The UK’s new government has promised to take action to “promote a positive work-life balance for all workers”, and to prevent homes “turning into 24/7 offices”. The risk of “always on” working has grown since…
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By Yantoultra Ngui and Florence Tan SINGAPORE (Reuters) -Exxon Mobil Corp has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country’s upstream sector where it used to…
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South African President Cyril Ramaphosa’s opening of parliament speech successfully captured the spirit of a diverse and cohesive multi-party government ready to get down to work. But it failed to tell South Africans how the…
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This weekend’s global IT outage caused by a software update gone wrong highlights the interconnected and often fragile nature of modern IT infrastructure. It demonstrates how a single point of failure can have far-reaching consequences.…
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Central bank digital currency (CBDC) can fulfil the role of cash as retail public money to help maintain a well-functioning monetary system, a paper from the Bank of Canada (BoC) argues. BoC researchers Francisco Rivadeneyra,…
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By Brendan Pierson (Reuters) – A U.S. appeals court on Friday ruled that a regulation ordering deep cuts in power plants’ carbon emissions can go ahead while it considers a challenge from more than two…
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Businesses are often tempted to cut their marketing budgets for the short-term savings it provides – but those cuts can cause problems in the long term. A new study my colleague Tarun Kushwaha and I…
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Speech by Klaas Knot, Chair, Financial Stability Board, at the Committee on Payments and Market Infrastructures (CPMI) conference on the ‘Progress and priorities on the G20 cross-border payments roadmap’ in Florence, 11 July 2024 The views…
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A massive IT outage is currently affecting computer systems worldwide. In Australia and Aotearoa New Zealand, reports indicate computers at banks, media organisations, hospitals, transport services, shop checkouts, airports and more have all been impacted.…
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Gold is approaching its record highs, rising 50% from its 2022 lows and 25% since mid-February. According to Morgan Stanley commodity strategists, this surge is driven primarily by the physical market, with central bank purchases…
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