Daily Management Review
Trump Reverses Course on Tariffs to Curb Grocery Inflation and Appease Consumer Pressure

Trump Reverses Course on Tariffs to Curb Grocery Inflation and Appease Consumer Pressure

Economics

In a decisive pivot, President Donald Trump announced the rollback of import tariffs on more than 200 food-and-beverage...
Fed “Hawks” Hold the Line as Traders Back Off December Rate Cut

Fed “Hawks” Hold the Line as Traders Back Off December Rate Cut

Economics

In recent weeks, a chorus of more hawkish voices has emerged within the Federal Reserve (Fed), signalling a clear...
China’s Growth Engine Stalls as Weak Output and Soft Spending Expose Deep Structural Faultliness

China’s Growth Engine Stalls as Weak Output and Soft Spending Expose Deep Structural Faultliness

Economics

China’s latest economic indicators reveal a broader loss of momentum that is both sharper and more complex than earlier...
China Leverages Royal Diplomacy to Reinforce Its Image as a Stable and Reliable Global Partner

China Leverages Royal Diplomacy to Reinforce Its Image as a Stable and Reliable Global Partner

Economics

China’s leadership has used a succession of recent royal visits to amplify its preferred narrative of stability,...
Expanded US–South Korea Pact Showcases Strategic Investment Push Centered on American Shipbuilding

Expanded US–South Korea Pact Showcases Strategic Investment Push Centered on American Shipbuilding

Economics

The United States and South Korea have unveiled comprehensive details of a far-reaching economic and security agreement...
Nissan Accelerates Global Revamp With Strategic Job Cuts at Its European Headquarters

Nissan Accelerates Global Revamp With Strategic Job Cuts at Its European Headquarters

Business & Finance

Nissan’s decision to cut roles at its European regional office marks one of the most visible steps in the company’s...
India's largest asset management company plans $1.2 billion IPO

India's largest asset management company plans $1.2 billion IPO

Business & Finance

SBI Funds Management Ltd., which is India's largest asset management company, is looking into launching an initial...
Musk's AI startup xAI raises another $15 billion

Musk's AI startup xAI raises another $15 billion

Business & Finance

Elon Musk's U.S.-based artificial intelligence company, xAI, has secured $15 billion in funding from investors in its...
Luxury Sector Faces Holiday Demand Test Amid Deeper Rebound Pressures

Luxury Sector Faces Holiday Demand Test Amid Deeper Rebound Pressures

Economics

In what could prove a defining stretch for the luxury goods sector, major fashion houses are navigating a tense holiday...

Management

Art & Art Market

Hollywood Is Afraid As Scarlett Johansson's OpenAI Conflict Resurfaces

Hollywood Is Afraid As Scarlett Johansson's OpenAI Conflict Resurfaces
Hollywood officials says that OpenAI's apparent tribute to the film "Her," which features Scarlett Johansson's voice, is causing a reaction against artificial intelligence.   Even as Hollywood studios test new tools and consider partnerships with OpenAI, Johansson's accusations that the...

Tennessee Is The First US State To Pass Legislation Shielding Musicians From AI

Tennessee Is The First US State To Pass Legislation Shielding Musicians From AI
Gov. Bill Lee of Tennessee signed a bill into law on recently that sought to shield creatives, including musicians, against artificial intelligence's unauthorised usage.   The Ensuring Likeness Voice and Image Security (ELVIS) Act is the name of the legislation.   The Reasons It...

Morgan Stanley expects AI sector to equal Spain's power consumption by 2027

Morgan Stanley expects AI sector to equal Spain's power consumption by 2027
Morgan Stanley analysts expect that by 2027, the generative artificial intelligence sector of the economy will require as much electricity as all of Spain did in 2022. Over the following four years, the sector's electricity demand is expected to increase at an average annual rate of 70%, from 15...

Science & Technology

IBM’s Loon Chip Marks Strategic Leap Toward Fault-Tolerant Quantum Computing as Industry Targets 2029 Breakthrough

IBM’s Loon Chip Marks Strategic Leap Toward Fault-Tolerant Quantum Computing as Industry Targets 2029 Breakthrough
The tech giant IBM has revealed a milestone quantum-chip platform named “Loon” that the company...

AI to manage design, construction, and operation of new South Korean data center

AI to manage design, construction, and operation of new South Korean data center
Investment group Stock Farm Road (SFR) has entered into an agreement with the American firm Voltai...

EU is considering banning ethyl alcohol in hand sanitizers

EU is considering banning ethyl alcohol in hand sanitizers
The European Union is deliberating on designating ethyl alcohol (ethanol) as a dangerous substance...

Starship to become the first spacecraft to complete full lunar mission

Starship to become the first spacecraft to complete full lunar mission
Elon Musk, founder of SpaceX, claimed that the Starship spacecraft will be the first to reach the...

Stellantis, Pony AI plan to deploy robotaxi network in Europe

Stellantis, Pony AI plan to deploy robotaxi network in Europe
Stellantis NV announced that Chinese self-driving technology firm Pony AI Inc. will start testing...

OpenAI to launch producing its own AI chips in partnership with Broadcom

OpenAI to launch producing its own AI chips in partnership with Broadcom
OpenAI is set to collaborate with Broadcom Inc. to manufacture its own AI chips. As stated in a...

OpenAI to offer access to the lowest-cost ChatGPT plan in 16 more Asian countries

OpenAI to offer access to the lowest-cost ChatGPT plan in 16 more Asian countries
OpenAI has broadened availability of the least expensive plan for the ChatGPT in 16 additional...

Renewable energy for the first time overtakes coal in electricity generation

Renewable energy for the first time overtakes coal in electricity generation
In the early months of 2025, for the first time ever, electricity production from renewable...

Meta unveils AI glasses with display, launches on September 30

Meta unveils AI glasses with display, launches on September 30
During its yearly developer conference, the American firm Meta presented new smart glasses...

Uber and China's Momenta to test self-driving cars in Munich

Uber and China's Momenta to test self-driving cars in Munich
Uber Technologies from the United States and China’s Momenta have revealed intentions to trial...
World Politics

World & Politics

European Commission proposes creating solidarity fund for EU countries facing migration pressure

European Commission proposes creating solidarity fund for EU countries facing migration pressure
The European Commission has suggested setting up a solidarity fund to help Member States that are dealing with a lot of migration pressure. This idea...

Air traffic controller shortages result in cancellation of thousands of flights in the US

Air traffic controller shortages result in cancellation of thousands of flights in the US
Hundreds of thousands of travelers in the United States have faced flight delays or cancellations because of the federal government shutdown,...

Court releases former French President Nicolas Sarkozy from prison

Court releases former French President Nicolas Sarkozy from prison
The Paris Court of Appeals has approved the defense team's request to release former French President Nicolas Sarkozy from prison and transfer him to...

Brazil Opens COP30 Summit with a Call for Cooperation Amid Global Fractures

Brazil Opens COP30 Summit with a Call for Cooperation Amid Global Fractures
When world leaders, negotiators and climate activists converged on the Amazon-region city of Belém, Brazil, for the 30th annual climate summit, the...

Dubai overtakes New York in Savills' Best Cities for Millionaires ranking

Dubai overtakes New York in Savills' Best Cities for Millionaires ranking
Dubai has been recognized as the most appealing city for high-net-worth individuals according to a report published by real estate firm Savills Plc....

US court approves dismissal of Boeing 737 MAX crashes case

US court approves dismissal of Boeing 737 MAX crashes case
Boeing Co. will not face criminal charges related to two plane crashes that caused the worldwide grounding of the 737 MAX aircraft. Federal Judge in...

Typhoon Kalmaegi's death toll in the Philippines exceeds 110

Typhoon Kalmaegi's death toll in the Philippines exceeds 110
110 individuals have lost their lives due to the severe Typhoon Kalmaegi, which hit the Philippines on Tuesday, as reported by The Philippine Star on...

Mamdani wins New York mayoral election

Mamdani wins New York mayoral election
Democratic Party member Zohran Mamdani, who is 34 years old, declared his win in the New York City mayoral election during a gathering with his...