Newsletter Jul 26, 2023

IMF raises 2023 economic outlook but warns of slowing global growth

The International Monetary Fund has slightly upgraded its outlook for world growth this year on the back of resilient service sector activity in the first quarter and a strong labor market, the lender said Tuesday.

Stocks advance cautiously ahead of central bank rate moves

European and US stocks mostly made cautious advances on Tuesday as investors awaited central bank rate decisions, while stimulus pledges by Chinese leaders dominated Asian trading.

Record grain harvest eyed as market under pressure

The world is heading for a record grain harvest in the 2023-2024 season thanks to gains for maize and rice, but the market remains under pressure thanks to El Nino and risks due to the war in Ukraine.

Government's climate policies must be implemented 'proportionately and pragmatically' – Sunak

The current government climate strategy outlines policies and proposals for decarbonising all sectors of the UK economy to achieve net zero emissions by 2050.

British berry sector facing critical challenge amidst rising production costs

The British berry sector is confronting a critical challenge as retailers fail to keep pace with growers' increasing production costs.

Study reveals 81% UK online shoppers 'are concerned about fashion's environmental impact'

Makip exposes that the majority of UK online shoppers are worried about the environmental consequences of ordering multiple clothing items in various sizes.

Putin signs law banning sex change surgeries in Russia

It's no secret that Russian President Vladimir Putin is not a supporter of the LGBTQ community.

UK government report finds cybersecurity skills gap stagnant despite increased demand

UK report reveals stagnant cybersecurity skills gap despite increased demand, emphasizing the need for diversity and talent pool expansion.

Advertisers planning to move their ad spending from Twitter to Threads

After debuting earlier this month, Threads has amassed over 100 million sign-ups, catching the attention of several companies and digital marketing agencies.

Microsoft, Google beat earnings expectations amid AI frenzy

Tech titans Google and Microsoft announced better-than-expected earnings on Tuesday as the frenzy over artificial intelligence stokes investor excitement and breathes a new life into the sector.

Android 14 to get SMS via satellite feature like iPhone 14

A demo video shared by a reliable leaker has given us our first glimpse into Android 14's new notetaking feature for styluses.

Humanitarian aid in northwest Syria is dying out

Two weeks ago, Russia vetoed the 9-year-old UN mandate that allows the distribution of support and resources to the 4.1 million people in northwest Syria.

Green Prescribing could address the mental health pandemic in Brits

A recent study showed how the NHS could more than £600 million yearly if green prescribing becomes a norm as it can address mental health issues like depression.

Travel warning as serious infection spreads rapidly across popular summer destinations

Spain is one of the most visited countries in the summer every year.

Hollywood heavyweights lead strike rally in Times Square

Hollywood A-listers including Emmy winner Bryan Cranston and a group of Oscar winners on Tuesday led a large rally of striking actors and writers in New York's Times Square, as the stalemate with studios and streamers dragged on.

Florida ocean temperature topped 100F, setting potential record

Shallow waters off south Florida topped 100 degrees Fahrenheit (37.8C) for several hours on Monday, potentially setting a new world record with temperatures more commonly associated with hot tubs.

NBA star Giannis Antetokounmpo offers himself to Al-Hilal in place of Mbappe

The basketball star reacted to the massive salary Mbappe could potentially earn in Saudi Arabia.