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.
In an interview at the World Economic Forum summit at Davos, Mahindra’s CEO said the company is to use “significant funds” for its electric vehicle portfolio.
Sanctions in response to the war in Ukraine include a ban on accounting and management consulting services, according to government statements issued Monday.
Supply chain disruptions and economic uncertainty slowed European manufacturing last month. The invasion of Ukraine and lockdowns in China are some of the reasons that bottlenecks were exacerbated.
