Economy Industry News
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The Unit Economics Of AI: Why Datanomics Will Outweigh Tokenomics
Vinod Bijlani is an AI practice leader at Hewlett Packard Enterprise. Over the past two years leading enterprise AI programs across Asia Pacific, one pattern has become impossible for me to ignore: The organizations I see spending the most…
Home Prices Are Facing Their Own K-Economy
ALTADENA, CALIFORNIA - AUGUST 18: Emma and Manuel Alvarado hold shovels during a groundbreaking ceremony for their new home rebuild, on the lot where their 52-year family home burned in the Eaton Fire, on August 18, 2026, in Altadena, California.
Iran's economy in crisis as US launches new sanctions campaign
For many Iranians, the new US sanctions campaign, called Operation Economic Outcast, seems superfluous given the grim economic situation in their country. Iranians are facing runaway food inflation, closed petrol stations and a seemingly…
The US Economy Depends on Thriving Cluster Cities
Even more so than usual, Hollywood's future is uncertain. For decades the Los Angeles economy revolved around the film industry, but now more movies and shows are filmed elsewhere, driven or lured away by high expenses or tax incentives. The…
AI could cause global economic downturn, Andrew Bailey warns G20
The governor of the Bank of England has warned G20 finance ministers that artificial intelligence could cause a global economic downturn and pose a significant cyber security risk to financial systems. Andrew Bailey said any collapse of growth in…
Bank of England Governor Warns AI Represents Threat to the Global Economy
The governor of the central bank of the United Kingdom is worried that AI's potentially catastrophic economic impact can spread across borders. “For the financial system, the most immediate concern is the potential impact of frontier AI on…
As 'Super' El Niño Gains Momentum, Asian Economies Face Double Squeeze
Palms are hit by strong wind and rain from Tropical Storm Hilary in the deserts of Southern California on August 20, 2023 in Palm Desert, California. More than 40 million people are under the first-ever Tropical Storm Warning issued for the area. A…
More public control is only way to grow UK economy, Burnham to tell MPs
Andy Burnham will drive home his pledge to bring more essential services back into public control, telling MPs in the Commons on Tuesday that it will be the only way to improve growth across the country. Burnham will address the house for the first…
Building the security layer for the digital economy | Market Pulse | HKTDC
Digital insurance specialist OneDegree describes its services as the security layer of the future. The group has already established strong footholds in East Asia and the Middle East – regions where fintech tools and markets are gaining…
Kemi Badenoch replaces top Tory economic team in shadow Cabinet reshuffle
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Kemi Badenoch has replaced another member of…
Beer and pub industry supports thousands of Scottish jobs and £2.5bn economy boost
The report highlights the importance of pubs, breweries and beer-related businesses across Scotland, from major cities to rural and island communities. It also found that the sector plays a particularly significant role in providing employment…
India's Economy Outperforms Expectations With 7.8% Growth
India's economy surged by an impressive 7.8 per cent in the April-June quarter of FY27, solidifying its position as the world's fastest-growing major economy despite prevailing global economic uncertainties and geopolitical challenges. India's…
What the great American hamburger tells you about the economy
Few dishes have become so synonymous with the United States' way of life as the classic American hamburger. As well as being President Donald Trump's dish of choice, the magazine Food & Wine recently put the burger —more specifically…
India's economic growth driven by policy distortions rather than pure market forces
India's current economic outcomes are being shaped not purely by free-market forces but by a series of distortions. As per a report by Bernstein, company earnings, domestic consumption, and asset valuations are increasingly influenced by regulatory…
Kemi Badenoch replaces top Tory economic team in shadow Cabinet reshuffle
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Kemi Badenoch has replaced another member of her top…
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