Daily Management Review
April Saw An 18% Decline In China's Industrial Profits Due To Weak Demand

April Saw An 18% Decline In China's Industrial Profits Due To Weak Demand

Economics

According to government data released during the week end, profits at China's industrial companies plunged in the first...
Swapnil EP

Hyundai and LG to build large $4.3bn battery plant in US

Business & Finance

Two South Korean companies, LG Energy Solution and Hyundai Motor Group, will construct an electric vehicle battery...
pix4free

Janus Henderson: Western companies allocate record amounts to dividends and share buybacks in Q1

Economics

The overall amount of money firms worldwide dedicated to dividends increased 12% in the first quarter compared to the...
Biden Appears Upbeat About The Debt Ceiling, While The Treasury Issues A June 5 Default Warning

Biden Appears Upbeat About The Debt Ceiling, While The Treasury Issues A June 5 Default Warning

Economics

After the Treasury Department warned that a June 5 default loomed in the absence of action, Democratic President of the...
The IMF And Others Should Provide A $100 Billion Foreign Exchange Guarantee: Document

The IMF And Others Should Provide A $100 Billion Foreign Exchange Guarantee: Document

Economics

According to a document seen by Reuters, a high-level gathering in Paris next month will spell out a $100 billion...
India, The World's Dairy Superpower, Has Seen A 15% Increase In Milk Price

India, The World's Dairy Superpower, Has Seen A 15% Increase In Milk Price

Economics

Milk prices are rising, and they are not anticipated to decrease until November in India, the world's dairy superpower....
Amidst A Looming Debt Default Situation. Biden, And McCarthy Apparently Close To An Agreement For Two Years On US Debt Ceiling

Amidst A Looming Debt Default Situation. Biden, And McCarthy Apparently Close To An Agreement For Two Years On US Debt Ceiling

Economics

US President Joe Biden and top congressional Republican Kevin McCarthy are nearing an agreement that would lift the...
Uniper: We no longer need state aid

Uniper: We no longer need state aid

Business & Finance

Jutta Doenges, the interim CEO of German energy company Uniper, stated that the company wouldn't require any additional...
Confirmed: Commerce And Trade Heads From China And The US Will Meet In The US

Confirmed: Commerce And Trade Heads From China And The US Will Meet In The US

Economics

Wang Wentao, China's minister of commerce, will meet Katherine Tai, the U.S. trade representative, and U.S. Commerce...

Management

Art & Art Market

A Rolex Pussy Galore at Auction

A Rolex Pussy Galore at Auction
The starting line included 130 collector's watches. The race was comfortably won by several Rolexes, synonymous with reliability and elegance. At the finish, the top bid, €112,500, went to this "Pussy Galore" Rolex Master dating to approximately 1958. This watch model combines functionality...

Report on Paris+: Art Basel's Explosive Debut in the Capital

Report on Paris+: Art Basel's Explosive Debut in the Capital
In January 2022, the Paris art market landscape was suddenly upended, when the FIAC was replaced by Art Basel, under the aegis of the MCH group. An initial assessment of the eagerly awaited first edition of Paris+ in late October. With Paris+, will the City of Light manage to dethrone New York and...

Design and Symbolism: The Iconic Potential of the Banknote

Design and Symbolism: The Iconic Potential of the Banknote
Today, banknotes are objects inextricably linked to national or supranational identity. Emblazoned with landmarks, historical figures, mottos, emblems, or iconic monuments, banknotes tend to reflect a sense of communal pride, are symbolic in nature, and reflective of the evolution of identity. The...

Science & Technology

Microsoft backs idea of creating watchdog for ChatGPT

Microsoft backs idea of creating watchdog for ChatGPT
Microsoft president Brad Smith has supported calls for the US government to create a new agency to...

Spotify deletes thousands of songs written by AI

Spotify deletes thousands of songs written by AI
According to the Financial Times, Spotify has taken down tens of thousands of songs created by...

World's most powerful rocket SpaceX explodes shortly after launch

World's most powerful rocket SpaceX explodes shortly after launch
The most powerful rocket in the world was used during Starship's first test flight, which ended in...

Italian watchdog: We will unblock ChatGPT at the end of April

Italian watchdog: We will unblock ChatGPT at the end of April
According to Pasquale Stanzione, the chairman of the Personal Data Protection Authority, the...

Solar and wind energy hits record 12% share in 2022

Solar and wind energy hits record 12% share in 2022
In 2022, wind and solar energy made up a record-high 12% of the world's energy mix. The figure was...

Alibaba seeks companies to test its AI chatbot

Alibaba seeks companies to test its AI chatbot
Alibaba is searching for businesses to test its Tongyi Qianwen chatbot, which uses artificial...

Reuters: China is developing $500 million network of Internet cables to oppose the U.S.

Reuters: China is developing $500 million network of Internet cables to oppose the U.S.
Three Chinese operators are creating a $500 million undersea network of Internet connections,...

Elon Musk And Others Call For A Freeze On AI Because Of "Risks To Society"

Elon Musk And Others Call For A Freeze On AI Because Of "Risks To Society"
In an open letter highlighting potential hazards to society and mankind, Elon Musk and a group of...

FBI: Cybercriminals robbed users of $10 billion in 2022

FBI: Cybercriminals robbed users of $10 billion in 2022
The U.S. Federal Bureau of Investigation (FBI) has released its annual the Internet Crime Report....

Nikkei: Amazon leads in number of patents for unmanned vehicles

Nikkei: Amazon leads in number of patents for unmanned vehicles
The "big five" American technology companies—Alphabet, Amazon, Apple, Microsoft, and Meta—have...
World Politics

World & Politics

G7 countries to speed up transition to clean energy

G7 countries to speed up transition to clean energy
In order to address the current energy crisis, the G7 leaders decided to quicken the switch to renewable energy while bolstering economic stability,...

French Parliament backs a bill to restart local nuclear power industry

French Parliament backs a bill to restart local nuclear power industry
The French National Assembly voted in favor of a plan that will restart the nation's nuclear power industry and enable it to build new reactors more...

G7 Leaders Will Target Russian Energy And Trade In Fresh Sanctions Measures: Reuters

G7 Leaders Will Target Russian Energy And Trade In Fresh Sanctions Measures: Reuters
Leaders of the Group of Seven (G7) nations want to increase sanctions on Russia at their summit in Japan this week, including actions aimed at energy...

PwC being investigated for involvement in leaked Australian government plans

PwC being investigated for involvement in leaked Australian government plans
PricewaterhouseCoopers (PwC), a global consulting and auditing firm, is at the center of a significant scandal in Australia. The local PwC office...

Summit Statement Following G7 Meeting Will Target 'Economic Coercion' Of China: Reuters

Summit Statement Following G7 Meeting Will Target 'Economic Coercion' Of China: Reuters
Leaders of the Group of Seven (G7) countries are poised to highlight concerns about China's use of "economic coercion" in its dealings with other...

In The Midst Of An Obesity Review, WHO Declares Wegovy And Other Weight Control Medications Are "No Silver Bullets"

In The Midst Of An Obesity Review, WHO Declares Wegovy And Other Weight Control Medications Are "No Silver Bullets"
According to the World Health Organization's nutrition chief, highly effective weight loosing medications like Novo Nordisk's Wegovy are not a...

Number of hungry people in the world rises by third in one year

Number of hungry people in the world rises by third in one year
The number of people at danger of hunger increased by a third in a single year and reached 258 million. According to a research by the Global Network...

Swiss Parliament upholds ban on Huawei technology use in critical infrastructure

Swiss Parliament upholds ban on Huawei technology use in critical infrastructure
A restriction on the use of technology directly or indirectly owned by foreign firms, notably the Chinese Huawei, was approved by the Swiss National...