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Economics

Excitement surrounding new digital trading card app: 'A people-for-people philosophy'

NFL superstars Patrick Mahomes and Drew Brees are among the global ambassadors behind the new digital platform VirtualStaX that has designs on revolutionizing the global fan economy


Economics

Elon Musk regains title of world's richest person

Elon Musk is now the world’s richest person, rising to status of the third person in history to be worth upwards of $200 billion.


Economics

FedEx Logistics launches Seoul office: Korea 'key player in international trade'

As part of its global expansion program, FedEx Logistics has opened an office in Seoul, South Korea, according to a news release.


Economics

'Taxation in a digitalizing economy even more important' as Asian countries become increasingly digitalized

Asian government entities are considering how to update antiquated taxation methods as their economies are increasingly becoming digitalized.


Economics

'The recovery, however, is not assured': IMF report optimistic about economy in second half of year, but highlights potential pitfalls

On its way to recovery, the global economy is projected to grow 6% in 2021 and 4.9% in 2022, the International Monetary Fund reported.


Economics

IMF to host virtual seminar Sept. 29-30 on post-COVID-19 development goals

The International Monetary Fund will host a virtual seminar Sept. 29-30 on sustainable development goals in the developing world in the post COVID-19 era.


Economics

Wynn Resorts CEO Maddox: Reservations from U.K. go from 'zero to hundreds a day'

After nearly two years of travel restrictions due to COVID-19, travelers from the U.K. leapt at the chance to make reservations at Sin City hotels after the White House announced it would lessen restrictions on overseas visitors.


Economics

Five-hundred million doses of COVID-19 vaccine to be donated to ‘ensure expedited access for all’

The U.S. will donate an additional 500 million doses of the COVID-19 vaccine to lower-income countries, following a donation by Pfizer and BioNTech to the U.S. government.


Economics

Zilingo CEO Bose on COVID shutdowns: 'It’s really bad timing for Vietnam'

With the holiday season fast approaching, companies are rushing to move manufacturing out of Vietnam, as rising COVID-19 infections have led to a shutdowns.



Economics

Analyst: 'Global industrial downturn' follows bullish commodities market

Predictions of a slowdown in global industrial activity are ringing true, and the proof is in currency markets, an economic forecaster told CNBC's Trading Nation.


Economics

What will become of Afghanistan's wealth of lithium?

The sudden U.S. withdrawal from Afghanistan may have given China the chance to take advantage of the region’s vast mineral reserves with an estimated value as high as $3 trillion, according to the Institute for Energy Research.


Economics

Holiday toy shortage possible due to 'historic strains on capacity'

While the holiday season is still months away, retailers and infrastructure experts are already preparing for a possible shortage of Christmas toys this year, according to a recent Newsweek report.


Economics

Welcome our new ICC YAF Representatives for South Asia

The ICC Young Arbitrators Forum has named 89 new regional representatives for its 2021-2023 mandate, including appointments in 16 previously unrepresented countries and a newly established chapter for Africa.


Economics

Amazon to hire up to 125,000, increase pay in 'tight labor market'

Set to launch at least 100 logistics facilities in the coming days, Amazon Inc. has announced plans to raise average starting wages to $18 per hour.In all, Reuters reports the world’s largest retailer plans to hire upwards of 125,000 warehouse and transportation workers across the country.


Economics

World Bank projects nearly a quarter billion will be forced into 'climate-driven migration'

A recent World Bank report revealed that an estimated 216 million individuals may eventually have to relocate amid climate change-related concerns.


Economics

CAVA Robotics opens Berlin office to advance position as leader in 'robotic surgery'

CAVA Robotics International recently announced it is opening a new European headquarters in Berlin according to a press release.


Economics

'We can hardly find any workers' – Chinese factories suffer labor shortage

COVID concerns are adding to China's battle to attract workers, leaving doubts about how it will meet worldwide manufacturing demands.


Economics

GCM Grosvenor opening office in Germany

Chicago-based GCM Grosvenor is opening an office in Germany to help serve their central Europe clientele.


Economics

'Japan is the logical place': Grayshift expands operations in Asia

Forensics technology company Grayshift, LLC, announced Sept. 7 the expansion of its Asia-Pacific presence with a new office in Japan.