French tech startups are bullish despite the country's sluggish economy and constant barrage of cyberattacks.

French startups are confident in their future despite the present economic climate, job losses in the technology industry, and recovery from the COVID-19 pandemic, a new study reveals. Study findings from EY and France Digitale, published on Tuesday, show that nearly 40% of French start-up CEOs a...

India will profit from the decoupling of the United States and China, Gautam Adani said at the Davos Economic Summit

Billionaire Gautam Adani said in Davos that the decoupling of trading superpowers the United States and China presents a massive opportunity for India to become a major player in the global supply chain. The world is experiencing the "Great Fracture," according to a blog post written by...

During this year's World Economic Forum, 39 organizations made commitments to improve health fairness around the world

On Thursday, the World Economic Forum announced that 39 companies from 9 different nations, including Salesforce, Pfizer, and AstraZeneca, have committed to addressing inequalities in global health. In addition to Anglo American, Deloitte, Gavi, Medtronic, Philips, Sanofi, and Takeda, the WEF Ann...

Korea's leader has pledged to take the initiative in bringing supply chain stability to the world.

Thursday (local time), President Yoon Suk Yeol gave a special address at the World Economic Forum (WEF) in Davos, Switzerland, promising that Korea would play a leading role in facilitating international cooperation and solidarity, which he emphasized as the key solutions to addressing the variou...

In a historic free trade agreement, the European Union and Japan have reached a new level of cooperation.

Japan's Prime Minister Shinzo Abe and European Union (EU) Presidents Jean-Claude Juncker and Donald Tusk signed the Japan-EU Economic Partnership Agreement (EPA) yesterday, paving the way for the establishment of a free trade zone embracing more than 600 million people. The treaty, which goes...

In spite of economic gloom and cyber threats, French start-ups are hopeful about the future

French start-ups are confident in their future despite the current economic climate, job cuts in the technology industry, and recovery from the COVID-19 pandemic, a new study reveals. A report by EY and France Digitale, published on Tuesday, found that over 40% of French start-up CEOs expect thei...

U.S. job market strength leads to a four-week high for the dollar in foreign exchange markets.

On Friday, the dollar reached its highest level in over a month as a result of U.S. economic statistics showing a still tight labour market, which could suggest the Federal Reserve continues rising interest rates quickly. Statistics released on Thursday indicated that the number of Americans fili...

Karly, an online grocery store, has decided to cancel its initial public offering due to market volatility.

A South Korean firm that promised next-day grocery delivery service has cancelled its IPO because of the deteriorating economic conditions, which have halted the market debuts of other start-ups. Considering market sentiment remained negative amid the global market uncertainty, the company opted ...

Due to the economic downturn, jobs in Surat's synthetic textile industry are threatened

The synthetic textile sector in Surat, which accounts for around 90% of India's synthetic fabrics, is experiencing a downturn. Several manufacturing facilities in the vicinity have closed down due to lack of customers, putting many people out of work. According to Indo-Asian News Service, tho...

Prospects for Japan's Chemical Industry

Today, Japan's chemical sector contributes to the country's economic growth by supplying fertilisers, synthetic fibres, and other chemical products, as well as creating and producing new materials required for the development of the automobile, housing, power, and electronics industries. ...

These nations want to end the global 'poly crisis' by focusing on factors other than gross domestic product.

The global standard for measuring economic health has become inadequate for a rising number of countries. Finland, Iceland, Scotland, Wales, and New Zealand are all part of the Wellbeing Economy Governments cooperation, which is led by a majority of women. As it grows in size over the next severa...

The chemical sector in the United States contributes 25% to GDP.

New research from the US National Academies estimates that by 2020, the chemical sector in the United States will have generated $5.2 trillion (£4.3 trillion) in economic output and employed 4.1 million people. A committee led by Mark Wrighton, a chemist and the current president of George ...

The worldwide economic impact of the crisis in Ukraine

Worldwide households and businesses faced a number of difficulties throughout the last year. An already fragile global economic recovery was thrown off course by Russia's invasion of Ukraine, which presented fresh difficulties for governments and consumers alike.

 Ford Motor Co...

Jiang Zemin, the man who guided China's economic rise, has died.

Jiang Zemin, who led China out of isolation after the army crushed pro-democracy rallies in Tiananmen Square in 1989 and supported economic reforms that led to a decade of tremendous development, died Wednesday. He was 96.

Jiang, who was president for a decade until 2003 and headed the ...

The government is preparing to order striking truckers back to work.

President Yoon Suk-yeol will convene a Cabinet meeting on Tuesday to decide whether to issue an executive order requiring striking truckers to return to work immediately, after the first round of talks between the government and the truckers' union broke down Monday afternoon, according to go...

The Fed's preferred inflation gauge is improving.

The Bureau of Economic Analysis announced on Thursday that an inflation gauge preferred by the Federal Reserve fell significantly in October, bolstering expectations that rising prices are beginning to level off.

The core personal consumption expenditures price index, which excludes typ...

According to a survey by EY and the Confederation of Indian Industry (CII), reform and economic growth will increase foreign direct investment potential to $475 billion in five years.

A CII-EY poll found that a majority of the MNCs already operating in India view the country as a potential replacement for their China+1 strategy, with confidence fuelled by both near- and long-term opportunities.

Seventy-one percent of multinational corporations (MNCs) viewed India as ...

Yen declines to a lower 144 level as compared to the dollar

In response to rumours that the Federal Reserve will continue raising interest rates in the wake of positive U.S. economic statistics, the yen plunged to the lower 144 level and hit a fresh 24-year low of 144.38 against the dollar on Wednesday in Tokyo.

Dealers stated that after crossin...

Crises Forces Sri Lankan into poverty

Srilankan’s Faces the worst economic crisis in decades. According to the survey it states that Nilanthi Gunasekera a Srilankan women clutches the final handful of dried fish her family has left in her outstretched palms.

She is one among the millions of Sri Lankans who are sufferi...

NHI & SA

An expert in public health medicine suggests that the government raise taxes in order to generate cash in the interim while it continues to be unknown how much money would be necessary to pay for the planned National Health Insurance (NHI), as well as where the funds will come from. The suggestio...