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Who needs PwC when consultancy work could be done more efficiently in-house?

Jun 15, 2023 03:45 am UTC| Business

The Senate inquiry into the PwC scandal has prompted the New South Wales Legislative Council to launch an inquiry into the NSW governments use of management consulting services. While the PwC case highlights...

Toyota Reveals Game-Changing Solid-State Battery EV for 2027: Doubling Range, Halving Charging Time

Jun 14, 2023 09:30 am UTC| Nature Economy Business

Toyota announces a breakthrough solid-state electric vehicle for 2027, promising to double the current driving range to 1200km and cut charging time to 10 minutes, revolutionizing the EV market. Boasting a range double...

KG Mobility and Hyundai Shift Focus to Model Updates Amidst EV Transition

Jun 14, 2023 08:56 am UTC| Life Economy Business

In the face of the electric vehicle (EV) trend, South Korean automakers KG Mobility and Hyundai Motor Group are revitalizing existing models rather than launching new ones. Theyre innovating through facelifts and...

Puma Scores Historic Sponsorship with Liga Portugal, Expanding Global Football Dominance

Jun 14, 2023 08:28 am UTC| Sports Economy Business

In an unprecedented move, Puma will become the official match ball supplier and technical sponsor for Liga Portugal from the 202324 season onwards. Replacing Danish company Select Sport, Pumas ascension cements its...

LG Uplus, Hyundai Elevator Unveil MIRI View, AI-Powered Elevator Safety System

Jun 14, 2023 08:28 am UTC| Technology Economy Business

LG Uplus Corp has collaborated with Hyundai Elevator Co. to launch MIRI View, a state-of-the-art AI safety system for elevator passengers. By leveraging AI-powered CCTV technology, the system swiftly detects emergencies,...

ChatGPT Crowns Subway's Footlong Sandwich Supreme Over Big Mac, Whopper in AI-Driven Fast Food Clash

Jun 14, 2023 06:25 am UTC| Technology Economy Business

In the AI-infused ad battle amongst fast food giants, Subway enters the ring with its footlong sandwich, emerging victorious as per AI model, ChatGPTs verdict. The footlong outshines Burger Kings Whopper and McDonalds Big...

Puma Unveils 'Black Station 2': Revamping Online Shopping With Immersive Digital Experience

Jun 14, 2023 06:24 am UTC| Technology Economy Business

Puma debuts its second digital flagship, Black Station 2, Tuesday, offering consumers an interactive shopping journey with exclusive merchandise in mystical virtual realms. Stepping up from their initial web3 project,...

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Economy

U.S. Stock Futures Slip as Fed Minutes Stir Rate Uncertainty; Walmart Earnings in Focus

U.S. stock index futures edged lower Wednesday night as investors weighed mixed signals from the Federal Reserves January meeting minutes, adding fresh uncertainty to the outlook for interest rates and monetary policy in...

Fed Minutes Signal Steady Interest Rates but Hint at Potential Rate Hikes if Inflation Persists

The Federal Reserves January Federal Open Market Committee (FOMC) minutes reveal that nearly all policymakers supported keeping interest rates unchanged, while leaving the door open for possible rate hikes if inflation...

Trump Says U.S. Trade Deficit Shrinking Sharply as 2026 Trade Surplus Looms

U.S. President Donald Trump said Wednesday that Americas trade deficit has narrowed significantly due to his 2025 trade tariffs, adding that the country could post its first trade surplus in decades as early as this year....

Gold Prices Hold Near $5,000 as Fed Outlook and Geopolitical Risks Shape Market Sentiment

Gold prices steadied during Asian trading on Thursday after surging more than 2% in the previous session, as thin liquidity from Lunar New Year holidays limited further upside. Investors continued to weigh persistent...

Xi Jinping Highlights People-to-People Ties as U.S.-China Relations Show Signs of Stabilization

Chinese President Xi Jinping reaffirmed the enduring importance of people-to-people exchanges between China and the United States, emphasizing that cooperation between the two nations will continue regardless of...

Politics

Lavrov Warns of Serious Consequences if U.S. Launches New Strike on Iran

Russian Foreign Minister Sergei Lavrov has warned that any new U.S. strike on Iran would trigger serious consequences and further destabilize the Middle East. In an interview aired by Saudi Arabias Al-Arabiya television...

U.S. Military Delegation Visits Venezuela After Maduro’s Arrest in Rare Diplomatic Shift

A senior U.S. military delegation led by General Francis Donovan, the top commander overseeing U.S. forces in Latin America, made a surprise visit to Venezuela on Wednesday, marking a significant development in...

South Korean Court to Deliver Landmark Verdict in Yoon Suk Yeol Insurrection Case

A South Korean court is set to deliver a pivotal ruling on whether former President Yoon Suk Yeol masterminded an insurrection during his controversial attempt to impose martial law in December 2024. The decision by the...

Putin Condemns New U.S. Sanctions on Cuba, Pledges Russian Support

Russian President Vladimir Putin met Cuban Foreign Minister Bruno Rodriguez at the Kremlin on Wednesday, strongly criticizing newly imposed U.S. restrictions on Cuba and reaffirming Moscows support for the island nation....

Kim Jong Un Highlights Advanced Rocket Launchers and New Defense Goals Ahead of Workers’ Party Congress

North Korean leader Kim Jong Un has announced that new military and construction objectives will be unveiled during the upcoming Ninth Congress of the ruling Workers Party, according to state media outlet KCNA. The...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Mark Zuckerberg Testifies in Youth Social Media Addiction Trial Over Instagram Policies

Meta Platforms CEO Mark Zuckerberg testified in a landmark Los Angeles trial addressing allegations that Instagram and YouTube contributed to youth social media addiction and harmed a young users mental health. The...

European IT Hardware Stocks to Watch as Gaming Demand Outpaces Smartphones, Says BofA

BofA Researchs February report highlights a clear split in European IT hardware demand trends, with gaming spending significantly outperforming other consumer technology categories while smartphone sales remain under...

Microsoft Plans $50 Billion AI Investment to Accelerate Growth in the Global South

Microsoft has announced plans to invest up to $50 billion by the end of the decade to expand artificial intelligence (AI) infrastructure and digital capabilities across countries in the Global South. The announcement was...

Qualcomm to Invest $150 Million in India AI Startups, Strengthening Presence in Growing Market

Qualcomm (NASDAQ: QCOM) announced on Wednesday that it plans to invest up to $150 million in a new fund dedicated to supporting artificial intelligence startups in India. The move highlights the chipmakers long-term...

Yotta to Build $2 Billion AI Data Centre Hub in India with Nvidia Blackwell Ultra Chips

Indian data centre operator Yotta Data Services has announced plans to invest more than $2 billion to develop one of Asias largest AI computing hubs, powered by Nvidias latest Blackwell Ultra chips. The large-scale AI...