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AI For Finance 2024: Advantages & Disadvantages | Amber

AI, also known as artificial intelligence, is quite popular in many fields. It is used in data-heavy industries like finance, pharmaceuticals, housing, and tech. AI in finance is quite popular as AIs help financial institutions detect fraud, process applications and help in fund transferring and currency exchange. AI models can also help you invest and […]

India Demand for Fair Climate Finance Commitments at COP29 Summit

India, along with other developing countries at COP29 called for fair and effective climate finance agreements to support global climate action. Representing the Like-Minded Developing Countries (LMDCs), India emphasised the need for equitable financial support from developed nations, spotlighting the burden placed on vulnerable economies. Negotiators have noted that around 69% of the climate finance currently […]

Energy giant Orlen reports huge profit plunge

Orlen’s future is uncertain. Credit: Shutterstock, canon photographer Polish state-owned Orlen recently revealed a dramatic drop in its profits, reporting a net income of 188 million zloty (€43.3 million) for the third quarter of 2024 – a staggering 96 per cent decline year-on-year. The announcement has sparked significant criticism, especially from opposition members of Poland’s […]