Despite technological advancements, the construction industry remains largely unchanged from its practices a century ago, observes Sam O’Gorman, an associate partner at McKinsey. While the potential for enhanced productivity and…
In its latest report, HSBC examined the complex effects of artificial intelligence (AI) on the economy, highlighting the promising developments as well as the possible disadvantages and challenges that may…
EaseMyTrip, a leading online travel booking platform, has announced its withdrawal from the acquisition process for the grounded airline Go First. Nishant Pitti, EaseMyTrip’s founder, cited a strategic shift towards…
The U.K. economy emerged from a brief recession in the latter half of 2023, with a modest 0.6% growth recorded in the first quarter of 2024. Chancellor Rishi Sunak hailed…
U.S. Consumers Take Control: Mid-Range Reigns Supreme for Peak Shopping Season The annual dance between retailers and consumers is underway, with shipping data offering a glimpse into what U.S. shoppers…
Early signs from the shipping industry paint a picture of a cautious consumer for the upcoming peak shopping season. New data from the exclusive CNBC Supply Chain Survey reveals U.S.…
Good news for shippers! Maersk, the world’s second-largest shipping company, is inching closer to resuming operations at the Port of Baltimore. This follows significant progress in clearing debris from the…
Is a repeat of the pandemic supply chain nightmare on the horizon? A confluence of factors is creating a major headache for international trade: a critical shortage of shipping containers.…
Chipmaker Nvidia, celebrated for its advancements in artificial intelligence, saw a remarkable 9.3% surge in its stock price, surpassing $1,000 per share. This surge followed the announcement of stronger-than-expected fiscal…
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