Global economy stories

FedEx's latest economic impact report reveals a USD $1.7 billion boost to the Asia-Pacific economy in FY 2024, enhancing regional commerce and connectivity.

New research reveals UK STEM professionals lose six hours weekly due to inadequate AI access, costing the economy GBP £64 billion annually.

Everest Group aims to boost impact sourcing in tech services from 350,000 to 500,000 by 2025, with projections of 505,000 to 535,000 for 2024.

Fiverr's new Financial Services Vertical targets startups with critical finance roles, reflecting a 7.7% industry growth. The platform now offers nearly two dozen specialty financial services, from asset valuation to fractional CFOs.

Certinia has launched its Customer Success Cloud, seamlessly integrating with its Professional Services Cloud to offer unified customer journey insights and collaboration tools, built natively on Salesforce.

A Certinia report reveals 43% of firms see staff AI training as key for 2024, while 38% plan to hire AI talent. Will firms adapt swiftly enough?.

Alcatel-Lucent Enterprise expands partnerships with ACA Pacific and Exclusive Networks Singapore to offer Network as a Service.

AI could revolutionise KiwiSaver accounts by providing real-time data insights, optimising investments, and driving wealth creation for 3.25+ million investors.

New report reveals a worrying concentration of cyber risks in just 15 vendors, underlining the global economy's vulnerability to third-party cyber threats.

Code Institute introduces a €250,000 Spring Scholarship Fund, aiming to remove financial barriers for aspiring software developers amid global economic difficulties.

Tech Secretary Michelle Donelan announces a £1.5m government campaign to stimulate investment in UK science and technology startups.

'AI-nxiety' amongst tech professionals is prevalent, but generative AI presents an opportunity rather than a threat, potentially driving further innovation and efficiency within the industry.

The scarcity of women in Aotearoa's tech sector, including cybersecurity, exacerbates risks of talent shortage, low productivity, staff turnover, and weaker business outcomes, experts warn.

In light of the massive cybersecurity breach impacting Ivanti solutions, firms are urged to embrace cyber resilience for business continuity, demonstrating greater fortitude against potential disruptions.

Sovos bolsters key positions by appointing Elcim Sirek and Marcelo Souza as vice presidents of sales for the EMEA and LATAM regions.

maincubes, a top European data centre owner, plans to build its largest centre to date, FRA04, in Frankfurt's Rhine-Main Area, boasting a massive 40MW IT capacity and designed to meet rising needs for hyperscale and AI infrastructure.

Generative AI is transforming personal computers (PCs) from mere consumer technology to platforms for innovation, set to revolutionise the way we live and work.

Survey ahead of World Economic Forum reveals geopolitical turmoil, financing conditions and AI disruption are set to create a year of global economic unpredictability.

EY report warns energy transition towards renewables may be derailed by challenges and risks.

Eagle Eye Group hires Jean-Matthieu Schertzer as its first Chief AI Officer, aiming to bolster AI-driven personalised retail promotions.