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More upheaval may await Europe’s carmakers

Location:

EU

Speculation that Europe’s carmakers might be exploring partnerships to produce more affordable electric vehicles (EVs) and withstand global competition, particularly from China…

Foreign firms' influx will accelerate Saudi change

Location:

SAUDI ARABIA

Without this, companies will not be awarded any government contract worth more than SAR1mn (around USD220,000). To date, the government has issued 162 regional headquarters…

Prospects for the global economy in 2024

Location:

PROSPECTS 2024

Weak trade and fiscal policy constraints suggest global GDP growth will slow somewhat in 2024, with China and the United States losing momentum. Hopes for growth-boosting rate…

Green bond issuance will gradually grow in the Gulf

Location:

GULF STATES

Meanwhile, in the United Arab Emirates (UAE), a surge in green issuance from Emirati banks highlights the growth in a debt market that can help fund efforts to mitigate and adapt…

As it considers regulation Canberra must also boost AI

Location:

AUSTRALIA

Lack of a clear regulatory framework has been partially blamed for Australia’s relatively slow take-up of AI by the business sector. Although there is already a code of ethics for…

US oil and gas revival will reach new records in 2024

Location:

UNITED STATES

Unlike earlier booms based on exploiting new fields, US producers are raising production by adopting new technologies, process efficiencies, economies of scale and financial…

Climate policies to alter global business environment

Location:

INTERNATIONAL

Accelerating climate change threatens vast human and economic loss. In response, developed-country governments are legislating to force businesses to change while also seeking to…

Industry needs may prompt East European school reform

Location:

EASTERN EUROPE

PISA measures, internationally, 15-year-olds’ ability to use their reading, mathematics and science knowledge and skills to meet real-life challenges. For the Visegrad Four (V4 -…

Long commercial property downturn has lasting impacts

Location:

INTERNATIONAL

Lower demand for office space, the unprecedentedly sharp increase in rates, and pressure for buildings to upgrade to meet environmental regulations and compete with home working…

South Africa logistics crisis will be tough to resolve

Location:

SOUTH AFRICA

The deal represents a major step forward in efforts to reform the transport sector, but dysfunctional rail and port networks continue to constrain exports and economic growth.