Business

Investors have adopted a fresh rallying cry as they brace for artificial intelligence to reshape the world economy – the Halo strategy. Attention to Halo – an abbreviation for “heavy assets, low obsolescence” – has grown as capital seekers look for firms that own concrete, productive resources, which may be less vulnerable to

Harrods is confronting a tribunal claim over a £1‑per‑person cover charge added to diners’ bills that, according to staff, does not reach employees. The case could set a precedent for a number of upscale eateries. The rule, which took effect in October 2024, obliges owners to pass all

Donald Trump’s efforts to mediate peace in Ukraine may hinge on one critical issue: can the U.S. leader persuade nations to reduce their reliance on Russia’s energy exports? Recently, Trump introduced sanctions against two of Russia’s biggest oil firms, Rosneft and Lukoil, aiming to weaken Moscow’

Navigating the economic landscape as a centrist thinker is challenging in today’s politically charged environment, where every viewpoint is quickly categorized into rigid ideological positions. A sentiment often linked to Leon Trotsky applies here—centrist economists may avoid conflict, but conflict finds them regardless. Take, for example, my 2016

Artificial intelligence may assist authors in overcoming creative hurdles, according to the head of the publishing company Bloomsbury. Nigel Newton, founder and chief executive of the firm behind the *Harry Potter* series, suggested that while AI could support various creative fields, it would not replace well-known writers entirely. "AI

Oil Prices Rise After US Imposes Sanctions on Russian Firms The price of oil has increased after the United States imposed restrictions on Russia’s two largest energy companies, intensifying pressure on Moscow to engage in talks to end its conflict in Ukraine. The new measures against Rosneft and Lukoil