Category: Business

[ad_1] Draghi calls for €800bn EU investment boost and new industrial strategy Over in Brussels, Mario Draghi is calling for coordinated industrial policy and a huge increase in investment to improve the economic situation in the European Union and lift competitiveness. Draghi, the former European Central Bank chief and Italian prime minister, is presenting a…

[ad_1] Walt Ehmer, the president and CEO of Waffle House and a member of the board of trustees for the Atlanta Police Foundation, has died at age 58, the foundation announced Sunday. Ehmer joined Waffle House in 1992 and quickly rose to senior leadership, becoming president of the company in 2002, and later adding the titles of…

[ad_1] (Reuters) – European shares began the week on a positive note after the benchmark index saw its worst day in over a year on Friday, while investors await a slew of economic data and expect the European Central Bank to cut interest rates later in the week. The pan-European STOXX 600 index was up…

[ad_1] China’s state broadcaster has aired a scathing report on consultants and vocational schools running “empty student status” services, which it said allow students to graduate without attending classes. CCTV’s “Financial Investigation” program reported on Sunday that it found five companies in Zhengzhou, Wuhan, and Henan offering to help students enroll in and complete their…

[ad_1] We recently compiled a list of the 8 Best EV Stocks to Buy According to Short Sellers. In this article, we are going to take a look at where ZEEKR Intelligent Technology Holding Limited (NYSE:ZK) stands against the other EV stocks. While there is a lot of skepticism around the EV industry, it has…

[ad_1] Asia is full of billionaires. The Asia-Pacific region has over 1,000 self-made billionaires, together holding about $3.7 trillion in combined wealth, according to a December 2023 survey by UBS. Yet much of that wealth has not been channeled towards philanthropic projects, with the region’s largest donors giving at levels far below the world’s biggest…

[ad_1] Elon Musk’s AI company, xAI, recently unveiled a new supercomputer dubbed Colossus. And like its name implies, it’s big. The computer is an artificial intelligence training system that Musk says runs on a whopping 100,000 Nvidia H100 chips, a powerful graphics processing unit that’s become critical to the AI race. To put that into…

[ad_1] Japanese companies are increasingly abandoning an approach to business in China that once seemed immune to politics, a stark shift after years when they were the biggest single investors in their neighbor’s economy.   In an era defined by geopolitical risks and worry over China’s faltering growth, the economic math no longer adds up…

[ad_1] Nearly 70% of UK adults have bought Fairtrade products such as bananas, tea or coffee in the past year despite pressure on personal finances, as concern that the climate crisis could push up the price of imported food drives “conscious consumerism”, the charity said. Against the backdrop of this year’s big spikes in the…

[ad_1] Vice President Kamala Harris has dazzled Democrats as the party’s new presidential nominee. After President Joe Biden stepped aside as the presumptive nominee in July, the party quickly coalesced around her. And any concerns anyone had about her lackluster 2020 presidential campaign were largely put to rest. Her favorability rating has soared among likely…