Machine learning & AI
Artificial intelligence (AI) tools are now widely employed worldwide, assisting both engineers and non-expert users with a wide range of tasks. Assessing the safety and reliability of these tools is thus of utmost importance, ...
Business
German software giant SAP on Thursday said it planned to cut some 3,000 jobs this year, joining a wave of layoffs in the global tech sector.
Jan 26, 2023
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Automotive
Tesla on Friday announced it will cut the price of its best-selling electric vehicle models up to 20 percent in Europe and the United States, launching a price war as more rivals hit the market.
Jan 13, 2023
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Business
The ailing US news industry is bracing for more turmoil with the coronavirus pandemic expected to deliver an economic shock to the sector—just when people need credible information the most.
Mar 15, 2020
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Business
It could take up to four years for Emirates airline's operations to return "to some degree of normality", its president said Monday, a day after the carrier announced job cuts over the coronavirus crisis.
Jun 1, 2020
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Business
Hungarian budget airline Wizz Air said on Tuesday it is cutting 1,000 jobs and cutting salaries for the remaining staff as it struggles to cope with Europe's coronavirus lockdown.
Apr 14, 2020
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Business
Argentina's economic downturn, with high inflation, a deflating currency and a shortage of US dollars to invest in, has in fact proved a shot in the arm for one sector: cryptocurrency.
May 4, 2021
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Business
Uber revenues surged in the fourth quarter on resurgent consumer activity as the ride-hailing company on Wednesday said it would be largely insulated from an economic downturn.
Feb 8, 2023
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Business
Taiwanese tech giant and key Apple supplier Foxconn said Monday it sees the potential to invest "several billion dollars" in India, with the firm looking to diversify its manufacturing away from China.
Aug 14, 2023
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Business
American computer firm Dell said Monday that it will lay off some five percent of its global workforce, or around 6,650 employees, the latest casualties of a job-slashing wave hitting the US tech sector.
Feb 6, 2023
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In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
This text uses material from Wikipedia, licensed under CC BY-SA
