This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Angola now owes China approximately $20 billion, mostly on energy and transportation projects. Accordingly, China’s involvement in Africa goes beyond trade, encompassing a mix of economic investments, geopolitical strategies, and local challenges. Ethiopia’s debt to China stands at around $13.5
With over 35% y-o-y increase in capex and a proposed infrastructure spend of over Rs 10 lakh crore in Budget 2022-23, the Union government has reinforced its commitment to using infrastructure as a force multiplier for sustained economic growth.
It focuses on emerging markets and promotes social and economic development through sustainable finance. By supplying financing to private companies, Absa Bank is facilitating the implementation of key projects that are critical to economic development. billion yuan.
This shift resulted in a massive redeployment of transportation solutions, including last-mile infrastructure and the resources for ensuring its success. Production, distribution and transportation networks were not designed to accommodate such sudden shifts in demand across formerly predictable markets, Sharma said.
The region is expanding biofuel and clean energy production and is projected to be a key clean-hydrogen export zone by 2030, which will ultimately help unlock economic growth. This requires balancing economic growth and food production with sustainability. Many Latin American banks have been integral to this process.
This sentiment is echoed by AI Now, a research institute, which asserts that “AI is now firmly positioned as a critical strategic technology for the geopolitical and economic ambitions of nation-states.” These advancements have thrust AI into the heart of national security and geopolitical discussions.
million in pretax profits in 2023, and a presence in 20 markets on the continent and four global centers—empowering SMEs means fueling Africa’s economic development. Before the pandemic, DBS had relentlessly leveraged emerging technologies to help SMEs, especially micro and small enterprises, streamline services and manage credit risk.
Many stores, which came to rely on software-connected systems during the Covid-19 pandemic, are now leveraging these capabilities to eke out efficiencies that can help keep prices down amid stubbornly high inflation and rising interest rates, industry analysts said. Newsletter Sign-up. Kroger CIO Yael Cosset. Photo: The Kroger Company.
Lyft is a self-described peer-to-peer marketplace focused on “revolutionizing transportation” and reducing traffic congestion in cities. For Uber, transportation is a platform feature that is central to its business, but is not its end game. Uber considers its competitors to be Amazon and Alphabet.
DSE in Transportation. Not only has the pace of innovation accelerated; the telecom industry has also been whipsawed by pandemic related changes, global macro economic issues and shifting strategies on the part of major telecom companies and the changing demands of their customers. DSE in the Semiconductor Industry.
That implies a sizable economic impact, considering that 53 million individuals in the U.S. In the current economic climate, the steady work — and steady paychecks — proves elusive. He said that leveraging data that can be used for expense management can be used by gig workers to increase their personal incomes or top lines.
Satyan Merchant, senior vice president and automotive business leader at TransUnion, said that “while the overall percentage of auto accounts leveraging financial accommodation programs has been declining, there were approximately 3.8 More consumers have sought to buy cars as a result of urban flight or to avoid public transportation.
Previous episodes in this series include DSE in the Medical Device industry , DSE in Utilities industry , DSE in the Energy Sector , and DSE in Transportation. As new chip foundries are being planned and built, advanced equipment lease management solutions come into play.
The more money in the proverbial bank, goes the thinking, the more money is on hand to deploy for strategic acquisitions, to leverage into R&D (and innovation) or simply weather an economic storm. Lyft, by way of comparison — a “purer” play on transportation that Uber — had a total cash position of about $2.8
Rowen’s career in finance and leadership has positioned him as an influential figure, serving in executive roles across various sectors, including transportation, investment, and industrial management. Lastly, resilience and adaptability are critical.
This interview of Richard Kozul-White of UNCTAD cover a very broad scope of economic issues from the developing country perspective: how unregulated financial markets have hindered emerging countries, how the Global Financial Crisis market failure has been ignored, and how even before Covid, these countries were facing a decade of lost growth.
Whether it's wardrobe, diet, transportation, communications, office space, work hours or more, it’s widely acknowledged that work is going to a mix of the old and the new. Perhaps nowhere have the changes been more impactful than with the rise of remote work and the many knock-on implications that go with people doing their jobs from home.
Armistead recently offered PYMNTS an inside look into the different techniques that fraudsters leverage as well as the initiatives Zelle undertakes to protect itself and its users. There are really elaborate but completely bogus websites of puppies, with pictures of the puppies, links to bogus pet transport services, et cetera.
Improving demand from a low base in 2022 and continued debt control will underpin growing profit and steady leverage for most rated Chinese corporates, but some sectors will continue to have muted growth, the credit rating agency noted. And steady EBITDA will mitigate investment risks for chemical and construction companies, the firm added.
Global Economy May Have Seen the Worst of Inflation According to the Organization for Economic Co-operation and Development (OECD) , "Global GDP growth in 2023 is projected to be 2.7%, the lowest annual rate since the global financial crisis, with the exception of the 2020 pandemic period.
Buffet’s expertise in the economics of railroads grew out of his childhood fascination-turned lifelong interest in them. That efficiency reduces the cost of transport and truck congestion on the road, which reduces highway gridlock and carbon emissions produced by those trucks. In 2014, the last time data was publicly reported , U.S.
As reported , the platform-focused firm is also debuting new safety features and broadening its travel modes on offer, including bikes and public transportation. Khosrowshahi said the users who leverage both apps are “the most satisfied customers,” and that the relationship “becomes closer.”
That’s not always easy in a region with vast cultural, economic differences — which are seen even in the ridesharing business. For instance, Vietnam is the land of two-wheeled transportation, while alternative modes are more popular in other countries. Unifying Force.
While most businesses bemoan the impact of high inflation, savvy Entrepreneurs can leverage the environment to reduce risk and seize the opportunities, boosting long-term profits and gaining market share. Do you know the economic impact of inflation on business? January inflation was 7.5% – the highest rate in over 30 years!
Previously, African merchants had the opportunity to sell their wares on platforms such as OLX and Jumia or by leveraging social media platforms like Facebook and Instagram. Hunja explained that eCommerce in Kenya currently caters only to those at the top of the economic pyramid.
The idea is to help developers integrate their services within the company’s app and to leverage Grab’s user base along with its distribution channels, the company said in an announcement.
It said earlier this year that it would launch Grab Ventures, where it would invest in sectors as far-flung as transport and food services, Reuters reported. GrabPlatform amplifies economic value for all of Southeast Asia, even more than what we could ever create by ourselves,” Grab CEO and co-founder Anthony Tan said.
MasterCard is partnering with 100 Resilient Cities — Pioneered by The Rockefeller Foundation (100RC) in order to push digital payments as part of its “ Smart Cities ” initiative and leverage its technologies to create more sustainable urban centers.
Still, many corporate buyers now have less leverage to negotiate with airlines, as their travel volumes remain below pre-pandemic levels. Occupancy in the region is expected to grow at a slower pace in the second half of 2023 and 2024 due to economic concerns, with ADRs forecast to rise 4% to $181 in 2023 and 3.3% in 2023 and 1.8%
The economic potential is also considerable, as in 2018 it is estimated that gig workers earned $1.7 Lyft , of course, has set its sights on transportation. The company has also been leveraging local market power into ancillary services such as food delivery (a la Uber Eats). As many as a third of U.S.
By leveraging the mobile phone and existing platforms, such as the Apple and Android mobile operating systems and the payments rails, the cloud, a variety of technologies like GPS and apps like Maps in 2009, Uber’s platform is totally transforming the transportation sector. The story of Uber is, by now, well-trodden turf. In the U.S.,
I want to underline that non-vax nasal prophylactics leverage the time difference as well. From the Economic Times of India, “ Bharat Biotech’s nasal Covid vaccine iNCOVACC launched “: The shot will be on the Covid-19 list of vaccines and be accessible in private institutions. Both of those are pretty significant endpoints.”
As an executive with the Transport of London, he was on the ground floor of the project that brought tap and go payments to the Tube. “The one thing I’ve learned from moving from Transport to London to MasterCard is that every payments market is different. The consumers are different, the economics are slightly different.
Another part of this—which was really a fundamental reason that I came here—is Fortera’s technology, which is fundamentally economical because it optimally uses limestone feed stock. Fortera bolts directly onto existing facilities right at the stacks.
Powerful IBP solutions embrace the power of AI and should already have it embedded in their platforms, enabling teams to leverage predictive forecasting quickly and simply. How is the procurement of materials, such as production and transport capacity, developing? Which product or service areas have the highest growth rates?
Might it be blockchain’s turn to shine amid pockets of economic turmoil? Governments have an incentive to utilize blockchain in a way that helps them maintain monopolistic power on money supplies — and can leverage other advantages, according to Glover.
Uber created an entirely new vocabulary word and category of transportation service called ridesharing and a new way of describing their drivers — gig workers. It can also become the basis to build new value inside existing ecosystems — or leveraged by others to destroy its value. But that’s just one side of the Uber ecosystem.
Most of the time when people talk about the “Amazon Effect,” they talk in terms of the impact on traditional retail economics driven by the shift from offline to online sales and the impact of making free shipping table stakes. percent) and transportation (1.9 However, the real Amazon Effect goes well beyond that. percent), telecom (2.7
By knowing how long it took for people to travel from one place to another, innovators were able to improve the speed and efficiency of transportation options, including railroads. Timekeeping devices helped companies more accurately track workers’ time and calculate their pay based on hours worked.
U-shaped: Transport and online travel sectors are expecting strong recovery, 43% and 115% YoY growth respectively, as mobility exceeds post-pandemic levels and international travel resumes. Southeast Asia’s digital economy has delivered sizable social benefits such as business opportunities, jobs and economic growth.
It strives to leverage technology in transforming financial services to better meet customer needs. In response, we leveraged [GenAI] to … streamline this process significantly. Some fintech innovation labs work to improve economic and social conditions, and some go where no one has gone before.
This natural progression of integrating an acquisition allows us to fully leverage Walmart’s assets for Jet, and leverage Jet’s talent for Walmart,” Lore stated. The future of retail, according to Fleiss at the time, lies in leveraging technology to provide a shopping experience that can be individually tailored to customers’ needs.
The move aligns UOB, which also won the Best Bank in Singapore, with ASEAN’s rise as an economic powerhouse, rapidly transformed via megatrends like supply chain diversification, digitalization and investments in net-zero transitions and a rising middle class. In 2023, the bank leveraged its 8.9 billion manat (about $5.2
But if you are in an old office building without great light, you have low ceilings, you have no amenities, you don’t have a lot of wellness attributes to your building, you’re not in your public transportation. And if you’re near public transportation, you know, every tenant is looking for that.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content