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Global economy stories

Ransomware's business model reshapes costs as cybercrime hits USD $10.5 trillion
Ransomware

Ransomware's business model reshapes costs as cybercrime hits USD $10.5 trillion

Ransomware has evolved into a profit-centric business, driving cybercrime costs to USD $10.5 trillion and reshaping global cybersecurity risks and responses.

By Melania Watson • 6 min read • Tue, 21st Oct 2025
Manufacturers embrace AI & tech to overcome supply chain pressures
Digital Transformation

Manufacturers embrace AI & tech to overcome supply chain pressures

Manufacturers face supply chain pressures and skills shortages but embrace AI and digital tech to boost efficiency and resilience globally.

By Kaleah Salmon • 4 min read • Wed, 1st Oct 2025
Digital sovereignty linked to 5x ROI in enterprise AI adoption
Digital Transformation

Digital sovereignty linked to 5x ROI in enterprise AI adoption

Enterprises prioritising digital sovereignty over AI and data achieve up to five times higher ROI, outperforming peers with secure, scalable AI platforms, says study.

By Catherine Knowles • 4 min read • Fri, 19th Sep 2025
US leads decline in global business hotel bookings in early 2025
Global economy

US leads decline in global business hotel bookings in early 2025

Global business hotel bookings fell 5.35% in H1 2025, led by a 10.65% US decline amid tariff uncertainty and reduced advance planning.

By Sean Mitchell • 4 min read • Fri, 12th Sep 2025
Contract inefficiencies cost global economy AUD $3.13 trillion
Data Analytics

Contract inefficiencies cost global economy AUD $3.13 trillion

Inefficient contract management costs the global economy AUD $3.13 trillion annually, hindering productivity despite advances in digital tools and AI adoption.

By Melvin Hipolito • 4 min read • Mon, 7th Jul 2025
Stripe unveils AI payments model & stablecoin accounts amid growth
Crypto

Stripe unveils AI payments model & stablecoin accounts amid growth

Stripe unveils AI-powered payments model and stablecoin accounts, enhancing fraud detection and global money management in 101 countries.

By Sean Mitchell • 4 min read • Tue, 20th May 2025
TCS ranked 45th most valuable brand globally, valued at USD $57.3bn
Digital Transformation

TCS ranked 45th most valuable brand globally, valued at USD $57.3bn

Tata Consultancy Services climbs to 45th in Kantar BrandZ 2025 report, hitting a brand value of USD $57.3bn with 28% annual growth.

By Melania Watson • 4 min read • Fri, 16th May 2025
OpenAI forum explores how reasoning AI will shape global economics
Large Language Models

OpenAI forum explores how reasoning AI will shape global economics

OpenAI's forum revealed how reasoning AI, like the new O-series models, is set to transform global economics, work, and international security strategies.

By Melvin Hipolito • 5 min read • Wed, 14th May 2025
EY unveils AI platform with NVIDIA to transform industries
Unified Communications

EY unveils AI platform with NVIDIA to transform industries

EY has launched the EY.ai Agentic Platform with NVIDIA, aiming to enhance tax, risk, and finance sectors through AI-driven solutions.

By Sean Mitchell • 3 min read • Wed, 19th Mar 2025
Perforce report examines AI impact on automotive software
Supply Chain

Perforce report examines AI impact on automotive software

Perforce's 2025 State of Software Report reveals automotive developers face rising AI integration and safety challenges, with 50% citing the global economy as a key issue.

By Shannon Williams • 3 min read • Sun, 16th Mar 2025
IWD 2025: Building an Equitable AI Future
Supply Chain

IWD 2025: Building an Equitable AI Future

As International Women's Day 2025 arrives, leaders are urged to build an equitable AI future, valuing inclusion over speed in technological growth.

By Wendy Gonzalez • 6 min read • Sat, 8th Mar 2025
AI reshaping procurement & security: experts weigh in
Artificial Intelligence

AI reshaping procurement & security: experts weigh in

The rise of artificial intelligence is reshaping procurement and cybersecurity, as firms look to harness its potential while safeguarding critical data.

By Shannon Williams • 3 min read • Thu, 6th Feb 2025
Crypto industry poised for major growth in 2025
Crypto

Crypto industry poised for major growth in 2025

Adrian Przelozny forecasts a transformative 2025 for cryptocurrency, buoyed by pro-crypto US policies and growing institutional investment.

By Kaleah Salmon • 3 min read • Wed, 11th Dec 2024
Zendesk appoints Mitch Young to lead Asia Pacific growth
Fintech

Zendesk appoints Mitch Young to lead Asia Pacific growth

Zendesk has appointed Mitch Young as Senior Vice President for Asia Pacific, tasked with driving the company's growth in key markets like Australia and India.

By Imee Dequito • 2 min read • Thu, 5th Dec 2024

Stories from Other Regions

Global economy stories

Singapore Budget 2025 prioritises SMEs & digital growth
Digital Transformation

Singapore Budget 2025 prioritises SMEs & digital growth

Singapore's 2025 Budget launches extensive measures to boost SME competitiveness, featuring a USD $3 billion productivity fund and AI integration support.

By Sean Mitchell • 3 min read • Fri, 21st Feb 2025
UK accountants face rising demand for strategic advice
Partner Programmes

UK accountants face rising demand for strategic advice

A study by Modulr reveals that 75% of UK accountants are facing rising demand for advisory services, while inefficiencies in payment processes hinder productivity.

By Kaleah Salmon • 3 min read • Tue, 11th Feb 2025
Fund the herd: How New Zealand can become a global innovation powerhouse
Agricultural Technology

Fund the herd: How New Zealand can become a global innovation powerhouse

New Zealand stands on the brink of becoming a global tech leader, but it must cultivate more sustainable start-ups rather than focusing solely on unicorns.

By Darren Ward • 4 min read • Tue, 28th Jan 2025