North Korean leader Kim Jong Un made a historic visit to Russia this weekend, where he was given the opportunity to inspect Russia’s nuclear-capable strategic bombers, hypersonic missiles, and warships. Accompanied by President Vladimir Putin’s defense minister, Kim was warmly greeted at Russia’s Knevichi airfield. The visit, which took place around 50 km from Vladivostok,
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In a glimmer of hope for China’s economy, retail sales in August grew by 4.6% compared to the previous year, surpassing expectations and indicating a rebound from the slowdown experienced in July. This positive growth defied predictions of a 3% increase, boosting confidence in the resilience of consumer spending. The surge in retail sales can
JPMorgan Chase, the largest bank in the United States, is ramping up its efforts to attract small business customers by introducing digital payroll processing. The bank has partnered with San Francisco-based fintech company Gusto to provide the technology behind this new feature. By integrating payroll services into its existing banking platform, JPMorgan aims to create
In the ever-evolving landscape of technology, artificial intelligence (AI) has emerged as a driving force behind innovation. Apple, a renowned player in the tech industry, has long been at the forefront of incorporating AI into its products. Although not explicitly mentioned during its recent iPhone 15 launch event, Apple emphasized the power and capabilities of
Arm, a British chip designer, is currently preparing for an initial public offering (IPO) that has caught the attention of investors in the semiconductor and artificial intelligence (AI) industries. The IPO aims to raise nearly $5 billion, valuing Arm at over $50 billion. While Nvidia has experienced a significant rally this year, driven by high
JPMorgan Chase CEO Jamie Dimon recently expressed his concerns about the future of the US economy. While acknowledging that the economy is currently performing well, Dimon warns that it would be a “huge mistake” to believe that this will continue for years to come. He cites a number of risks that could potentially derail the
China’s presence in the global stage is expanding rapidly, with more Chinese companies making their mark in various industries. One notable industry where Chinese companies are gaining traction is the electric car market. Recently, BYD and other Chinese electric car brands made their presence known at a German auto show, announcing their plans for the
The African Union (AU) has made history by becoming the second regional organization to be admitted as a full permanent member of the Group of 20 (G20), a distinguished group comprising leading industrialized and developing nations. Indian Prime Minister Narendra Modi announced this milestone at the G20 leaders’ summit in Delhi, marking a significant step
India’s recent import restrictions on personal computers and laptops have caused a stir among major hardware manufacturers such as Apple, Samsung, and Dell. Seen as a move to boost local manufacturing under Prime Minister Narendra Modi’s “Make in India” program, these protectionist measures have raised questions about India’s commitment to attracting global investment and establishing
The recent reports suggesting that Chinese government workers may be banned from using iPhones have had a significant impact on Apple’s stock value. With shares falling about 3% on Thursday following a 4% decline on Wednesday, concerns have been raised about the potential consequences for Apple’s market share in Greater China. This article aims to