South Korean second-largest memory chip maker SK Hynix has doubled down its AI chip production as global demand surges. The memory chip maker is seeking to diversify and reap benefit from the recently emerging artificial intelligence technology trend that has been propelling the semiconductor business forward. The move came shortly after SK Hynix announced it […]

This event was owners focused and served as a eye opening event for the business merchants in Dubai as KEL Dubai hosted an event on how the Artificial Intelligence is revolutionizing Small and Medium Sized Enterprises on 21 st September, 2024. This premiere event named “AI Transforming SME Businesses” was aimed at creating an understanding […]

In its latest bid to support small and medium-sized enterprises (SMEs) operating in the emirate, the Dubai Department of Economy and Tourism (DET) has extended its support to e-commerce giant Amazon UAE ‘DET x Amazon Accelerator’. This particular partnership was declared on September 25, 2024, and its main purpose is to increase the readiness of […]

Software firm Atlassian from Sydney is planning a massive expansion of the firm in the city with plans to create thousands of new jobs in the next five years. The announcement is part of the firm’s vision and plan to make Sydney the world’s leading and most preferred technology hub and the preferred hub for […]

Sydney’s biotech industry has received a major fillip to its first stage funding with local biotech startup Algenie receiving $1.1 million. The firm is in the process of designing a revolutionary system for algae growth with the aim of transforming material production especially with regard to clean plastics. Algenie’s business idea is thus based on […]

Today the global business environment moved a step forward as the United States Federal Reserve gave a stunning move in its monetary policy. This has led to a lot of changes in prices of shares in financial markets around the globe, the exchange rates of currencies as well as the prices of various commodities. The […]

As on the current business environment in the United Kingdom you will find that as various sectors are experiencing trends in growth, they also experience certain difficulties. Recent changes demonstrate that the UK economy is not stagnant but rather variables including stock market, companies’ plans, and other aspects of certain industries that continue to fluctuate. […]

The European Union’s Digital Markets Act (DMA) became fully effective recently and it is a major step towards regulating big tech firms in the EU. The legislation, which has been designed to protect fair competition and to restrict the abuse of market power by what is known as ‘gatekeeper’ platforms like Google, Apple, Amazon, Meta […]

RBI Governor Shaktikanta Das has shown optimism over the growth of the economy in India and said that the estimate of the GDP growth rate is 7. Even for the more distant fiscal year 2024-25 the indicated 2% of the GDP seems quite reasonable and plausible. Delivering a lecture at a financial conference in Mumbai, […]