Fitch Warns Of Surge In Corporate Defaults For 2024 Despite Fed’s Pause On Interest Rate Hikes
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Fitch Ratings forecasts a rise in corporate defaults in the U.S. and eurozone due to stricter central bank policies.
What Happened: Fitch Ratings stated on...
JD.Com Gears Up For Significant Pay Increases Despite Volatility In Chinese Consumer Trends
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In a surprising move, Chinese e-commerce behemoth JD.com Inc JD has disclosed plans for significant salary increments for its workforce in 2024, notwithstanding a volatile Chinese...
Marjorie Taylor Greene Draws Flak For Urging US To Emulate Milei’s Argentina With Government Downsizing: ‘Need To Stop Electing This Type Of Ignorance’
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Rep. Marjorie Taylor Greene (R-Ga.) said late Tuesday that the U.S. should take a leaf out of Argentina’s new President Javier Milei’s playbook and...
Anticipated AI Boom Fails To Drive Up Cloud Services Spending In China
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In a surprising turn, the much-anticipated boom in artificial intelligence (AI) has failed to bring about a significant increase in cloud services spending in...
Microsoft’s AI-Assitant Copilot Makes Its Debut With ChatGPT-Like App On Android
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In a stealthy move, Microsoft Corporation MSFT has now introduced its AI-driven standalone Copilot app, exclusive to Android users.
What Happened:Â Microsoft launched a dedicated Copilot app on Android around a week...
