The gaming industry has become a global phenomenon, captivating millions of people around the world. With advances in technology and the increasing popularity of online and mobile gaming, the industry has experienced exponential growth. In 2023, the market capitalisation of the largest gaming companies reached billions of dollars, solidifying their position as major players in the industry.
While much of Europe and the US are struggling with stagnant economic growth, it’s a different story in Africa. The International Monetary Fund is forecasting GDP growth of 4% on the continent.
The shipping industry plays a vital role in global trade, but it also contributes to greenhouse gas emissions. With the urgency to combat climate change, there is a growing need to find sustainable solutions for the maritime sector. The goal of achieving zero emission fuels in international shipping by 2030 is a crucial step towards decarbonization. However, recent analyses have shown that the industry is falling short of this target. What is the current state of zero emission fuels in shipping?
The market for sustainable and green building materials is experiencing steady growth due to increasing environmental concerns, government regulations, and consumer demand for green building practices. The market is expected to continue expanding in the coming years, driven by technological advancements and the adoption of green building certifications.
Foreign currencies’ fluctuations significantly impact the financial planning and investment portfolios of HNWIs and UHNWIs. Positive effects include enhanced asset value, increased repatriated profits, greater international purchasing power, geographic diversification, and arbitrage possibilities. These allow for value preservation and profit maximisation from international investments.
In pursuit of a sustainable future, Kenya has emerged as a global powerhouse in geothermal energy. With an abundance of geothermal resources and an unwavering commitment to green energy, Kenya is paving the way for a cleaner, more resilient energy sector. Kenya's geothermal revolution is pushing the country toward a greener future and positioning it as a leader in the global green energy movement.
Since 2016, Neuralink, the company owned by billionaire entrepreneur Elon Musk, has been developing brain implants that Musk hopes will become a cure for incurable diseases such as paralysis and blindness. Now the U.S. Food and Drug Administration (FDA) has allowed a clinical trial.
Customers are increasingly looking for and demanding that companies do more than make profits. And then, a company can improve its reputation among investors by showing them it cares about environmental, social, and governance (ESG) topics. Those are two reasons why companies should bother with ESG issues.
The world of robotics has witnessed remarkable advancements in recent years, with intelligent machines becoming increasingly prevalent across various industries. These innovative robots have transformed manufacturing processes, improved efficiency, and opened up new possibilities for automation. In this article, we'll introduce leading robotics companies revolutionizing industries with cutting-edge tech and solutions.
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Ultra-high-net-worth individuals (UHNWIs) often prefer to keep a low profile. Yet in today’s digital era, discretion alone no longer suffices. Cybercriminals now target family offices—the specialized entities managing the wealth and affairs of the world’s wealthiest families.
Cyberattacks on financial institutions are hardly rare these days, yet few entities shoulder as much risk as family offices tasked with safeguarding ultra-high-net-worth (UHNW) clients. IBM Security’s “Cost of a Data Breach” report places the global average expense of a breach at $4.45 million, noting that incursions into financial services typically run almost 10 percent higher than those in other sectors.
To boost the efficiency of the Swiss wealth management business and to strengthen Switzerland as a financial and innovation center are two main goals of the OpenWealth Association. The community of banks, wealth, and wealth managers was established in 2021 in Zurich to develop, define, maintain, and operationalize the Open API standard for the wealth management community.
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Securing diversified wealth is a never-ending process. In this process, market and economic forces are among the most widely discussed and analysed factors when it comes to future-proofing portfolios.
