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FM Nirmala Sitharaman calls on companies to drive India-Lanka economic integration

CFO News

FM suggested that Sri Lanka explore the feasibility of widening its economic basket from just tourism and tea to focus on sectors like pharmaceuticals and renewable energy, according to a post by the Indian finance ministry on X (formerly Twitter).

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Netflix, Alphabet, Nordstrom, PagerDuty, more

CFO News Room

after CEO Sundar Pichai announced the company will lay off 12,000 employees and explained in a memo that the company “hired for a different economic reality than the one we face today.” ” Eli Lilly — Shares of the pharmaceutical company slumped more than 1% in premarket after the U.S.

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IBM Targets Pharmaceuticals With Blockchain Supply Chain Tech

PYMNTS

As IBM continues its exploration of how blockchain could disrupt supply chain management, the technology firm has partnered with Hejia to introduce a solution targeting the pharmaceutical space. The solution is already working with one pharmaceutical retailer, a hospital and a bank to facilitate transactions between these parties.

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Inflation Warrior: Q&A With National Bank of Denmark Governor Christian Kettel Thomsen

Global Finance

Aside from well-anchored inflation expectations, fading supply disruptions and restrictive economic policy also helped restore a better balance between aggregate demand and supply at the global level. Therefore, the interest rate cannot be used to stimulate the economic activity. However, employment has surprised to the upside.

Banking 52
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Why IAS 38 is Hindering South Africa’s Growth: A Call for Change

CFO Talks

Why IAS 38 is Hindering South Africa’s Growth: A Call for Change In an era where innovation, intellectual property (IP), and intangible assets drive economic success, South Africa finds itself at a critical crossroads. They drive productivity, enhance competitiveness, and provide the foundation for long-term economic growth.

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Chinese Study highlights limitations on IAS 38, accounting for intangible assets

CFO Talks

This study provides some key insights that are highly relevant to our discussions and podcasts at the CFO Club on how South Africa can improve its treatment of intangible assets to foster economic growth. Like China, our future economic growth depends heavily on innovation and technology-driven industries.

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Microsoft, Moderna, Mobileye, Chegg and more

CFO News Room

a day after the pharmaceutical company said its respiratory syncytial virus vaccine is effective in preventing the disease in older adults. Microsoft — Shares of the technology giant moved 1% lower after it announced plans to cut 10,000 jobs through March 31 in an attempt to trim costs as economic uncertainties linger and growth slows.