The Strategist

The Strategist
Latest News & Analysis
Companies & CEOs

Toyota sells record number of cars

MaxPixel
Toyota Motor Corp. announced today that its February worldwide sales reached a record high and that global production rose for a second consecutive month, which means a recovery after a serious pandemic-related parts shortage. At that, the biggest...

FTX founder accused of bribing Chinese officials

Cointelegraph
Sam Bankman-Fried, the creator and former CEO of the FTX cryptocurrency exchange, was accused of planning to bribe one or more Chinese officials to unlock his hedge fund accounts, according to court documents. Bankman-Fried was charged by the New...

Reuters: BP plans to buy solar energy company

Oregon Department of Transportation
BP may fully acquire the solar energy company Lightsource, say Reuters’ sources. According to Reuters, which cited three industry sources, the British oil and gas company BP is in negotiations to purchase the remaining shares of Lightsource BP,...

Coinbase receives notice of impending prosecution

ccnull.de
The US Securities and Exchange Commission (SEC) has informed US cryptocurrency exchange Coinbase of upcoming accusations against the business, according to a statement the exchange made public. The statement reads: "The SEC today issued a Wells...
Markets & Industries

Bank of Canada: We will support bank industry if necessary

Bank of Canada - Banque du Canada
The Bank of Canada stated on Wednesday that it is ready to help if the financial system experiences extreme strain, but added that it would only provide emergency liquidity in the direst circumstances while attempting to reduce subjective risk. The...

U.S. Consumer Confidence Index rises in March

Lorie Shaull
The Conference Board analysis company stated that the U.S. consumer confidence index increased to 104.2 points in March from a revised 103.4 points in February. At that, the indicator was expected to fall from its initial value of 102.9 points a...

UK Chief Secretary to the Treasury Glenn: Britain's banking system is resilient amid crisis

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John Glenn, Chief Secretary to the Treasury, referred to the British financial system as resilient in light of the Credit Suisse crisis and Silicon Valley Bank's failure. On March 10, U.S. California regulators shut down Silicon Valley Bank, one of...

CNPC expects growth of oil refining in China

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According to CNPC's research center, China's oil refining is predicted to increase by 7.8 percent this year. China's crude demand may be recovering after falling last year. According to a yearly forecast published on Monday by CNPC's Economics and...
In-depth coverage

The challenges Covid-19 is posing to learning, teaching, and working in society

At enlightED Virtual Edition 2020, leaders of higher education institutions discussed taking “a crash course into the future”
>>> Zoom on Earth

For Etienne Couëlle, “the public health and economic crises have demonstrated just how resilient Oberthur Fiduciaire is”

Having been recently appointed as General Manager of Oberthur Fiduciaire, Etienne Couëlle must deal with a global health crisis that is expected to continue impacting economies around the world. Our discussion with this key player in the global security printing provides insight into a business that is as discreet as it is innovative. What has been the impact of the public health an...
World & Politics

London loses its lead in global financial centers rankings

rawpixel
According to a yearly survey by the City of London Corp., London has lost its single advantage in the ranking of the world's financial centers. The City of London report, called "Our Global Offer to Business: London and the UK’s Competitive...

IMF Head predicts difficulties for global economy in 2023

Michael Gaida
IMF Managing Director Kristalina Georgieva forecasted economic challenges in 2023. IMF Managing Director Kristalina Georgieva stated that the IMF anticipates a challenging year for the world economy. "For some time now, the world economy has been...

Japanese parliament approves record budget for fiscal 2023

Cindy Shebley
A budget of 114.4 trillion yen ($875 billion) for fiscal year 2023 (April 1, 2023 to March 31, 2024) was passed by the upper house of the Japanese parliament. The budget was approved by Japan's lower house of parliament on February 28. Even if the...

Biden signs order banning spyware

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U.S. President Joe Biden signed an executive order banning the use of commercial spyware that could threaten the country's national security, according to the White House press service. This is the first-ever ban that is applicable to computer...
Management & Strategy

Branson's Virgin Orbit to lay off almost all employees

cclark395
Dan Hart, the CEO of the satellite launch company Virgin Orbit, informed staff members at a general meeting on March 30 that the company would stop operations "for the foreseeable future" due to a lack of financing. 75% of Virgin Orbit is owned by...

Amazon to lay off 9,000 employees

Noah Kalina
According to a statement from the company’s CEO Andy Jassy posted on Amazon's website, the online retailer plans to lay off 9,000 workers. The layoffs will primarily affect the cloud computing platform AWS, the People, Experience and Technology...

Moody’s: Gender pay gap may cost global economy $7T

ArchivesACT
Moody's analysts found that eliminating the gender pay disparity could add $7 trillion to global economic growth. According to analysts at the global credit rating agency Moody's, eliminating the wage difference between men and women could increase...

Musk tops Bloomberg's list of the world’s richest people

James Duncan Davidson
Elon Musk, the founder of Tesla and SpaceX, once again topped the list of the world's wealthiest individuals, according to Bloomberg’s $ 187.1 billion estimate of his wealth. He outperformed Louis Vuitton Moet Hennessy company’s President Bernard...