Seven Arab countries are currently grappling with persistent power outages, causing significant strain on both their populations and economies. While the underlying causes of these electricity shortages differ from nation to nation, the consequences are universally severe, particularly during the sweltering summer months when access to air conditioning is often...

In May, Google rolled out its AI Overviews in Search across the United States, but the results have been less than stellar. The feature, which was intended to enhance search functionality, gained attention for its bizarre suggestions, such as advising users to eat rocks or put glue on pizza. Google...

In an unprecedented move, Starbucks has secured Brian Niccol, the former CEO of Chipotle Mexican Grill, as its new chief executive, with a compensation package that could reach an astonishing $113 million. This figure is significantly larger than that of his predecessor, Laxman Narasimhan, who was replaced after just 17...

The Pan American Health Organization (PAHO) and the Inter-American Development Bank (IDB) have introduced a new resource designed to help countries enhance their ability to incorporate artificial intelligence (AI) into public health systems. The "Artificial Intelligence in Public Health: Readiness Assessment Toolkit" is intended to guide countries in making informed...

British retailers experienced a lift in sales last month, spurred by the excitement of Euro 2024 and summer discount events, signaling further momentum in the economy. According to the Office for National Statistics (ONS), retail sales in July saw a 0.5% increase, bouncing back from a 0.9% decline in June....

As inflation eases and consumers remain focused on finding bargains, Walmart is reaping the rewards. Walmart’s shares jumped 7% on Thursday following the release of strong second-quarter earnings. The company’s performance was bolstered by an influx of higher-income shoppers, as well as growth in its advertising and e-commerce divisions. In...

Colin Huang, the man behind the Temu shopping platform, is currently the wealthiest individual in China. Temu, which allows Western consumers to purchase inexpensive goods directly from Chinese sellers, has skyrocketed Huang’s personal fortune to around $50 billion, earning him the title of the richest person in China. While Huang...

The latest report on wage disparities among Kenyan-listed companies reveals that the remuneration of Chief Executives has surged to nearly 26.5 times that of the average employee. This figure underscores a widening income gap, which expanded by 23.4% in 2023, shedding light on the persistent inequality within Kenya's private sector....

The global IT consulting services market will reach $1.179 trillion by 2031, market researcher Proficient Market Insights predicts.  One of the drivers of this growth in the industry is Sreekanth Muktevi, a renowned IT consultant and vice president at YASH Technologies, an IT services and consulting firm, with its headquarters...