As Direct Lending Loans Come Due, Private Credit Managers Strategize Solutions
May 21, 2024 22:36 pm UTC| Business
According to Bank of America Global Research, a third of the direct lending market will come to maturity in the next year. Thats about $1trn worth of corporate debt coming due, much of which dates back to the Covid era...
UAE, US Strengthen AI Partnership; Alibaba, Baidu Slash Chatbot Model Costs
May 21, 2024 20:09 pm UTC| Technology Business
The UAE and the US are set to deepen their AI investments, while Alibaba and Baidu announce substantial reductions in chatbot model costs. US and UAE to Boost AI Investments Emirates state minister for AI Omar Sultan...
Tesla's ‘Cybercab’ Robotaxi Interior Leaked in New Promotional Video
May 21, 2024 10:18 am UTC| Technology Business
Tesla may have unintentionally leaked the interior of its highly anticipated Cybercab Robotaxi in a recent promotional video, sparking excitement and speculation. Teslas Robotaxi Vision Unveiled Over the past few...
Small businesses can help South Africa fight unemployment if they get proper support – study
May 21, 2024 06:00 am UTC| Insights & Views Business Economy
South Africa has an alarming unemployment rate of approximately 32.1%. Solutions have been elusive. The unemployment rate has been consistently high for decades. Our research has revolved around entrepreneurship. We...
Skepta Says Puma Is 'Much Better Deal' Than Nike, Reveals New Sneaker Collaboration
May 21, 2024 03:49 am UTC| Business
Skepta officially revealed his new sneaker collaboration with Puma, calling the deal much better than his previous partnership with Nike. He now earns royalties on each shoe sold. Skepta Celebrates Puma Collaboration on...
Brands Like Burger King and Coke Use Scholarships to Capture Gen Z's Attention
May 21, 2024 03:43 am UTC| Business
One might not have given it much thought, but the next time a consumer purchases an Impossible Whopper meal, they could be assisting a local student with their college tuition. Burger King, like many other brandsincluding...
The budget has earmarked $8.6 million for live music. Is it enough to save the flailing industry?
May 20, 2024 09:10 am UTC| Business
Leading music organisations have praised the federal budget for its investment in the live music sector. The budget includes A$8.6 million for a program called Revive Live: to provide essential support to live...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects