Economy Industry News
A collection of Economy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Inside South Africa's two-speed economy: Which sectors are winning?
Despite headwinds, South Africa's economy continued to record modest growth in June. South Africa's economy is increasingly becoming a tale of two speeds, with mining, retail, tourism and vehicle sales continuing to grow while electricity…
How heatwaves are burning a hole in London's economy
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. As temperatures cool to more normal summer days and…
Japan is not pushing for low interest rates, economic policy minister says
Media reports that say Prime Minister Sanae Takaichi's administration is attempting to keep interest rates low and weaken fiscal improvement efforts aren't accurate at all, according to economic policy minister Minoru Kiuchi. “There's…
Companies Are Entering A Two-Tiered AI Economy
Luis Antonio Diaz is CEO of OfferioAI and a visiting lecturer at McGill University. For a brief moment, it felt like artificial intelligence had become universally accessible. Teams across industries were experimenting with tools from companies…
AI 'central plank' in Hong Kong's economic development, John Lee says
Hong Kong's high-quality economic development will be guided by its first five-year blueprint and the coming policy address, with artificial intelligence (AI) as the “central plank”, the city's leader has said. Speaking at the South…
Burnham economics adviser calls for tax system overhaul
One of Andy Burnham's key economic advisors has urged him to overhaul Britain's tax system if he comes into office. Lord O'Neill, a former Treasury minister and economist, was one of several figures to sign a letter advising the prime minister in…
Economies Thrive With Older, Smaller Population, New Study Finds
Declining birth rates around the world have gotten many people worried about the economic impact, with predictions of slower growth and less innovation. But a new paper finds that the opposite may be true. Aging and shrinking populations have…
Minister commissions study into economic potential of using the Irish language
Stormont's economy minister Caoimhe Archibald has commissioned research into the growth potential of the Irish language, “to inform future decisions on public expenditure”. The two pieces of independent work, called for by the Sinn…
UK has worst mobile phone service of any major economy, says report
Britain has the worst phone signal of any major economy, analysis has revealed. Industry data shows we rank bottom of among G7 countries - which also includes Canada, France, Germany, Italy, Japan, and the US - when it comes to mobile network…
Save Social Security With the Gig Economy
Kathryn Anne Edwards, Columnist The Social Security trust fund will run out of money by late 2032, according to the annual report the program issued last month. The specific date is new — last year's report projected insolvency by early 2033…
The Restaurant Economy Doesn't Look K-Shaped
This article is for subscribers only. Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in…
How Gaza's economic mafia is a threat to Israel
While the world's attention has focused on the war in Gaza and the humanitarian catastrophe facing its population, another, less visible but equally dangerous system has been operating behind the scenes – one that deserves serious scrutiny…
The Nostalgia Economy
The modern world is built on innovation. Artificial intelligence creates content in seconds, streaming has replaced physical media, and smartphones have turned countless devices into one. Yet, despite this relentless progress, consumers are…
Jim Bianco On The 'AI Economy,' Inflation And What's Next
The conversation explores the powerful forces driving today's AI investment boom, from the surge in technology spending and data center demand to the broader impacts on productivity, inflation, interest rates, and financial markets. The president…
70% of Koreans back pursuing EU-style economic community with Japan: survey
Nearly 70 percent of Koreans support pursuing an EU-style economic community with Japan, while 60 percent of Japanese respondents agreed, according to a survey released Monday by the Korea Chamber of Commerce and Industry (KCCI). KCCI, which has…
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