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Global GDP growth to be lowest for decades – World Bank

Economic growth across the world is forecast to slow for the third year in a row in 2024   The global economy is on track for its worst five-year period of growth in at least three decades, the World Bank warned in its latest ‘Global Economic Prospects’ report released on Tuesday.

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Intel announces specialized AI chips for cars

The company says the technology will provide a more personalized driving experience US chipmaker Intel is getting ready to roll out an AI-focused chip for the automotive sector, the company announced at the Consumer Electronics Show (CES) in Las Vegas on Tuesday.

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Prosperity or ruin? Here’s what to expect from the global economy in 2024

As we enter 2024, a convergence of robust economic activity and waning inflationary pressures has shifted the prevailing market narrative towards the likelihood of a soft landing. The past year has been marked by unforeseen developments, deviating from the trends anticipated by many. Contrary to widespread predictions, the expected recession in the US did not…

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