Category Archives: Business

Nissan to lay off 12,500 employees worldwide amid restructuring

The Nissan announced on Thursday a cut of 12,500 employees in six operations in the world, in the midst of a restructuring and falling sales process. In the first quarter of the fiscal year (April to June), the group’s net profit plummeted 94.5% to 6.4 billion yen (about 52 million euros), according to a statement released today. Nissan’s global sales… Read more »

The dollar recorded another rising day and broke the $44 barrier in the City of Buenos Aires

The dollar advanced 17 cents on Wednesday and was sitting, on average, at $ 44.06 in agencies and banks of the city ​​of Buenos Aires, as a consequence of the uncertainty generated by the primary, open, simultaneous and mandatory elections. This is because unlike what happened in the previous round, the international market was stable. Meanwhile, the wholesale dollar closed… Read more »

Coca-Cola grows with other products and launches alcoholic beverage

Coca-Cola announced last Tuesday that they will sell their first alcoholic drink in Japan and can take the product to other countries. This new product, named Lemon-Do, is a version of what in the Asian country is known as shochu, a crimson drink based on a lemon-flavored grain ferment. Japan’s liquor market has been shrinking due to the shrinking population,… Read more »

OpenAI Forms Exclusive Computing Partnership with Microsoft to Build New Azure AI Supercomputing Technologies

Microsoft Corp. and OpenAI, two companies that think deeply about AI’s role in the world and how to build secure, reliable and ethical AI to serve the public, have teamed up to further extend the capabilities of the Microsoft Azure platform in large-scale AI systems. Through this partnership, companies will accelerate AI innovations and leverage OpenAI’s efforts to create artificial… Read more »

IMF and World Bank seek to renew 75 years of foundation

The World Bank and the International Monetary Fund seek a reinvention to overcome new crises and adapt to phenomena such as the emergence of virtual currencies. Both financial institutions were born during World War II, on July 22 1944, at the initiative of 44 countries to avoid a new crisis like that of 1929. After 75 years of its foundation,… Read more »