Gartner predicts that AI software spending will surge to $298bn (£230bn) by 2027, up from $124bn (£96bn) in 2022. As investment in the technology balloons, finance leaders are under pressure to figure out if it will deliver on its promises of growth and productivity. Most businesses assume that AI can boost their bottom lines, but
Private equity has an unsettling reputation. Some critics say these firms are vampires – bleeding healthy companies dry and walking away enriched. But, for many businesses, a well-negotiated capital injection from a private equity investor can restore financial security and accelerate growth. With publicly listed companies hampered by tough trading conditions, the move to private
Ethiopia allowed its currency to trade freely in a bid to attract investors as it awaits a bailout from the International Monetary Fund. The National Bank of Ethiopia permitted banks to buy and sell foreign currency at freely negotiated rates, according to a directive on its website. The central bank will make “only limited interventions
WEBB COUNTY, Tex. (KGNS) – The Casa Blanca Golf Course received a significant financial boost on Friday, June 21, with over $56,000 granted to enhance its facilities and meet increasing demand from avid golfers. Management from Casa Blanca Golf Course presented their plans before the Commissioners Court, aiming to use the funds for projects like