Germany’s lack of skilled laborers has prompted Berlin to reassess immigration policy. The Cabinet has now approved a new legislative proposal from the Interior and Labor Ministries. Germany’s dearth of skilled laborers has forced Berlin to look...
The UK government has comfortably won a parliament vote on its new Northern Ireland-EU deal. The Windsor Framework now looks set to be implemented. Most business leaders in Northern Ireland are happy about that. In...
Global stock markets plunged as they opened to the news of the shotgun buyout of Credit Suisse by rival UBS. Swiss authorities had hoped the takeover will calm investors. Stock markets remained jittery on Monday...
Saudi Arabia’s national oil producer Aramco achieved “record” profits totaling $161.1 billion, a nearly 50% increase. The firm saw prices skyrocket after Russia invaded Ukraine, leading to soaring global energy prices. Aramco, the mostly Saudi...
In a joint statement, US authorities said they would work to protect depositors, and said losses would not be borne by the taxpayer. President Joe Biden said he would make a further statement on Monday...
womenThe number of women on the tech startup scene is growing, and so is their frustration with sexist treatment. But that could be a good sign. It was the best of times, it was the...
To comply with the “Swissness” law, Toblerone has to remove the famous Matterhorn peak from some of its packaging as production moves to Slovakia. The US-owned company will replace the logo with geometric mountains. The...
Nigeria is Africa’s biggest oil producer. But the lack of operational oil refineries has left the industry in crisis, forcing the country to import fuel. Economists say the next government needs to diversify the economy....
Africa holds mineral wealth with diverse commodities that are sought after the world over. In the diamond industry, revenues elude local communities despite multilateral certification measures. In diamond-rich parts of Africa, the revenue generated from...
The EU wants to champion “green agriculture” in Southeast Asia. But limited trade relations, regulatory nightmares and distrust could stymie it. As manufacturing and tourism collapsed in the three years of the COVID-19 pandemic, several Southeast Asian governments...
After multiple mergers, a privatized Air India is set to become the region’s dominant airline once again. A record aircraft deal is intended to renew the airline’s fleet after decades of government neglect. When Asian...
The European Commission has revised its economic forecasts upwards slightly, predicting growth of almost 1% in the bloc for 2023. Inflation is expected to slow but remain high, a little more so outside the eurozone....
