Over 2.85 billion people to use online food delivery in 2023, revenues to jump by 20% YoY to $910B
February 27, 2023. Jastra Kranjec. The swelling food costs have become a major problem for consumers worldwide. With Food Prices ...
Tag: featured
People’s Bank continues to demonstrate its resilience
People’s Bank announced the results for its year ended December 31, 2022, with total consolidated gross revenues, total operating income, ...
Over $50 billion outflows from world’s largest investment companies in 2023
March 16, 2023. Justinas Baltrusaitis. For several months, the global economy has been grappling with the threat of recession, with ...
$100 billion leaves 5 largest U.S. banks’ market cap in 2023 as Bitcoin adds $200 billion
March 21, 2023. Justinas Baltrusaitis. With the United States banking crisis claiming several casualties, the situation’s impact has spread over ...
Crypto remittance boasts a 127 times lower price tag than traditional methods
March 20, 2023. Edith Muthoni. Sending money abroad has traditionally been expensive and time-consuming. Fees, exchange rates, and other costs ...
ComBank Group consistent with solid topline growth in 2022
The Commercial Bank of Ceylon Group ended 2022 with a solid operational performance, having navigated the perfect storm with a ...
Nike grossed $78.3B from apparel sales in the last six years, almost as Adidas and Puma combined
March 22, 2023 Jastra Kranjec. As one of the largest and most recognizable brands on the planet, Nike holds the ...
Zomato beats Uber Eats as the most popular food delivery app in 2022 with 55 million downloads worldwide
March 20, 2023. Jastra Kranjec. The food delivery market has snowballed over the past five years, led by food delivery ...
China’s Next Chapter
(L–R): Marcos Troyjo, President, New Development Bank (NDB); Jane Sun, Chief Executive Officer, Trip.com Group; Nicolas Aguzin, Chief Executive Officer, ...
Saudi Arabia’s Transformation in a Changing Global Context
(L–R): Frederick Kempe, President and Chief Executive Officer, The Atlantic Council; Kristalina Georgieva, Managing Director, International Monetary Fund (IMF); Mohammed ...
Five Leading Investment Banks Globally Collected $27 Billion in Fees Across 2022
Investment banking is a vital aspect of the financial world, offering various services, including underwriting, capital raising, and merger and acquisitions ...
HNB Continues to Deliver Sustainable Performance
Hatton National Bank demonstrated resilience and an unwavering focus on sustainable business performance. It posted 15.7 billion in Group Profit ...
Tech Companies laid off more than 75,000 People in January alone
February 6, 2023 Jastra Kranjec. The massive wave of layoffs in the tech industry has shut down tens of thousands ...
Apple Services now Generate more Revenue than Nike and McDonald’s Combined
February 9, 2023 Justinas Baltrusaitis Over the past few years, tech giant Apple (NASDAQ: AAPL) has diversified its portfolio from ...
Bitcoin Mining Consumes less Electricity than Fridges and TVs in the U.S.
February 1, 2023. Kris Lucas A recent report has found that the mining of Bitcoin consumes less electricity than that ...
Cross-Chain Bridges Exploits Accounted for 64% of Crypto Losses all Year in 2022
February 6, 2023 Edith Muthoni With blockchain evolution, cross-chain bridging has emerged as a critical solution to interoperability. The technology allows for ...
Gold’s Market Value Now 6x Higher than World’s 10 Largest Banks
For centuries, gold has been regarded as a status symbol, alongside acting as an important financial product that has retained significant ...
Number of IPOs in the U.S. fall 80% in 2022 amid Economic Uncertainty
February 16, 2023 Justinas Baltrusaitis. The United States economy has been battered in recent months, with different sectors taking a ...
Honoring Bella Thorne’s Cannabis Advocacy, Forbidden Flowers, and how Weed Changed her Life
We all use cannabis for different reasons. While some enjoy its calming and tranquil effects, others use it to cope ...
Global Spending on PCs, Tablets and Mobile Phones to Drop by 5% in 2023, Following a 10% Decline Last Year
February 22, 2023 Jastra Kranjec As inflation continues to crumble consumer purchasing power, the global demand for IT devices, such ...
Ceylinco General Insurance and SLT- MOBITEL Join Hands to Offer a Unique Insurance Cover
SLT(L–R): Chandika Vitharana, CEO, Mobitel; Janaka Abeysinghe, CEO, SLT Group; Lalith Seneviratne, Executive Director/Group CEO, SLT; Rohan Fernando, Chairman, SLT ...
Liu He, Vice-Premier of the People’s Republic of China at the World Economic Forum
Liu He, Vice-Premier of the People’s Republic of China, State Council of the People’s Republic of China, speaks at Davos ...
India’s Road to a $10 Trillion Economy
Turning to India for opportunities as it transforms itself to dominate the world by becoming a great place to put ...
Dialog Enterprise’s Smart Fleet paves the way for efficient demining in the North & East of Sri Lanka
Dialog Enterprise partnered with Mines Advisory Group Sri Lanka (MAG) to equip purpose-built vehicles with its innovative Smart Fleet real-time ...
Sense and Sensibility of a Senior Politician
Mahinda Rajapaksa Mahinda Rajapaksa is the leader extraordinaire for some. He is also a leader who has been praised and ...
People’s Leasing & Finance Wins the European Award for ‘Best Practices 2022’
Pradeep Amirthanayagam, Chairman of People’s Leasing and Finance (center), receiving the European Award for Best Practices 2022 from Michael Harris, ...
India has Become the World’s Third Largest Aviation Market: PM Modi at Inauguration of Greenfield Airport in Mopa, Goa
December 11, 2022 Prime Minister Narendra Modi; Governor of Goa Shri P.S. Sreedharan Pillai; Union Minister of Civil Aviation, Shri ...
Road To Legalization: Why Should a Country Legalize Weed?
For some, this is quite a controversial statement. For herb, this is the only way forward. December 5, 2022. Rachel ...
Close to Half of the World’s Superrich are Looking to Invest in Energy Stocks
December 12, 2022 Elizabeth Energy stocks are becoming more and more appealing to the world’s super-rich. That’s according to a ...
Apple Spent Almost $100 billion Innovating its Products over the Last Five Years
December 8, 2022 Justinas Baltrusaitis Amid the growing competition in the technology sector, Apple (NASDAQ: AAPL) continues to sustain its position ...
