Economics

U.S trade deficit widens to $84 Billion in September amid rising imports

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis have reported an increase in the goods and services deficit for September 2024, reaching $84.4 billion.

BusinessEurope urges EU action amid slow economic growth projections

Ahead of the Macroeconomic Dialogue with social partners and EU institutions, BusinessEurope has released its latest Economic Outlook.

IMF reaches agreement on second review of credit facility for The Gambia

An International Monetary Fund (IMF) team, led by Ms.

IMF expands board with third African chair after regular election

IMF member countries have elected an expanded Executive Board, now comprising 25 Executive Directors.

IMF concludes Article IV consultation with Mexico amid economic slowdown

On October 30, the Executive Board of the International Monetary Fund (IMF) completed its Article IV consultation and mid-term review under the Flexible Credit Line (FCL) Arrangement with Mexico.

Real Estate

A recent report on tokenization from the Boston Consulting Group (BCG) said the process "enables borderless accessibility" to physical assets for investors all over the globe.

Berkshire Hathaway, Pilot Corporation settle lawsuit

Berkshire Hathaway disclosed this week that it had reached a settlement in a lawsuit with Pilot Corporation, thereby cancelling the trial that was scheduled to commence on Monday in Delaware.

American Strategic Investment Company announces changes in the board of directors

Abby Wenzel has stepped down from her position on the board of directors at the American Strategic Investment Company (ASIC), a role she held for nine years.

Technology

Dentsu CEO: We're no longer only an advertising company

The leader of Japan's largest marketing agency says the company will grow by consulting clients on business transformation and technology, not just traditional advertisting and public relations.

Binance announces speaker lineup for Blockchain Dubai 2024

Binance announced the initial speaker lineup for Binance Blockchain Dubai 2024, featuring prominent figures from Circle, Nansen, Dubai Future Foundation, and Wamda Capital. Additional speakers are expected to be revealed soon.

Deloitte announces AI’s impact on private equity valuations

Deloitte announced that AI is expected to significantly enhance the portfolio valuation process. This technology is anticipated to increase the frequency and efficiency of portfolio valuations.

Binance announces investment in decentralized AI platform Sahara AI

Binance announced its investment in Sahara AI, a decentralized blockchain platform, to promote an open and equitable AI economy. Sahara AI aims to ensure AI security, equity, and accessibility by prioritizing sovereignty and provenance in its collaborative approach.

Trade

The Hongqiao International Economic Forum recently highlighted the enduring significance of global trade, tracing its roots back to the ancient Silk Road.
The Philippines has initiated a safeguard investigation concerning cement imports.
The World Intellectual Property Organization (WIPO) and the World Trade Organization (WTO) have announced that applications are now open for their annual colloquium, designed for intellectual property (IP) teachers and researchers.