Saudi Arabia’s real gross domestic product (GDP) decreased by 0.3% in the second quarter of 2024 compared to the same quarter of 2023, while seasonally adjusted real GDP grew by 1.4% compared to the first quarter of 2024, according...
Morgan Stanley no longer has an explicit financing goal to tackle plastic pollution, as the Wall Street bank quietly shelves an earlier target. In its latest ESG report, Morgan Stanley omits an earlier pledge to facilitate the prevention, removal or...
First Quantum Minerals has met with Argentine government authorities about the start of construction of the $3.5 billion Taca Taca copper project in Salta. The representatives of the Canadian mining company met with Argentine officials and announced that they will...
Australian gross domestic product (GDP) rose 0.2 per cent (seasonally adjusted, chain volume measures) in the June quarter 2024 and by 1.5 per cent in the 2023-24 financial year, according to figures released by the Australian Bureau of Statistics...
First Majestic Silver is buying fellow Canadian explorer and developer Gatos Silver in an all-share transaction valued at $970 million. The move hands First Majestic a group of high-grade, large silver deposits in the Los Gatos silver district of Mexico’s...
The United Kingdom, the United States and the EU intend to sign the first international agreement on the use of artificial intelligence (AI), which will be legally binding. According to her, we are talking about a document of the Council...
The market’s “superb” results reflected “a combination of disciplined underwriting, smart organic growth and real strength in the Lloyd’s balance sheet”. Commercial insurance market Lloyd’s of London on Thursday (Sep 5) reported a 26 per cent jump in first-half pre-tax...
The International Chamber of Commerce’s (ICC) Digital Standards Initiative (DSI) for trade documents has come a long way since its founding in 2020. In April it published a document that outlined no less than 36 different trade documents and...
It says significant growth is expected in the Asia-Pacific region. Global family offices are booming, with significant growth in North America and the Asia-Pacific (Apac) region expected in the next six years. Total estimated family wealth stands at US$5.5 trillion currently,...
Lloyds Bank is to use AI technology from Cleareye to eliminate the manual drudgery of paper processing and compliance checking for trade finance documentation. Set for deployment this month, the technology will use optical character recognition machine learning, and natural...
