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HK sports sector adds $46b to economy in 2024
The value added of Hong Kong's sports and related activities at basic prices stood at HK$46 billion in 2024, accounting for 1.5 percent of the city's total value added at basic prices, according to the Census and Statistics Department. SCROLL TO…
Three Human Capabilities Emerging Economies Need To Leverage AI
Emerging economies can harness AI to overcome development barriers by leading with agility, navigating change, and optimizing scarce resources. For much of the artificial intelligence era, the global conversation has centered on technological…
Make AI adoption Britain's national economic priority, says CBI
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. The rollout of artificial intelligence (AI) must be made…
China's economy showing signs that slowdown may be extending
China's economy is showing signs of extending a slowdown with a slump in industrial output and retail sales in July, adding to pressure on Beijing to intervene with measures to support activity. After the world's second largest economy posted one…
UK job vacancies slip to five-year low in latest worrying sign for economy
Vacancies in the UK jobs market have fallen to the lowest level since 2014, other than during Covid, with 6,000 fewer openings between May and July compared to the three months to April. While the overall unemployment picture remains steady at 4.9…
Inside Cannabis's Event Economy: From Trade Floors to After-Parties
BURIRAM, THAILAND - JUNE 10: A man dressed in a marijuana suit stands with mature marijuana plants at a marijuana legalization expo on June 10, 2022 in Buriram, Thailand. Today the Thai government gave out 1,000 cannabis plants to people in…
Make AI adoption Britain's national economic priority, says CBI
The rollout of artificial intelligence (AI) must be made a national economic priority and firms need to move past “pilot mode” to avoid being left behind in the race to adopt the new technology, according to an influential business…
Russia says its economy is strong. It just fired a top economist who warned otherwise
Russia insists its economy remains resilient, but a top economist was reportedly fired after warning that the Ukraine war could trigger a social crisis. Andrei Klepach said Russia could not win a prolonged war of attrition and its economic lag…
Russian state economist fired after stark warning about Moscow's economic future
A prominent Russian state economist was fired after publicly warning that Moscow is losing an economic 'war of attrition' with the West and could eventually face a social crisis, as the European Union prepares a major expansion of sanctions…
The Economy Has Spoken: Stuff That's AI-Generated Has Almost Zero Value
Can't-miss innovations from the bleeding edge of science and tech Online marketplaces are being flooded with AI slop — but is anybody willing to actually pay for it? In the case of CGTrader, a long-established online marketplace for 3D…
Russia fires top economist after he compares Putin's economy to 1917 revolution
The chief economist of a Russian state development bank has been fired after reportedly drawing comparisons between Russia's present day economy with the 1917 revolution. Andrei Klepach, one of Russia's most prominent macroeconomists who worked for…
Leading economies' borrowing costs hit highest since 2008 crisis
Government borrowing costs in several advanced economies hit their highest level since the 2008 financial crisis, or even earlier, on Monday as investors feared the Middle East crisis would keep inflation persistently high. Concerns over rising…
The manosphere isn't just an ideology-it's an economy
The manosphere has infiltrated every aspect of our society—social media and content creators, dating, politics, businesses. On that last point, my colleague Sasha Rogelberg has a new story in Fortune reminding us that surrounding the…
One Nation's reform is economic vandalism disguised as compassion
You have reached your maximum number of saved items. Remove items from your saved list to add more. One Nation's Barnaby Joyce and Pauline Hanson have apparently discovered a brilliant economic principle: if Australians cannot afford to live today…
Young Koreans lose trust in Lee government's economic policies
A 33-year-old office worker in northeastern Seoul's Dongdaemun District surnamed Park has been using an individual savings account (ISA) for long-term investments, mainly in overseas stocks. But uncertainty over recent changes to the account has…
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