Investors, who had largely priced in a decisive victory for the BJP, were met with a rude shock as the party failed to secure a strong mandate in the 2024 Lok Sabha elections.
Germany, the largest economy in Europe, is on a precarious economic path, facing potential stagnation due to its ageing population, warns the International Monetary Fund (IMF).
Yellen’s comments come amid growing concerns over China’s economic practices, particularly its massive investment in industries where production is surging without adequate demand.
n a desperate move to rejuvenate public support and stimulate the economy amidst sluggish growth and mounting public debt, the British government has unveiled a series of tax cuts.
Germany, Europe’s largest economy, is facing a bleak outlook for 2024, as it struggles with the fallout of Russia’s full invasion of Ukraine, high inflation, labor shortages and weak global demand.
Argentina and the International Monetary Fund (IMF) have reached a staff-level agreement to revamp the country’s $44 billion loan program, unlocking about $4.7 billion in funding and paving the way for a new debt deal with the lender.
The New York Times Company has filed a lawsuit against OpenAI and Microsoft, accusing them of using millions of its articles to train artificial intelligence chatbots without permission or compensation.
Despite the challenges posed by inflation and supply chain disruptions, American consumers showed their resilience and optimism by spending a record amount online on Black Friday, the unofficial start of the holiday shopping season.
In a striking turn of events, Sam Altman has been reinstated as the CEO of OpenAI, merely a week after his unexpected dismissal from the pioneering AI company he co-founded. This development follows an intense five-day period marked by rigorous discussions and negotiations.
The low-cost carrier said it expected to make an after-tax profit of between €1.85 billion and €2.05 billion ($2.1 billion and $2.3 billion) in the fiscal year ending in March 2024, surpassing its previous record of €1.45 billion in 2018.
