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WHAT'S NEW?: Moves away from traditional, hierarchical, full-time structures towards a gig and shared economy continue apace. New models of virtual working and work anywhere, anytime for anybody are likely to grow dramatically in the coming years.

  • Open models and open datasets will help to improve safety through transparency, foster competition, and ensure the United States retains strategic leadership in critical AI capabilities. Reddit
  • The reallocation of production to other countries will continue amid pressures to decouple or de-risk from China in a large share of advanced economies. S&P Global Platts
  • The NYSE American - and TSX-V-listed company in March announced a formal production decision for the resumption of uranium production from Alta Mesa early 2024. Mining Weekly
  • The High and Low Competitiveness cases form a range of what outcomes in Michigan could occur under a Current Policy scenario. World Resources Institute
  • In the Current Policy scenario, the United States and Michigan reach around 50% of LDV sales in 2030 and around 90% of sales in 2040. World Resources Institute
  • The top-ranked business priority for Australian manufacturers in the year ahead is investing in new technology, with 87% of manufacturers expect to increase expenditure - even higher in regional locations, where 99% of manufacturers are planning to invest more. CommBank
  • The dramatic digital transformation underway worldwide is fuelling a surge of technology innovation and sparking economic growth opportunities across global markets. BusinessToday
  • The combination of shuttering the San Francisco office in order to create a remote-work environment and moving the Pac - 12 Networks production studio to a location in the East Bay are expected to save $5 million annually (per Hotline estimates) starting in the 2023 fiscal year. The Mercury News
  • Walt Disney will soon begin removing programs from its namesake streaming service, the latest step in its efforts to reduce losses in that business. Moneyweb
  • The Food inflation in Saudi Arabia is 2.4% which is expected to increase because of global supply chain disruptions due to global happenings like Russia-Ukraine War, Ban of export of food products in countries like Indonesia and much more. Marmore MENA
  • Investment in hepatitis C would generate $46 billion in cumulative productivity gains and become cost-saving by 2027, with a net economic benefit of $22 billion by 2030. STAT
  • The Torrens battery represents a real and present danger to the economic and technical viability of AGL's main business at Torrens Island - gas power generation and services. reneweconomy
  • Prospect expects sales at TJX UK to continue to grow over the next few years, benefiting from shoppers seeking more individual items with an appealing brand name, but at single-digit rates as shoppers rein in fashion and homewares spend while other costs remain high. Retail Week
  • After a two-year wait, the UK has finally announced its semiconductor support plan, aiming to grow the domestic sector, increase its competitiveness, and reduce the risk of supply chain disruptions. TNW | Deep-Tech
  • The near peer threats posed by China and the Russian invasion of Ukraine is driving the national defence strategy and has created added demand for Lockheed Martin's advanced effective solutions. Truthout
  • The shift to clean energy could be transformative for Australia's regional communities, providing low-cost, renewable energy to consumers and long-term employment pathways in the clean energy sector. pv magazine Australia
  • The federal government will legislate a national Net Zero Authority to plan, coordinate and provide advice on the transition to renewable energy, ensuring coal-dependent communities, industries and workers can seize the opportunities presented by Australia's net-zero transformation. pv magazine Australia
  • Digital trade rules under the A-UKFTA will provide greater certainty and facilitate trade for Australian businesses looking to grow their digital footprint in the UK. Director
  • After five years, all UK imports will enter Australia duty free, helping ease cost-of-living pressures for households and input costs for Australian business. Director
  • The Albanese Government will legislate a national Net Zero Authority to ensure the workers, industries and communities that have powered Australia for generations can seize the opportunities of Australia's net zero transformation. Director
  • While the US Federal Reserve in the past week suggested it thought it might be done with rate moves for now, markets are predicting by another 0.25 hike from the MPC in August and another in September to take the base rate to a peak of 5%. Proactiveinvestors UK
  • Houston's position as a hub for the energy sector, technology companies and a growing life-sciences center offers opportunities for businesses to thrive and the firm to grow. Global law firm moving to larger offices in tower near

Last updated: 22 May 2023