Microeconomics

Genies CEO Banks on ChatGPT to Supercharge Productivity and Cut Costs

The CEO of Genies, a $1 billion avatar tools company, is investing $2,400 a month on ChatGPT Plus accounts for…

2 years ago

Germany’s Controversial Proposal to Subsidise Electricity for Industry

Germany's economy ministry has proposed to cover 80% of electricity costs for energy-intensive companies until 2030, aiming to support industries…

2 years ago

China’s Green Investment Wave Electrifies Europe’s EV Industry

China's investment in Europe has taken a "green" turn, as they increasingly fund eco-friendly ventures like electric vehicle battery production.…

2 years ago

The AI Revolution: A Double-Edged Sword for the Job Market?

IBM CEO Arvind Krishna disclosed that the company expects around 7,800 jobs to be replaced by AI within the next…

2 years ago

South Africa’s Vape Tax: A Cloudy Future for the Booming Industry

In June 2023, South Africa will impose a flat excise duty of R2.90/ml on nicotine substitutes, including vaping products. This…

2 years ago

UK Blocks Microsoft’s Gaming Power Play

In a surprising move, the UK's Competition and Markets Authority (CMA) has halted Microsoft's $68.7 billion acquisition of video game…

2 years ago

Swap to Stop: A Bold New Plan to Snuff Out Cigarettes

In a world-first initiative, one million smokers in England will be encouraged to trade cigarettes for vapes in the innovative…

2 years ago

Green power surge: Renewables shatter records in 2022

A renewable energy renaissance swept the globe in 2022, with wind and solar power propelling worldwide electricity generation to its…

2 years ago