At 5.4%, US CPI inflation in June reached the highest level since September 1990, with the core PCE rate (personal consumption expenditures) overshooting the US Federal Reserve’s target rate of 2% by 1.5 percentage points. Nonetheless, after steep [...]
Nearly 80% of workers are using collaboration tools for work in 2021, up from just over half of workers in 2019, according to the Gartner, Inc. Digital Worker Experience Survey*. This is an increase of 44% since the pandemic began. [...]
The recent volatility in oil prices has continued. Despite a 0.6% drop on Wednesday morning, Brent crude rose close to 9% in the first two days of this week, following news that China had reported zero domestic COVID-19 cases for the first time since [...]
The UAE has once again reaffirmed its strengths and capabilities to host significant international conferences after winning the bid to host the 28th edition of the Universal Postal Congress which will be held in Dubai in 2025.
The world needs greater unity and collaboration and must share innovations and expertise if humankind is to tackle its most pressing challenges, according to an overwhelming majority of respondents in a global study by Expo 2020 Dubai.
Overall, global fintech funding across M&A, PE, and VC deals soared to a new high in H1’21, according to KPMG’s Pulse of Fintech, a bi-annual report on fintech investment trends. Dry powder cash reserves, increasing diversification [...]
Virgin Orbit, the responsive launch and space solutions company, through its parent company Vieco USA, Inc. (Virgin Orbit) and NextGen Acquisition Corp. II (NextGen) (NASDAQ: NGCA), a special purpose acquisition company, announced Monday that they [...]
Green hydrogen (H2) has become a key agenda topic for policymakers and industrial players, driven by global decarbonization efforts and the commercial opportunities that could follow. Although ambitious targets are now being pursued through related [...]