Disney pulling back on making Marvel, Star Wars content, Iger says
Disney CEO Bob Iger said Thursday on CNBC that the company will cut back on its content creation for major franchises Marvel and Star Wars.
Strategist David Roche says we’ll avoid a global recession, central banks will ‘change the goalposts’
Central banks will “change the goalposts without really saying so,” on monetary policy, according to veteran strategist David Roche.
IEA trims oil demand forecast for the first time this year on ‘persistent’ economic headwinds
The IEA on Thursday cut its global oil demand growth forecast for the first time this year, primarily citing a worsening economic outlook.
Will Smith-backed U.S. broker Public launches in the UK in first foray overseas
The move will see Public compete with a flurry of well-established digital brokerage platforms, as well as upstarts like Revolut and Freetrade.
China finalizes first-of-its-kind rules governing generative A.I. services like ChatGPT
Chinese regulators on Thursday said it finalized first-of-its-kind rules governing generative artificial intelligence which will come into effect on Aug. 15.
India’s HDFC Bank signs up over 100,000 customers in digital rupee pilots
The Reserve Bank of India has devised the e-rupee as a digital alternative to physical cash, using blockchain distributed-ledger technology.
Google says Bard can now use images and give audio responses
The improvements come as Google tries to stay ahead of rapidly improving competition from Microsoft-backed OpenAI, Anthropic, and others
Philippines allows ‘Barbie’ movie to be screened, calls China map ‘cartoonish’
Unexpected controversy over China’s “nine-dash line” shows that life in plastic may not always be quite as fantastic.
Inflation is ‘history’ for the U.S, says veteran economist Steve Hanke
Veteran economist Steve Hanke’s believes the U.S. no longer an inflation problem.
China’s exports record biggest decline in more than 3 years
China’s exports contracted more than expected in June, hit by shrinking global demand and adding to concerns about the world’s second-largest economy.
