenda.As the annual meet wraps up today, here's a look at who said what.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM…