Bussiness

New Zealand exits recession, but economic troubles linger

Posted by June 20, 2024

GDP grows 0.2 percent in first quarter, buoyed by record immigration.New Zealand’s economy has crawled out of recession after back-to-back downturns in the sp

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McDonald’s scraps AI pilot at drive-through outlets after order mix-ups

Posted by June 19, 2024

Fast food giant pulls plug on AI-powered voice-ordering at about 100 outlets after viral videos of order mishaps.McDonald’s is scrapping a trial of artificial

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Nvidia becomes world’s most valuable company, dethroning Microsoft

Posted by June 19, 2024

Chip giant’s market capitalisation hits $3.335 trillion as stock prices continues its stellar rise.Nvidia, the startup at the centre of the artificial intelli

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Malaysia to join BRICS, China’s Xi an ‘outstanding leader’, Anwar…

Posted by June 18, 2024

Malaysian leader criticises ‘Western narrative’ around Hamas’s October 7 attack on Israel.Malaysia is planning to join the BRICS grouping of emerging econ

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Can Pakistan’s allies help revive its economy though investment dollars?

Posted by June 18, 2024

Islamabad, Pakistan — In a series of trips over the past three months, Pakistan Prime Minister Shehbaz Sharif has tried to convince the debt-strapped countryâ

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China launches anti-dumping investigation into EU pork imports

Posted by June 17, 2024

China’s probe into EU pork comes in retaliation to the bloc’s decision last week to add additional tariffs on Chinese electric vehicles.China has opened an

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Most news consumers suspicious of AI in journalism, survey shows

Posted by June 17, 2024

News consumers most opposed to use of AI for sensitive topics such as politics, report finds.Most news consumers in the United States and the United Kingdom wou

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Why Microsoft, OpenAI and Nvidia are facing anti-monopoly probes

Posted by June 17, 2024

The United States Department of Justice and the Federal Trade Commission (FTC) have reportedly reached a deal on how they will pursue an antitrust investigation

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For China’s booming EV industry, US and EU markets a…

Posted by June 14, 2024

Taipei, Taiwan – Earlier this year, electric car enthusiast Anders Berner eagerly opened the door of a BYD Seal to take the sedan on a test drive outside the

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US expands Russia sanctions, targeting entities in China, UAE and…

Posted by June 13, 2024

Washington’s latest sanctions announcement comes as US President Joe Biden attends the G7 summit in Italy.The United States has rolled out new sanctions again

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UK’s Starmer says ‘wealth creation’ top priority in pitch to…

Posted by June 13, 2024

Labour Party leader rules out any rise in income tax, for national insurance or VAT.The UK’s opposition leader Keir Starmer has pledged to make wealth creatio

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EU threatens tariff hike on Chinese electric vehicles

Posted by June 12, 2024

The spat over EVs is part of a wider trade dispute over Chinese state support for green technologies.The European Union will hike tariffs on Chinese electric ve

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