Tech and Innovation

Recently, the European Commission sanctioned two initiatives aimed at enhancing the production of green hydrogen. These initiatives include a $1.3 billion program for Spain and an approximate $1.1 billion program for the Netherlands. The Dutch initiative, sanctioned under EU State aid regulations, is set to back the establishment of at...

Google has expanded its AI-based fire alert tool to 15 new countries across Europe and Africa. This advanced tool provides detailed fire boundary monitoring via Google Search, Maps, and push notifications. The newly included countries are Andorra, Bosnia & Herzegovina, France, Greece, Spain, Italy, Kenya, Croatia, Cyprus, Montenegro, Monaco, Portugal,...

Vanguard's new CEO, Salim Ramji, announced on Monday that the asset management giant may utilize artificial intelligence to enhance its customer service experience. Ramji emphasized that improving customer service is a top priority for him, addressing criticisms about the difficulty of reaching Vanguard representatives by phone, a common complaint on...

PwC India has announced a partnership with Microsoft India to bolster their incident response and recovery capabilities amidst growing cyber threats. This collaboration combines PwC India’s incident management expertise with Microsoft’s cutting-edge technology to provide robust protection for enterprises. The partnership will utilize Microsoft Copilot for Security, an AI-powered security...

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...