EconomyTop StoriesBiden signs $280bn bill to make US more competitive over ChinaGBO CorrespondentAugust 17, 2022August 17, 2022 GBO CorrespondentAugust 17, 2022August 17, 202201218 The legislation sets aside USD 52 billion specifically to bolster the US computer chip sector.
Islamic FinanceTop StoriesUAE businesses raise prices as inflation bitesGBO CorrespondentAugust 17, 2022August 17, 2022 GBO CorrespondentAugust 17, 2022August 17, 202201250 UAE businesses reported cost increases of 18% for energy and utilities, 17% for raw materials, and 14% for wages and staff compensation.
MarketsTop StoriesHodlnaut suspends withdrawals: Crisis hits cryptocurrency market in SingaporeGBO CorrespondentAugust 16, 2022August 16, 2022 GBO CorrespondentAugust 16, 2022August 16, 202201297 Hodlnaut is the most recent in a long line of cryptocurrency players to have issues as a result of a strong market sell-off.
BusinessTop StoriesHow subscription billing enhances customer retentionGBO CorrespondentAugust 16, 2022August 16, 2022 GBO CorrespondentAugust 16, 2022August 16, 202201142 Businesses are adopting new technologies to keep up with changing trends to increase customer retention.
EconomyTop StoriesIs China’s Better Cotton Initiative a compromise or cut loose?GBO CorrespondentAugust 15, 2022August 14, 2022 GBO CorrespondentAugust 15, 2022August 14, 202201582 Better Cotton Initiative started operating in China, the home of the Uighur ethnic minority, as part of BCI's goal in 2013.
BusinessTop StoriesFive fastest-growing businesses in AfricaGBO CorrespondentAugust 12, 2022August 12, 2022 GBO CorrespondentAugust 12, 2022August 12, 202202440 Africa is the second-fastest-growing and most lucrative payments and banking sector in the world, only behind Latin America.
AviationTop StoriesFlightradar24 keeps watch on every flightGBO CorrespondentAugust 11, 2022August 12, 2022 GBO CorrespondentAugust 11, 2022August 12, 202201477 Recent notable events on Flightradar24 include the tracking of Alexei Navalny's aircraft as he returned to Moscow in 2021.
EconomyTop StoriesAre Brexit, COVID, inflation to be blamed for crisis in UK’s restaurants?GBO CorrespondentAugust 11, 2022August 10, 2022 GBO CorrespondentAugust 11, 2022August 10, 202201127 Even before the COVID pandemic, the restaurant industry in the United Kingdom was having problems.
EconomyTop StoriesSri Lanka’s economic woes to last another yearGBO CorrespondentAugust 10, 2022 GBO CorrespondentAugust 10, 202201146 Ranil Wickremesinghe said that Sri Lanka's recovery would be based on looking at new sectors such as logistics and nuclear energy.
EconomyTop StoriesHow 2020 changed the world economyGBO CorrespondentAugust 9, 2022August 9, 2022 GBO CorrespondentAugust 9, 2022August 9, 202201063 The IMF estimates that the global economy shrunk by 4.4% in 2022.