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Economy
Fed minutes today amid the likelihood of further interest rate hikes
U.S. "retail sales" dispel hopes of ending monetary tightening
Technology
Crypto as legal tender making strides
Latin America and the Caribbean lead in terms of digital money adoption
Technology
Joining forces for innovation: Apple, Unity shape the future of tech
Impressive 80 percent YoY revenue growth, reaching $533 mn in Q2 2023
Logistics
Global rice markets coming to the fore again… a climate repercussion
Fitch: Increasing pressure on already high global rice prices
Technology
GenAI: Welcome to the era of misinformation and smarter scams
90% of internet content to be AI-generated in a few years
Banking & Finance
Moody’s downgrades 10 US banks’ ratings
Reviews underway could lead to more
Technology
Meta’s Threads: Time spent on app plummeting
Daily logins hit a dead end just a month after release
Banking & Finance
WeWork in cost cutting mode to avoid bankruptcy
Company’s share price closed at $0.18, down 98 percent in under 2 years
Technology
AI tech search query surges 500% in last 12 months
Propelled by success of ChatGPT and Bard
Economy
Debate reignited: Will Fitch downgrade impact the U.S. dollar’s global dominance?
Fitch downgraded the U.S. by one level from AAA to AA+
Technology
Mobile dominance could drive global gaming market towards $212 bn by 2026
Revenue surge predicted to reach $7.2 bn in the Middle East
Energy
Oil prices ease back from recent highs on increased U.S. inventory, economic concerns
Brent Crude slipped slightly from recent highs, settles at $87.59 per barrel
Banking & Finance
U.S. banks: The issue is far from resolved
Losses stemming from the most significant non-performing loans in three years
Health
Will emerging COVID strain, Eris, reignite pandemic?
Numbers show that Eris accounts for 14.6 percent of COVID cases
Energy
World proven crude oil reserves soar by 17 bn barrels, reaching 1.564 bn
Saudi renews support for OPEC+ precautionary measures
Banking & Finance
Moody’s, Italy shake up banks… and fear of new disruptions
The agency lowered the rating of 11 American banks and placed major banks under review
Economy
Central banks boost gold reserves amid economic uncertainties
387 tons of gold bought in H1 2023
Economy
BRICS summit 2023: Dates, location, discussions and attendees
No immediate plans for BRICS common currency?
Banking & Finance
Gamer Pakistan IPO coincides with Esports rage and UAE interest
Market boost can bring more attention to burgeoning industry,
Economy
Expected U.S. and Chinese inflation data weigh on market performance
Will U.S. inflation figures regain their upward pace?
Health
New hope against malaria as breakthrough bacteria discovered
Naturally occurring bacteria can greatly reduce malaria parasite in mosquitoes
Economy
Bank of England raises interest rates by 25 basis points
This marks the highest level since early 2008
Energy
OPEC+ meeting on Friday, no changes in production
USA on the verge of experiencing its largest decline in oil inventories
Economy
Fitch downgrades the U.S. credit rating to AA+
White House strongly disagrees with this decision
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