KPMG in Canada added Bitcoin and Ethereum to its corporate treasury as part of a commitment to emerging technologies and asset classes, becoming one of the highest profile mainstream firms to invest in
Inflation soared over the past year at its highest rate in four decades, hammering American consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the
L’Oréal Group’s newly appointed digital executive is exploring how online games, augmented reality and social media can help the French cosmetics company reach new demographics amid an expected increase in e-commerce sales. Now,
Volkswagen AG plans to cut nearly all-night shifts at its main plant in Germany as Europe’s largest carmaker continues to battle the semiconductor crisis. VW will cut the night shift, for which workers receive
Peloton soared over 30% after reports that it’s exploring takeover options. The specific move that could test investors who are holding short positions. Peleton a fitness and lifestyle company is working with an
Many enterprises are boosting spending on AI as they seek better processes to develop applications The AI software market is expected to hit $62.5 billion in 2022, a 21.3% increase, according to a
Sumco Corp. a key supplier of silicon wafers for the semiconductor industry, said it has already sold out its production capacity through 2026, a sign shortages in the industry may not abate for
Shares of vaccine makers slumped again, losing over $20 billion in market value Immediately after Pfizer Inc. issued revenue guidance of its C-19 jab and pill that fell short of analyst expectations. BioNTech
Contrary to the statistics, as Europe recorded its highest ever rate of new Covid-19 cases in one week–12 million (with 22% of tests showing a positive result)–the director of the World Health Organisation,
Finance ministers from France and Germany said each country would contribute 1 billion euros ($1.1 billion) Towards a comprehensive plan, to foster European late-stage startups. Ministers said they had signed a joint declaration
