UK SME Growth Predictions Plummets Since 2021, Reports

UK Small and medium-sized enterprise (SME) growth predictions have hit their lowest point since January 2021, according to the latest Business Barometer study by Novuna Business Finance. The study, which tracks small business growth forecasts every quarter, indicates a concerning trend in

Binance to Resume Operations in India After Paying Fine

Binance, the world’s largest cryptocurrency exchange, is set to re-enter the Indian market after agreeing to pay a $2 million fine and registering as a Financial Intelligence Unit (FIU) firm, according to recent reports. The move comes after Binance, along with nine

ITC Infotech to Acquire Blazeclan Technologies

ITC Infotech, a subsidiary of ITC, has entered into a share purchase agreement to acquire 100% of Blazeclan Technologies’ share capital for up to Rs 485 crore, including contingent consideration based on achieving specific targets. Blazeclan Technologies is a born-in-the-cloud consulting firm

OpenAI Expands Presence with First Office in Asia

OpenAI is set to mark its footprint in Asia with the inauguration of its first office in Tokyo, Japan. The announcement comes as the AI research organisation seeks to deepen its collaborations with local businesses and researchers, including industry giants like Toyota

Alibaba.com Unveils Academy for Women Entrepreneurs in Europe

Alibaba.com has taken a significant step towards fostering gender equality in the business landscape with the launch of its Academy for Women Entrepreneurs (AWE) in Europe. The initiative aims to empower female entrepreneurs by offering advanced educational training, mentoring, and networking opportunities.

McCain Foods Acquires Majority Stake in Strong Roots

McCain Foods has announced the acquisition of a majority stake in Strong Roots, a Dublin-based plant-based frozen food company. This strategic move comes after McCain’s initial investment of $55 million in 2021, acquiring a minority stake in the innovative company. Founded in

Japan Unveils New AI Guidelines for Businesses

In a move aimed at fostering responsible AI innovation while safeguarding societal values, Japan has introduced its Draft AI Guidelines for Businesses. Developed by the Ministry of Internal Affairs and Communications and the Ministry of Economy, Trade and Industry, these guidelines provide

Google Considers Charging for AI-Powered Search

Google is contemplating a significant shift in its business model by considering charging for new “premium” features driven by generative artificial intelligence. This potential revamp of its flagship search engine would represent the first time the tech giant has placed any of

Spain to Guarantee Up to 80% of SME Bank Lending

In Spain, the government has unveiled its burden-sharing scheme for banks to provide state-backed credit lines, aiming to assist companies in mitigating the impact of the coronavirus crisis. The initial tranche of 20 billion euros (18.4 billion pounds) is part of a

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