India’s Adani companies lose $65 billion in value | Business and economic news

Most Adani Group shares fell sharply on Monday as the Indian conglomerate’s rebuttal of US short-seller criticism failed to calm investors, deepening a market rout that has now led to $65 billion in losses in the group’s stock values. The Indian group led by Gautam Adani, Asia’s richest man, met with research firm Hindenburg and … Read more

China’s $6 trillion consumer market is pulling itself out of the doldrums

BEIJING – China’s recovery from Covid-19 consumption is off to a strong start – after a dismal fourth quarter. when Michelin-starred Restaurant Rêver Edward Suen, chief operating officer of the Guangzhou venue, said it reopened on Thursday of the Lunar New Year holiday, and it was fully booked. He said bookings for the next three … Read more

Samsung products may soon offer telehealth

Last week, the famous consumer electronics and digital technology company, Samsung, announce New partnership with IntelliTek Health, a company that has developed a patient-centered virtual assistant. The goal of the partnership is to use artificial intelligence technology and digital voice assistance to enable healthcare providers to deploy their services through Samsung products. IntelliTek Health’s Personal … Read more

The US unemployment system continues to suffer from post-pandemic 3-year delays

People wait in line to attend the job fair at SoFi Stadium on September 9, 2021 in Inglewood, California. Patrick T Fallon | Afp | Getty Images These days the United States unemployment system It is kind of an anomaly. Almost three years after the outbreak of the Covid-19 pandemic The worst unemployment crisis in … Read more

India is a real bright spot in the midst of a global downturn: CEOs

With the 2023 World Economic Forum in Davos dominated by discussions of economic growth, or the lack thereof in most developed countries, one country is often cited as a bright spot. Bank of Japan Governor Haruhiko Kuroda said in the closing session of the event that India is doing “extremely well,” while highlighting acute challenges … Read more

The AI ​​expert has 90 days to find a job – or leave the US

Huy Tu still remembers his first Instagram working day. Tu grew up in Ho Chi Minh City, Vietnam, in a working class family. The idea of ​​getting a job at a world-famous company like Instagram seemed like a fantasy. But Tu attended college in the United States, earning a Ph.D. Then he landed that dream … Read more

Collapse of Stable Currencies May Spread to US Bond Market: Academic

The $1.4 trillion cryptocurrency market crash in 2022 did not affect traditional assets such as stocks or the real economy. But an academic warned that the failure of a major stablecoin could have an impact on the US bond market, pointing to a potential new area that investors need to watch as contagion continues to … Read more

Time for the Fed to declare victory over inflation? not yet

A man pumps gas at a gas station in the Brooklyn borough of New York, US, December 13, 2022. Michael Nagel | Xinhua News Agency | Getty Images The December monthly drop in CPI brings the Fed a step closer to beating inflation, though it’s unlikely to signal policy easing any time soon. The main … Read more

What is behind the energy dispute between Canada, Mexico and the United States? | International Trade News

Mexican President Andres Manuel López Obrador has said Mexico has “inalienable” ownership of its energy resources. The leaders of Canada, Mexico and the United States are due to hold a summit next week, where the big bone of contention could be the row over whether Mexico has violated a trade agreement by tightening the country’s … Read more