Staff Reporter

Only 6% Banks Ready for Large-scale AI Transformation

Posted by Staff Reporter - March 15, 2024

The 20th anniversary edition of the Capgemini Research Institute’s World Retail Banking Report, published today, reveals 80% of retail bank executives believe that generative AI represents a significant leap in…

Indian Bankers to Get Higher Salary Hikes

Posted by Staff Reporter - March 15, 2024

Finance professionals in India are in line for higher salary hikes than those in Hong Kong and Singapore this year, underscoring how firms are tapping the nation’s economic boom as…

China Technology Giant Xiaomi Starts Electric Car Sales

Posted by Staff Reporter - March 15, 2024

Chinese technology giant Xiaomi says it will start deliveries of its first electric vehicle (EV) this month – its first ever foray into the competitive automotive industry. The car’s price…

FUD Launches O|Kardia with $61Million Investment

Posted by Staff Reporter - March 14, 2024

Four U Development (FUD), a subsidiary of Al Batal Real Estate Investment Group, has launched O|Kardia, a mixed-use project in New Obour City, with a total investment of EGP 3…

Vietnam’s Automobile Sales Plummet in February

Posted by Staff Reporter - March 14, 2024

The Vietnam Automobile Manufacturers’ Association (VAMA) announced that its members sold a total of 30,876 units during January – February, plunging 23% from the same time last year. Meanwhile, the…

European Online Retailer Zalando Takes on More B2B E-commerce

Posted by Staff Reporter - March 14, 2024

Zalando, one of Germany’s biggest online retailers, wants to jumpstart its flat business by branching out into B2B. The company recorded no change in its gross merchandise volume (GMV) and…

Ukraine to Receive $18 Million Grant for Education

Posted by Staff Reporter - March 14, 2024

Ukraine will receive $18 million from Education Cannot Wait, a UNICEF-hosted fund, to provide educational support to children affected by the war, Ukraine’s Education Minister Oksen Lisovyi announced in a…

Canada to Restrict Study Permits of International Students

Posted by Staff Reporter - March 14, 2024

Canada plans to issue approximately 292,000 study permits for college and undergraduate international students in 2024, as per the recent revelations by Canada’s Immigration Minister, Marc Miller. In an attempt…

HK Residential Witnessing Positive Changes: Savills

Posted by Staff Reporter - March 15, 2024

According to Savills Hong Kong, strong demand for premium houses on the Peak contrasts with low interest in luxury rentals priced between HK$100,000 and HK$200,000. Diverse tenant profiles and budget…

Europe’s Grids Risk Stalling Energy Transition

Posted by Staff Reporter - March 14, 2024

New analysis from think tank Ember finds that 11 out of 26 European countries are basing their grid investment decisions on plans that assume lower wind and solar capacities in…

Author: Staff Reporter

Only 6% Banks Ready for Large-scale AI Transformation

Indian Bankers to Get Higher Salary Hikes

China Technology Giant Xiaomi Starts Electric Car Sales

FUD Launches O|Kardia with $61Million Investment

Vietnam’s Automobile Sales Plummet in February

European Online Retailer Zalando Takes on More B2B E-commerce

Ukraine to Receive $18 Million Grant for Education

Canada to Restrict Study Permits of International Students

HK Residential Witnessing Positive Changes: Savills

Europe’s Grids Risk Stalling Energy Transition

SIDDHANT KAPOOR

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