Central banks from wealthy nations are showing a growing interest in purchasing gold as they become more concerned about the stability of the US dollar. This move is part of their strategy to hedge against risks such as inflation and economic uncertainties. Rising Demand for Gold According to a recent survey by the World Gold Council, central banks from advanced economies are ramping up their … [Read more...]

A recent report from Citi suggests that artificial intelligence (AI) will play a significant role in reshaping the finance industry, with banking jobs being the most vulnerable to automation. AI Displacement in Banking Jobs The report highlights that AI-driven displacement poses a substantial risk to banking jobs, indicating that the adoption of AI technologies in finance will lead to significant … [Read more...]

Miru Wong, now 33 years old, spent her childhood assisting her grandparents in running their shoemaking shop in Hong Kong. Little did she know that this experience would shape her future and lead her to a remarkable journey of preserving a dying trade. A Vision Takes Shape During her college years at Polytechnic University in Hong Kong, Miru embarked on a project that would change her life. … [Read more...]

Elon Musk is embroiled in yet another legal battle, this time over his controversial acquisition of Twitter. The former Chief Accounting Officer of Twitter, Robert Kaiden, is suing Musk for $3.75 million in unpaid severance. This lawsuit comes on the heels of four other ex-Twitter senior executives filing similar suits against Musk for unpaid severance. Allegations of Unpaid Severance Robert … [Read more...]

Elon Musk expressed his satisfaction as Dubai police incorporated a Cybertruck into their collection of high-end police vehicles. However, the Tesla pickup is not expected to engage in criminal pursuits in the near future. Dubai Adds Cybertruck to Luxury Police Fleet Dubai has introduced a Cybertruck into its assortment of luxury police vehicles, much to the delight of Elon Musk. Effectiveness … [Read more...]

OceanGate's co-founder, Guillermo Söhnlein, continues to grapple with the memory of the Titan implosion that claimed the lives of five passengers, including the company's CEO, Stockton Rush. Despite the tragic incident that occurred nearly a year ago, Söhnlein remains steadfast in his commitment to making deep-sea exploration more accessible. Remembering the Tragic Incident Guillermo … [Read more...]

Experience the epitome of luxury travel with a ride on the Hamptons Streamliner, offering a lavish journey from the Hamptons to New York City for just $195 one-way. Discover the opulence and high-end freebies that make this bus service stand out from the rest. A Luxurious Collaboration: Blade and The Jet Launched in May, the Hamptons Streamliner is a joint venture between Blade, known for its … [Read more...]

Elon Musk has issued a warning that iPhones and MacBooks may be prohibited at his companies following Apple's announcement of a collaboration with OpenAI, the creator of ChatGPT. Apple's OpenAI Partnership Sparks Controversy Elon Musk expressed strong opposition to Apple's recent partnership with OpenAI, indicating that Apple devices could face a ban at his establishments. Privacy … [Read more...]

Another Tesla shareholder has come out against Elon Musk's multibillion-dollar pay package, suggesting that the billionaire should shift his focus to exploring Mars. Growing opposition The list of Tesla investors opposing Elon Musk's hefty compensation is expanding. CalSTRS's chief investment officer, Chris Ailman, expressed the fund's dissent. Public disapproval Days before the … [Read more...]

Narendra Modi has commenced his third term as India's Prime Minister following a victorious election campaign. His Bharatiya Janata Party secured 240 seats, paving the way for a coalition government to achieve a parliamentary majority. The swearing-in ceremony took place at Rashtrapati Bhavan in New Delhi, surrounded by regional leaders and stringent security measures. Modi's Victory and … [Read more...]