Growth
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OpenAI’s Sam Altman Granted Indonesia’s First ‘Golden Visa’ As Country Bets Growth On AI
KEY POINTS Indonesia’s Director General of Immigration said the country will provide a ‘red carpet’ for Golden Visa holders He said the Golden Visa is for people who can benefit…
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African Leaders Seek United Front To Press Green Growth Goals
Landmark African climate talks are set to wrap up Wednesday with leaders seeking a united voice to highlight the continent’s green growth potential provided the world steps up help for…
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Farmers Insurance To Lay Off 2,400 Workers For ‘A Future Of Long-Term Profitability And Growth’
California-based Farmers Insurance has announced that it will lay off 2,400 employees or 11% of its workforce. The move is in an effort to “better position itself for a future…
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Analysis: US Growth, a Puzzle to Policymakers, Could Pose Global Risks
U.S. economic growth, still racing at a potentially inflationary pace as other key parts of the world slow, could pose global risks if it forces Federal Reserve officials to raise…
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China Trims Rates to Revive Growth; Markets Sink on Lower-Than-Expected Cut
The Chinese central bank lowered its prime lending rate to 3.45 percent from 3.55 percent on Monday amid reports that the world’s second largest economy is struggling to return to…
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India’s Medical Devices Sector Aims For Exponential Growth And Boosting Export Competitiveness
A laser device for testing blood sugar without pricking a finger is under development at the University of Leeds. Pictured: A medical staffer takes a blood sample from a diabetes…
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China’s Shrinking Population Poses ‘Formidable Obstacles’ On Its Economic Growth: Research Firm
Pictured: A group of elderly Chinese people enjoys a day in Beijing, April 7, 2007. AFP/Getty Images KEY POINTS The ongoing decline in China’s population is expected to “deepen for…
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Vietnam’s EV Industry Could See Strong Growth In 2023 As VinFast, Others Ramp Up Local Production
In photo: VinFast EVs parked before delivery to their first customers at a U.S. dealership. Reuters KEY POINTS Vietnam’s EV sales are expected to hit around 18,000 this year: BMI…
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Wall Street Rises on Amazon Boost, US Jobs Growth Remains Moderate
Wall Street rose on Friday after data showed the U.S. economy added fewer-than-expected jobs in July, while Amazon’s better-than-expected earnings countered Apple’s tepid sales forecast. Nonfarm payrolls increased by 187,000…
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Aussie Select Announces: Ready for Distribution Network Growth for Its Pasture-Raised Australian Lamb Products
Aussie Select, a brand under Atlanta-based World Select Cuts LLC, has announced that it is immediately ready to widen its distribution network for its lineup of award-winning charcuterie-style Australian lamb…
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Eurozone Returns to Growth in Second Quarter, Inflation Edges Down
Second quarter GDP growth data for the Euro zone showed that the region performed better than expectations and that a technical recession announced three months ago was a false flag.…
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P&G Shares Jump As It Forecasts Profit Growth
Procter & Gamble, which makes Crest toothpaste and other household items, reported solid profits, lifting shares AFP Procter & Gamble reported another quarter of solid profit growth behind price hikes…
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Stagnant German Growth Clouds Eurozone Economy
Germany’s economy stagnated between April and June AFP Flatlining German growth figures on Friday contrasted with positive performances in France and Spain, adding to worries that the traditional manufacturing powerhouse…
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Burrito Price Hikes Are Cooling Off Chipotle’s Growth
An aggressive pricing strategy that helped Chipotle Mexican Grill shift the cost of inflation to its customers last year is beginning to cool off the company’s robust growth. On Wednesday,…
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China’s Post-COVID Boom is Dead? Frail Q2 GDP Growth Suggests More Policy Support is Likely
China’s economy grew at a frail pace in the second quarter as demand weakens at home and abroad, with the post-COVID momentum faltering rapidly and raising pressure on policymakers to…
