Technology
Samsung’s semiconductor division faces the biggest drop in profits since 2009
The operating profit of Samsung’s semiconductor division is projected to drop 90% to $1.1 billion. Samsung...
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China’s March Towards Automobile Dominance
Will Japan lose its leadership in automobile manufacturing? The global transition towards EVs is in full...
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Ford’s Electric Vehicle Unit Forecasts $3 Billion Loss in 2023
Ford expects to have 2023 along the same lines, with adjusted earnings of $7 billion for...
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Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated
Amazon Inc announced a second round of layoffs on Monday, which would result in the termination...
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Baidu Shares See a Rise After ChatGPT rival bot’s Unveiling
Baidu Inc. saw a staggering 14% surge in its share value on Friday, following the endorsement...
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Microsoft-Backed OpenAI Releases Successor of ChatGPT: the Gpt-4
Microsoft-backed OpenAI, which sent shockwaves around the world with its previous chatbot ChatGPT, has said that...
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ByteDance Valued at $220 Billion After Private Investment by UAE’s G42
G42 acquired its stake in ByteDance through its 42XFund, which purchased a $100 million-plus stake from...
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Bob Iger seeks Disney transformation, set to cut 7,000 jobs in a major restructuring
The decision by Bob Iger comes in with an effort to make the company’s streaming business...
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China’s 2022 Smartphone Sales Plunge to the Lowest Level in a Decade
A girl using a smartphone China's smartphone sales have hit a record drop in 2022,...
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Break-Through In The Aviation Industry As ZeroAviva Flies The World’s Largest Hydrogen Aircraft
ZeroAviva is currently working on a 2.5-MW powertrain that is designed for aircraft with 40-80 seats...
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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
