After several years of extremely loose monetary policy, the U.S. Federal Reserve intends to start tightening, for clear reasons, markets will remain focused on the crucial event, which is set to have a major impact on almost all asset classes. Economic data releases will provide clues to the robustness of economies- some of which are vulnerable to investment outflows as higher rates make U.S. assets more attractive. Emerging economies are already struggling to support currencies hit by Fed rate hike expectations and will lead to intensified currency wars further. In this exclusive series we will provide insightful analysis and views on central banks decisions, emerging markets currencies, Fed's tools for managing monetary cycle, investment outflows, including direct government intervention, the imposition of capital controls, and, indirectly, quantitative easing.
Burger King is set to shell out about $8 million after the court ordered it to pay a customer who was injured at the restaurant. The burger store chains franchisee in Florida has been found guilty of negligence by the...
Nestlé SA food and drink company announced it has appointed the new companys head of operations. Effective on July 1, Stephanie Pullings Hart will be the new deputy head of operations, and she will be stationed at...
Asda is reportedly in the midst of finalizing its merger agreement with UK-based EG Group, which operates filling stations, fast-food outlets, and convenience stores. Reportedly, the deal will include more than 500 million...
Panera Brands Inc., an American bakery-cafe chain store, revealed it has promoted one of its high-ranking executives to become its new chief executive officer. The promotion comes as the company reportedly plans for an...
Samsung Electronics Co. will invest 30 billion won over the next three years in its Smart Factory 3.0 project which would transform SMEs manufacturing facilities into smart factories usingartificial intelligence (AI) and...
The Ukrainian deputy defense minister said that Russian troops were replacing the Wagner fighters in the eastern city of Bakhmut, where fighting has been taking place the longest. The minister said that Russian troops were...
North Korean state media criticized the agreement made between the United States, South Korea, and Japan that would allow the three countries to share information in real-time on the isolated nations missile launches. This...
The White House announced this week that US President Joe Biden has appointed US Air Force Chief Gen. Charles Q. Brown to serve as the next Chairman of the Joint Chiefs of Staff. Brown would become the second Black officer...
Norway supports the push for joint training programs for Ukrainian pilots to fly F-16 jets. This follows the endorsement by the United States for the training programs with Ukraine, assuring that the jets will not be used...
The Japanese defense ministry said it scrambled fighter jets after a Russian intelligence-gathering aircraft was spotted flying over the Pacific Ocean and the Sea of Japan this week. This follows recent incidents,...
After a three-year hiatus, scientists in the U.S. have just turned on detectors capable of measuring gravitational waves - tiny ripples in space itself that travel through the universe.
Unlike light waves, gravitational...
While many rocks dont burn, some of them do. It depends on what the rocks are made of and thats related to how they were formed.
There are three main rock types: igneous, sedimentary and metamorphic. These rocks are...
Imagine using your cellphone to control the activity of your own cells to treat injuries and disease. It sounds like something from the imagination of an overly optimistic science fiction writer. But this may one day be a...
Human DNA can be sequenced from small amounts of water, sand and air in the environment to potentially extract identifiable information like genetic lineage, gender, and health risks, according to our new...
When I began my undergraduate physics degree (around 20 years ago), What is the theory of everything? was a question that I heard often. It was used as a label for how theoretical physicists were trying to develop a deeper...
Apple Inc. revealed it has teamed up with Broadcom Inc. for the development of 5G radio frequency parts in the United States. The companies signed a multi-billion deal for the partnership.
With the cooperation between...
For some people, the term black box brings to mind the recording devices in airplanes that are valuable for postmortem analyses if the unthinkable happens. For others it evokes small, minimally outfitted theaters. But...
Whether we realize it or not, advancements in artificial intelligence are increasingly influencing the paths of our careers.
Advancements in human capital management systems, more strategic and data-driven human...
Artificial intelligence (AI) has become such a part of our daily lives that its hard to avoid even if we might not recognise it.
While ChatGPT and the use of algorithms in social media get lots of attention, an...
Amid management changes at Twitter, discontented users are exploring an alternative social media platform called Bluesky. According to media reports, downloads of the Bluesky app surged more than 600% in...