Read More Business Thames Water’s credit rating has been downgraded for the second time in six monthsByMichelle ThompsonDecember 15, 2023 Moody’s action comes as the company warns of’materially’ heightened risks that authorities will halt dividend payments. Thames Water’s… Read More
Read More Economy The World Bank predicts that China’s economy would rise by 4.5% in 2024ByMichelle ThompsonDecember 15, 2023 According to the report, the outlook is clouded by weakness in the real estate sector and global demand,… Read More
Read More Business In November, retail sales in the United States increased 0.3% to $705.7 billionByMichelle ThompsonDecember 14, 2023 Retail sales are up 4.1% year on year. According to preliminary numbers issued Thursday by the Commerce Department,… Read More
Read More Economy G20 economic growth rises to 0.7% in the third quarterByMichelle ThompsonDecember 14, 2023 Annual GDP growth in the G20 area was 2.9% in July-September, down from 3.6% in April-June, according to… Read More
Read More AI Alchemy Business The appointment of the first director of AI at The New York Times underscores the significant role that technology is poised to play in the production of news.ByMichelle ThompsonDecember 14, 2023 The New York Times has introduced a new role within its newsroom: the editorial director of artificial intelligence… Read More
Read More Economy China’s 2024 economic recovery plan has a significant flaw.ByMichelle ThompsonDecember 14, 2023 China’s top leaders have promised to prioritize economic growth in the coming year. However, the absence of measures… Read More
Read More AI Alchemy In terms of AI regulation, Europe has made significant progress. The rest of the globe must now step forwardByMichelle ThompsonDecember 13, 2023 Artificial intelligence, like the climate crisis, is a worldwide issue. If we all work together, we can overcome… Read More
Read More Business Tesla recalls nearly 2 million vehicles in the United States due to the Autopilot technologyByMichelle ThompsonDecember 13, 2023 The recall comes after a safety regulator stated that modern driver-assistance systems are vulnerable to ‘foreseeable misuse.’ Tesla… Read More
Read More Economy Annual producer inflation in the United States falls to 0.9% in NovemberByMichelle ThompsonDecember 13, 2023 On a monthly basis, the producer price index stays steady. According to official numbers issued on Wednesday, annual… Read More
Read More Business Economy Argentina is planning to reduce the value of its currency, the peso, by more than 50% as a component of emergency economic reforms.ByMichelle ThompsonDecember 13, 2023 Argentina is set to implement emergency economic measures, including devaluing the peso by more than 50%, according to… Read More