Big Business

In a recent presentation of EDF’s financial results, the company’s CEO, Luc Rémont, outlined an ambitious plan to significantly reduce the construction time for nuclear reactors to 70 months, nearly half the current timeframe. EDF has made some financial progress, reducing its $58.5 billion debt by $216.6 million since the...

"Scams are a significant issue in the industry," Pere Monguió Montells, Co-CEO of FXStreet, shared at the iFX EXPO International. He noted that these scams not only "steal business from companies but also harm traders." In response to this growing problem, FXStreet has initiated a campaign to combat scams, aiming...

The transformation created a digital era in the banking sector which made mobile-baking applications breakthrough as an important global tool for Customer Experience. These apps provide users with convenience, security and so many other personal finance management features that allow you to manage your money on the go. Creating a...

Smart technology provider BRAVAS has unveiled significant findings from a recent industry-wide survey, shedding light on the challenges faced by architects and luxury home builders in integrating smart technology and automation solutions in custom properties. Conducted online in early June, the survey reached over 3,000 architects and luxury home builders...

Artificial intelligence (AI) is set to significantly enhance economic growth in the US and other advanced economies more than in China and emerging markets, according to a study by Capital Economics. This development is expected to heighten global competition between Washington and Beijing. The study ranks countries based on their...

As of January 2024, internet connectivity in Latin America and the Caribbean has seen remarkable growth, with over 90% of residents in the Bahamas, Costa Rica, Antigua & Barbuda, and Chile being online, placing these countries at the forefront of internet access in the region. Similarly, more than 85% of...

Battery-electric car registrations in the European Union fell by 1% last month, totaling 156,408 units, according to the European Automobile Manufacturers' Association (ACEA). This decline resulted in a market share drop from 15.1% to 14.4% compared to the same period last year. Despite the overall decline, several countries reported significant...

Vodafone Business, in collaboration with RingCentral, Inc., has launched a cloud-based unified communications-as-a-service (UCaaS) platform. This comprehensive solution integrates voice calls, video conferencing, and instant messaging across 20 countries, with plans to expand to over 30 markets by early 2025. Additionally, Vodafone Business is enhancing its Unified Communications (UC) offerings...

Generative AI's implementation, opportunities, and challenges in the financial services industry are increasingly significant topics. As technology advances and interest grows, staying ahead in AI adoption is crucial. IBM, a leader in technology and consulting, shared insights on generative AI with FinTech Magazine, covering strategic priorities, regulatory compliance, and talent...

In a region where policy shifts, governance changes, and technological advancements continuously reshape the economic landscape, the Middle East is embracing an era of constant transformation. PwC's recent Middle East Workforce Hopes and Fears Survey highlights a workforce that is not only engaged and forward-thinking but also deeply optimistic about...