Tourism on path to pandemic recovery
International tourism has continued to recover from the worst crisis in its history as arrival numbers reached 84% of pre-pandemic levels between January and July 2023, according to the latest data from UNWTO. The Middle East, Europe and Africa lead the global...
GenAI to enhance creativity, automate routine tasks
How will large language models (LLMs), deep-learning algorithms that can recognise, summarise, translate, predict and generate content using very large datasets, affect current and future jobs? That is the focus of the new World Economic Forum white paper Jobs of...
EMEA external storage market on slow path to recovery
The EMEA external storage systems market was down 5,4% year-on-year in dollars and 10% in euros in 2020Q3, according to International Data Corporation's (IDC) EMEA Quarterly Disk Storage Systems Tracker. Once again, the quarter saw marked differences across...
Global digital payments market set for 23,7% growth
While it was already under way prior to the pandemic, the global shift to digital payments has been positively affected by the crisis. According to the research data analysed and published by Finnish website Sijoitusrahastot, the global digital payments market grew by...
SA kicks off trade agreements with Africa, UK
1 January 2021 marked the start of preferential trade for South Africa under two new trade agreements: the African Continental Free Trade Agreement (AfCFTA) and with the UK under the SACU, Mozambique-UK Economic Partnership Agreement. South Africa has put in place the...
WikiLeaks’ Assange avoids extradition to the US
Julian Assange, founder of the whistle-blowing site WikiLeaks, has escaped extradition to the US – for now. A UK judge today ruled that extraditing him to the US would be “oppressive”, citing his mental health and risk of suicide. The US is appealing the ruling, and...
Alibaba’s Jack Ma missing for two months
Chinese entrepreneur and billionaire Jack Ma hasn’t been seen in public for more than two months, and is feared missing after he levied criticism at the Chinese government. In October, Ma went public with criticism of the government’s banking rules, saying in an...
Renewables investments set to bounce back to pre-Covid levels
Global capex spending on renewables is poised to bounce back in 2021, rising 8,5% to $255-billion - in line with 2019 levels. According to Roger Diwan, vice president: financial services and the IHS Markit Energy Advisory Service, annual spending is expected to remain...
5G coverage to reach half the population by 2025
5G technology global coverage will grow by 253,84% in the next five years. By 2025, about 53% of the global population at 4,14-billion will have access to technology, according to data presented by Bankr. By 2021, the network coverage will reach an estimated...
Global cyber insurance market set for massive growth
Over the years, cyber attacks and data breaches became one of the biggest risks in the business sector, compromising sensitive data, and causing a massive financial hit to companies and organisations worldwide. As data applications and technology in the business...
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