NEW YORK (NewsNation) — Diamonds have been a symbol of love and commitment but with the rise of man-made diamonds, there’s a new option for couple who want to get engaged on a budget. The trend of lab-grown diamonds hasn’t reached the Diamond District in New York City. Still, shop owners believe it’s steadily approaching … Read more
Commonwealth Bank is cutting almost 200 jobs across three Australian capital cities, blaming a downturn in retail banking, a union representing workers said. The Financial Sector Union said, following talks with Commonwealth Bank Australia, 192 jobs would be cut from Sydney, Melbourne and Perth in sectors including consumer finance, everyday banking, home buying operations and … Read more
The Nifty Bank fell more than 1% for the week ended 22 December 2023, tracking the mixed trends seen in Indian markets amid a rise in Covid cases, profit booking at higher levels, and geopolitical concerns. The Nifty Bank fell from 48,143 as on 15th December 2023 to 47,491 recorded on 22 December 2023, which … Read more
Once we get computers to match human-level intelligence, they won’t stop there. With deep knowledge, machine-level mathematical abilities, and better algorithms, they’ll create superintelligence, right? Yeah, there’s no question that machines will eventually be smarter than humans. We don’t know how long it’s going to take—it could be years, it could be centuries. At that … Read more
Fittingly, a forgettable year for the economy ended on a downbeat note, with the last set of official data for 2023 showing the UK uneasily perched on the brink of recession. That should come as little real surprise. Higher interest rates from the Bank of England were meant to hurt – and they are. Borrowing … Read more
(NEXSTAR) — An 80-year-old heir to the Hermès fortune has an unconventional idea of how he wants pass down his massive wealth. Nicholas Puech, whose mother is Yvonne Hermès, is a member of the fifth generation of one of the wealthiest families in the world. Puech’s real-time net worth is near $12 billion, according to … Read more
Digital wallets such as Google Pay and Apple Pay would be regulated under draft laws released by the federal government. It is the next step in the government’s plan to modernise the nation’s payments system, which includes phasing out cheque payments by 2030. The plan is expected to go before parliament this year, so digital … Read more
China’s air pollution worsened in 2023, the first time it has done so in a decade, a study released on Friday said. “2023 is the first year that China’s national average PM2.5 level has increased year-on-year since the beginning of China’s ‘war on pollution’ in 2013,” a study by independent research organisation the Centre for … Read more
DETROIT, Mich. and TOLEDO, Ohio — Whether they are brand-new temps or 25-year veterans, the auto workers battling the “Big Three” in an unprecedented strike say they are fighting to restore their jobs to the gold-standard working-class careers they were in previous generations. Wages in the auto industry writ large have dropped nearly 20% since … Read more
It was nice of Royal Mail to send me a message. “Delivered”, it said. To prove it, there was a photo of my parcel on the doorstep. Except it wasn’t my front door, or anything like it, but some kind of white marble flooring inside a block of flats. And there was no parcel on … Read more
