Britain is in a bit of a pickle. Many wealthy folks, from tech moguls to football team owners, have been packing their bags and leaving the country. Why? Higher taxes. Now, the UK's finance boss, Rachel Reeves, is trying to fix this issue. In her recent budget, Reeves aimed to soften the blow of a
Japan is making big financial moves. The country is planning to sell more short-term bonds. This is to support a huge spending plan led by Prime Minister Sanae Takaichi. It's the largest spending plan since Japan eased its pandemic rules. The government has approved extra funds. The total is 18. 3
JPMorgan Chase is making a huge move in London. They plan to build a massive tower in the Canary Wharf area. This isn't just any building—it's set to be a whopping 3 million square feet, which is more than double the size of The Shard, London's tallest building. The bank thinks this project will bri
Alibaba Group Holding Ltd. stands as a symbol of China's economic landscape, showcasing both its strengths and weaknesses. The company's latest quarterly earnings reveal a lot about the country's two-speed economy, which is both robust and unstable. Let's start with the positives. Alibaba's cloud d
The meat market is in a tough spot. It's not just a problem for consumers or farmers. Everyone is feeling the heat. Prices are high. Quality is questionable. And the system seems to be failing at every level. First, let's talk about the prices. They are not just high. They are skyrocketing. This is
In a surprising turn of events, the UK's fiscal watchdog, the Office for Budget Responsibility (OBR), released its economic forecast earlier than usual. This happened just before the finance minister, Rachel Reeves, was set to unveil her budget plans. The report, which typically comes out after the
Uber has recently let go of a group of AI training contractors, ending their work two months earlier than initially promised. These workers were part of Project Sandbox, a program where Uber provides AI training services to other companies, specifically Google in this case. Around a dozen contractor
Vietnam's Buy Now Pay Later (BNPL) market is on fire, with big growth expected through 2030. By 2025, it's set to hit USD 2. 61 billion, up from USD 1. 91 billion in 2024. That's a huge jump, and it's not slowing down anytime soon. The market is growing fast, with a mix of local and international pl
The tech world is buzzing with a major change that caught many off guard. The shift to TPUs, or Tensor Processing Units, is happening faster than anyone predicted. These specialized chips are designed to handle complex tasks that regular processors struggle with. They are becoming the go-to choice f
AI is everywhere, changing how we work and create. But most people struggle to use it well. Nine out of ten workers use AI, but many give up because they lack skills or trust in the tools. Even when companies use AI, only a few see real benefits. AI is growing fast, and schools are struggling to ke
