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Development Featured Innovation News Productivity

The global impact of AI: Mind the gap

Artificial intelligence is widely seen as a transformative force for productivity and innovation. Yet, its macroeconomic implications remain uncertain, especially from a global perspective. This column shows how structural differences in AI exposure, preparedness, and access in advanced economies, emerging markets, and low-income countries shape the distribution of AI-induced productivity gains. While improvements in AI […]

Energy Business Environment Featured

NRG Energy shares hit all-time high on $12 billion power assets deal

 NRG Energy said on Monday it would acquire power generation assets from energy infrastructure investment firm LS Power in a deal valued at $12 billion, as the U.S. utility bets on surging electricity demand, sending shares up more than 24% to hit an all-time high of $148.30. With U.S. power demand set to hit record highs in […]