Business News

Stocks of Chinese Companies Lose $540 Billion Over Economic Uncertainty and Geopolitical Tension

On Wednesday, the yuan sank below 7 to the US dollar in offshore trading, breached that key level for the first time this year.

May 20, 2023

By IANS

Biggest Meme Coin Communities Behind Success Of Floki Inu, Big Eyes Coin, And Shiba Inu

Big Eyes Coin, a presale cryptocurrency that has gained significant traction, is making waves by addressing crucial environmental issues

May 19, 2023

By IBT Desk

Disney World Closes Its Newly Launched 'Star Wars Hotel' Amid Cost Cuts and Layoffs

The Star Wars hotel, which offers 'galactic starcruise' and a sci-fi inspired star wars experience, was opened at Disney World in Orlando in March 2022.

May 19, 2023

By Jacob J

Background Checks and Adequate Income Sources: Ensuring Fair Rental Housing in Hawaii

Duke Kimhan says Hawaii has some of the nation's highest rents per capita, contrasting with some of the nation's lowest income levels for occupations like city workers and teachers

May 17, 2023

By IBT Desk

Singapore scrutinises UBS, DBS, Falcon over 1MDB transactions - sources

UBS Says Deal to Take Over Crisis-Hit Credit Suisse Leaves it With a Financial Hit of $17 Billion

The financial loss includes $13 billion from fair value adjustments of assets and liabilities and $4 billion spent on litigation and regulatory costs.

May 17, 2023

By Jacob J

Developing an Effective HR Strategic Plan for Your Organization

When company-wide initiatives/practices are introduced, clear and consistent communication is vital for the business to embrace any major changes

May 17, 2023

By IBT Desk

What is Worldcoin? After Artificial Intelligence, OpenAI CEO Sam Altman Plans to Revolutionize Crypto Industry

OpenAI CEO Sam Altman is planning to launch a new iris-scanning cryptocurrency Worldcoin, secures $100 million for the project.

May 17, 2023

By Anshul Panda

Artificial intelligence

Transforming Travel: The Power of Personalization, Connectivity, and Technology

Semil Vithani said Looking at the fascinating journey of travel tech and the rise of NFTs, the two industries show massive potential to work well with each other

May 16, 2023

By IBT Desk

Binance Leaves Canada Market as Country Sets New Stablecoin and Investor Limits

The cryptocurrency platform also stated that while it does not agree with the new regulations, it hopes to continue working with Canadian regulators to develop a regulatory framework for cryptocurrencies.

May 15, 2023

By IBTimes APAC Desk

Biden Warns of Catastrophe as First Ever US Debt Default Looms; SIX Points

The US government has never defaulted in its interest in payment commitments.

May 15, 2023

By Jacob J

Who is Austin Russell? 28-Year-Old Tech Billionaire Acquires 82% Stake in Publishing Giant Forbes

Forbes plans to appoint a new board consisting of American media, technology and artificial intelligence experts. Integrated Whale will keep one board seat.

May 13, 2023

By IBTimes APAC Desk

Pakistani Rupee Plunges to Record Low of 299 Against US Dollar Amid Political Crisis

Financial pundits believe that the rupee has been depreciating due to political and social unrest caused after the arrest of PTI Chairman Imran Khan.

May 12, 2023

By IANS

What is Gemini? Will Google's New, Powerful Large Language Model Outperform ChatGPT and BingAI?

Google announces its new AI Model Gemini

May 12, 2023

By Anshul Panda

PacWest Remains Wobbly, Regional Banks Under Pressure as Repeat of 2008 Crisis Feared

Analysts point out that 25 banks failed in 2008, triggering the great banking crisis that eventually led to the crash of 400 banks and causing the global financial crisis.

May 12, 2023

By Jacob J

Wendy's May Soon Deploy AI Chatbots for Drivethrough Orders

American fast food giant Wendy's to deploy chatbots on their drive-thru kiosks.

May 10, 2023

By Anshul Panda

Artificial intelligence

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