Finance executives in business and industry are more pessimistic about their own businesses and the domestic and global economy, according to a quarterly US survey.
The overall average loss was $300,000 per scam, while security compromises via social media accounted for 23% of NFT thefts in 2022, according to research.
Transportation of materials and equipment essential for energy production will be prioritised on Germany’s rail networks should Rhine water levels fall further.
Amid competition between legacy automakers and EV startups, new entrants are looking to develop a production track record to ease funding conversations.
Oil and gas investment in Africa could increase, but the net-zero push means oil production peaks in 2022 and gas in the late 2030s, an official estimate says.
Figures from the UK’s Office for National Statistics show that 26% of companies plan August price rises — down from 31% in April when asked about May plans.
Global M&A deal activity surged to $5.9 trillion in 2021 and after a mixed first half in 2022, some analysts predict a strong second half for the year.
The compromise deal between EU states and European Parliament representatives excludes NFTs, except those that fall under existing cryptoasset categories.
Nearly half of UK executives with a working knowledge of quantum computing believe the emerging technology will have a significant impact by 2025, according to the results of an EY survey.
In the US, Fed fund futures are now pricing in rate hikes that imply a terminal rate of around 3.9% in mid-2023, up from around 3% at the start of June.
The CPA Outlook Index, an equally weighted, nine-component measure of sentiment, remained in positive territory, falling from 73 points to 67 points out of 100, but it was the fourth consecutive quarterly decline in economic outlook.
