Economy

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Economy

Money saving tips: 17 easy ways to stash more cash

Money saving tips: 17 easy ways to stash more cash Saving money can seem like a daunting task, especially in today's world where it's easy to be tempted by the latest purchases and deals. But the truth is that saving money doesn't have to be hard – there are plenty of simple and effective money-saving […]
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Economy

Virgin Orbit scrambles to avoid bankruptcy as deal talks continue

Virgin Orbit, the aerospace company founded by entrepreneur Richard Branson, is scrambling to avoid bankruptcy as negotiations for a potential deal are ongoing. The company, which specializes in launching small satellites into space, is reportedly in talks with potential investors to avoid bankruptcy. According to reports, the company has been looking for a buyer or […]
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Economy

Biotech start-up EggLogics develops game-changing technologies to boost in-vitro fertilisation’s success rate

Biotechnology start-up EggLogics is revolutionizing the in-vitro fertilisation (IVF) industry with the development of game-changing technologies to boost the success rate of IVF treatments. EggLogics, a Hong Kong-based technology company, is using its proprietary algorithm-driven technologies to improve the accuracy of embryo selection and the success rate of IVF treatments. The company’s technology leverages AI-powered […]
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Economy

Warren Buffett in contact with Biden officials on banking crisis as US small lenders seek wider deposit guarantee

Billionaire investor Warren Buffett has reportedly been in contact with officials from the Biden Administration seeking to resolve the banking crisis affecting small lenders in the United States. The banking crisis is due to the lack of deposit insurance, which is the federal guarantee that protects customers’ funds in the event of a bank failure. […]
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Economy

Nearly 200 banks at risk for same fate as SVB: study

Nearly 200 banks around the country are at risk of suffering the same fate as Silicon Valley Bank, according to a new study. A recent report from the banking research firm Fitch Ratings found that nearly 200 banks are vulnerable to the same liquidity issues that led to the collapse of SVB. The study found […]
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Economy

Chinese tourists unwilling to pay extra for sustainable travel options even as concern about climate change on the rise, McKinsey and Trip.com report says

Chinese tourists are unwilling to pay extra for sustainable travel options despite rising concerns over climate change, according to a new report from McKinsey and Trip.com. The survey of 1,000 Chinese travelers found that only 3 percent would be willing to pay extra for sustainable travel options, such as eco-friendly hotels and carbon offsetting. The […]
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