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World Covid-19

Looking back: Insights from the World Bank COVID-19 household monitoring dashboard

In June 2023, the COVID-19 Household Monitoring Dashboard released its 18th edition. For over 3 years, the dashboard has shared harmonized high-frequency phone survey (HFPS) data to provide a near real-time picture of a rapidly evolving crisis. With data from 423 survey rounds across close to 90 countries, the dashboard is one of the largest […]

Finance World

Citi mulls plan to split Institutional Clients Group in overhaul -source

Citigroup is considering plans to reorganize the bank’s biggest division after its leader Paco Ybarra leaves next year, according to a source familiar with the situation. The bank is unlikely to replace Ybarra, the head of its Institutional Clients Group (ICG), the source said. Instead, the leaders of its three business segments — investment banking, global […]

Technology World

PREVIEW Nvidia earnings will be major test for AI demand, market rally

Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Their only question is, by how much? The company has been the biggest beneficiary of the rise of ChatGPT and other generative artificial intelligence apps, virtually all of which are powered by its graphics processors. Nvidia shares have […]

Energy World

US auto safety agency probes 2022 Ford Mach-E EV recall

 U.S. auto safety regulators said on Monday that they are investigating whether Ford Motor’s 2022 recall of nearly 49,000 Ford Mustang Mach-E electric vehicles adequately addressed concerns and whether it should be expanded to more vehicles. Ford issued the June 2022 recall because high voltage battery main contactors may overheat from DC fast-charging and repeated wide-open pedal events, […]

Business

Why PayPal’s stablecoin is likely to succeed where Facebook’s Libra failed

 PayPal’s stablecoin is likely to succeed where Facebook’s failed, thanks to the payment giant’s standing in Washington and policymakers’ greater understanding of the issues in the last three years. PayPal this month said it was launching PayPal USD, a crypto token pegged to the U.S. dollar, making it the second major global company to launch a […]

Business Finance News

J&J to hold 9.5% stake in Kenvue after share exchange offer

 Johnson & Johnson said on Monday it was expecting to retain a stake of about 9.5% in its newly separated consumer health unit, Kenvue, after completing a share exchange offer. Shares of the consumer health company rose 1.4% in premarket trading. ‍J&J launched the exchange offer last month under which its stockholders could opt for shares of the […]

Finance Business

Goldman Sachs weighs sale of part of its wealth business

 Goldman Sachs is weighing the sale of a part of its wealth business, it said on Monday, as it shifts its focus back to serving the ultra-rich and away from high-net-worth clients in mass markets. The Wall Street bank is evaluating alternatives for its registered investment adviser (RIA) unit, called Personal Financial Management (PFM), which manages […]

World Healthcare

Digital-in-health: Unlocking the value for everyone

Digital solutions and data are powerful accelerators in the ongoing transformation of health systems and how health care is delivered for everyone. But current approaches are opportunistic, piecemeal, and fragmented. New thinking—a digital-in-health approach—is needed to get more value out of technology and data, ensuring health systems deliver care that is accessible, equitable and cost-effective. […]

World Featured News

BRICS expansion hopefuls seek to rebalance world order

An expansion of the BRICS bloc under consideration at a summit this week has attracted a motley crew of potential candidates – from Iran to Argentina – with one thing in common: a desire to level a global playing field many consider rigged against them. The list of grievances is long. Abusive trade practices. Punishing sanctions regimes. […]