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Finance

Strengthening the Financial Resilience of Pastoralists to Drought in Mali

According to the 2023 World Bank Economic Update for Mali, entitled “Strengthening Financial Resilience of Pastoralists to Drought,” Mali’s economy showed signs of resilience despite ECOWAS sanctions, high food inflation, and parasite infestations affecting cotton production. GDP growth is estimated at 1.8% driven by the recovery of food agriculture and the resilience of the gold […]

Technology

The PPP summer reading list: Indulging my obsessions

Ah, summer—the season when I briefly forget Ottawa’s brutal winters and turn my thoughts to my adopted city’s picturesque parks, fabulous waterways, winding bike trails, and summer festivals. And—dare I say it—the heart-racing thrill of diving headfirst into the captivating world of infrastructure and public-private partnerships (PPPs). Yes, it’s time for the 2023 PPP summer […]

News Technology

CoreWeave raises $2.3 billion in debt collateralized by Nvidia chips

 Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone and collateralized by Nvidia chips, with the funds to be used to expand to meet rising AI workload, the company said on Thursday. Other lenders in the facility include Coatue and DigitalBridge, as well as BlackRock, PIMCO, and […]

News Technology

Massachusetts regulators launch probe into AI in securities industry

Massachusetts securities regulators have opened an investigation into the ways in which investment firms use artificial intelligence in their interactions with investors, citing concerns about the technology’s potential unchecked use. Massachusetts Secretary of State Bill Galvin, the state’s top securities regulator, on Thursday announced that his office had sent letters of inquiry to a number […]

Business Finance World

Warner Bros Discovery warns Hollywood strikes may hit performance

Warner Bros Discovery warned Thursday that the dual Hollywood strikes by writers and actors could hit its flagging studio business already bruised by high-profile box office flops including “The Flash.” The strikes have disrupted most of the production for the fall TV season and halted work on films as workers battle over pay in the streaming […]

Business Finance News

Hyundai, Kia recall 91,000 US vehicles over fire risks, urge owners to park outside

Hyundai Motor and Kia said on Thursday they are recalling more than 91,000 newer vehicles in the United States because of fire risks and urged owners to park outside and away from structures pending repairs. The recall covers Hyundai 2023-2024 Palisade, 2023 Tucson, Sonata, Elantra, and Kona vehicles and 2023-2024 Seltos and 2023 Kia Soul, Sportage vehicles. […]

Agriculture Business World

One piece of the puzzle to stem Amazonian deforestation and promote rural livelihoods: the bioeconomy

Urgent solutions are needed to stem the massive destruction of natural and cultural wealth in the Amazon rainforest, with deforestation in Brazil on the rise over the past seven years, reaching levels not seen since 2008 . Stimulating the bioeconomy – economic activities that do not destroy forests, instead unlocking natural capital from standing trees – […]