As the finance industry adapts to the latest technologies, the need for graduates with just financial knowledge is decreasing. Companies now want people who are well-versed in both finance and tech skills. In demand According to market research firm Opimas, almost 400,000 jobs in the finance industry will shift to AI by the year 2030. ...
In May last year, U.S. President Donald Trump banned Chinese company ZTE, barring it from working with American companies due to violating sanctions against North Korea and Iran. Though the ban was revoked a month later, the incident nearly caused the collapse of ZTE. Last month, Trump enforced a ban on Huawei, restricting it from ...
Monopolies are economic situations in which a seller, or group of sellers, acts jointly to control markets. In the U.S., three corporations control nearly 80 percent of the mobile telecommunication market, four control almost 85 percent of U.S. corn seed sales, three firms exercise control over 95 percent of credit cards issued, and just 6 ...
Beijing is said to be considering a ban on Bitcoin mining in the country. If the ban comes into effect, it would end China’s dominance in the industry. According to estimates, more than 70 percent of global cryptocurrency mining happens in China. Banning Bitcoin mining China’s National Development and Reform Commission (NDRC) recently revealed the ...
Traditionally, being an employee meant a 9 to 5 job commuting to the office every day. But thanks to technology, this is no longer the only way of employment. High-speed Internet has given rise to the trend of being a “Digital Nomad,” a person who works from a location they prefer. Rise of the digital nomad ...
The rapid advances in technology are changing everything about the world we live in, from how we make friends to what we eat, how people communicate, and so on. Finance is an industry that is also undergoing a technological disruption as traditional methods of operations are being replaced by new ways. Automated savings Many people ...
The basic purpose of a business is to make a profit for its investors. However, solely focusing on profits does not make a company impactful. Various studies have shown that businesses that spend time on social activities not only attain a good reputation among consumers, but also have higher employee satisfaction. 4 ways that businesses ...
The Chinese tech industry’s grueling work schedule is making its workers exhausted, tired, and mentally depressed. Dubbed “996,” indicating the work schedule of 9 a.m. to 9 p.m. six days a week, employees are now starting to protest. This includes employees of Jack Ma. Jack Ma’s exhausting work schedule Long working hours have been a ...
Pre-orders for Tesla’s China-manufactured model attracted huge traffic to its website with the car’s launch in China. The company is projected to start deliveries to customers in China from its domestic plant within the next 6-10 months. Tesla launch in China At present, all cars sold by Tesla in China are imported from the U.S. ...
Light is brightest just after darkness — ask any entrepreneur. “Entrepreneurs get smashed every day; they don’t get a break. That’s why an entrepreneur is someone who can endure,” says Mark Hutchison, owner of the award-winning Australian luxury flooring business Lifewood. “If you want to be an entrepreneur and you can’t endure, then you put that ...
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