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World Bank Raises Global Economic Growth Forecast for This Year
The World Bank is raising its forecast for global economic growth in 2023, mainly thanks to better-than-expected growth in major economies such as the United States, the eurozone and China. However, the forecast for next year was lowered.…
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Bloomberg: Turnover and Investments in AI Will Explode in the Next Ten Years
In terms of revenue, artificial intelligence (AI) will explode to unprecedented levels in the coming years. Bloomberg speaks of $1.3 trillion within ten years.
Whereas the market for generative AI, such as the popular ChatGPT,…
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Qatar Airways CEO: First Class Disappears in New Aircraft
Wealthy travellers flying with Qatar Airways will soon no longer be able to nap in one of the luxurious lounge chairs in first class. The airline will scrap it in the next generation of long-haul aircraft.
CEO Akbar Al Baker states…
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Google has to Pay Millions for Sonos Patent Violation
Google has been found guilty of infringing a Sonos patent. Therefore, it must pay a fine for every device sold with the technology.
Google must pay $ 32.5 million, or $ 2.30, for more than fourteen million devices that Google has…
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Sources: China is Considering Tax Incentives for Manufacturers
The Chinese government is considering tax incentives for certain manufacturers in China to stimulate the economy. With this, the country wants to focus on the innovation of technology to compete with the United States. Insiders report this…
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The EU has Already Frozen More Than 200 Billion Euros in Russian Assets
Since the Ukraine war outbreak, the European Union has seized more than 200 billion euros in assets from the Russian central bank. This is reflected in the most recent figures.
This includes frozen assets worth more than 24 billion…
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European Court Disapproves of Corona Aid to Italian Aviation
The European Commission should not have approved the corona support that Italian airlines have received, the European Court of Justice has ruled.
It is the second time in as many weeks that the European court has annulled approval…
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More Travellers Should Further Boost Ryanair’s Profitability
Irish airline Ryanair expects to transport 10 percent more passengers this year, mainly thanks to strong summer air travel demand. The budget airline wants to increase turnover because ticket prices are higher this summer than before the…
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