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The United Arab Emirates has asked the United States for a financial safety net in case the Iran war plunges the region into a deeper crisis, the Wall Street Journal reported on Monday, citing US officials. The talks highlighted the UAE’s concern that the war could inflict major damage on its economy and its position…
New Delhi: Using the one-month window provided by a temporary US sanctions waiver, Indian refiners purchased Iranian oil and settled payments in Chinese yuan, people aware of the development said on Friday. Iran insists on payment in Chinese yuan for oil to bypass US-led financial sanctions that restrict its access to the dollar-dominated global banking…
Eric Yuan, the CEO of Zoom, has predicted that the standard way of working in office is going to change sooner than expected. He said that the five-day workweek is headed for the history books because with the rapid rise of artificial intelligence (AI), humans may soon only need to work three days a week….
AI image used for representative purposes Following improved India-China relations, the authorities, including the International Financial Services Centre Authority (IFSCA), are evaluating a banking sector proposal to enable International Banking Units at Gujarat International Finance Tec City (GIFT City) to conduct transactions in offshore renminbi (CNH).GIFT City operates as a global financial services hub, serving…
The future of work may be shorter than we think. Zoom CEO Eric Yuan has now joined the growing chorus of tech and business leaders — including Bill Gates, Nvidia’s Jensen Huang and JPMorgan Chase CEO Jamie Dimon in predicting that AI will lead to a 3-day workweek in the future. In a recent interview…
