Oxfam said trillionaires are expected to emerge within the next decade, as the richest 1% now own 45% of global wealth, while 44% of humanity lives on less than $6.85 per day. There is increasing...
The power struggle in South Korea has made the stock exchange jittery and pushed its currency to historic lows. Even its biggest companies are uncertain about what’s coming next. A cloud of uncertainty hangs over South...
As the 119th US Congress meets for the first time on Friday, House Speaker Mike Johnson faces a key test as he seeks enough votes to be re-elected. Johnson has President-elect Donald Trump’s endorsement, but...
India has launched its first space docking mission on top of an Indian-made rocket — an advanced technology seen as pivotal for future space endeavors. India launched its first space docking mission Monday on an Indian-made...
As Russia – Ukraine gas transit deal expires at the end of 2024, with Vladimir Putin having already said there was no time left to renew the contract. Will eastern EU members be hit the...
Nigeria’s military and security forces have dismantled illegal oil bunkering sites in a decisive blow against illegal trade. But can this bold crackdown lead to a permanent end to economic sabotage? Nigeria’s military and security...
France and many European farmers’ unions oppose the huge but controversial trade deal. At the same time, Germany, Spain, Argentina and Brazil have hailed the agreement. The European Union has concluded a huge but controversial deal with...
The crisis around Volkswagen hits at the very heart of German engineering excellence. It’s a legend among European automakers, but can it survive the jump to EVs and beat out Chinese competition? It’s hard to...
In a globally competitive and ever-changing market, companies will have to keep evolving with time and circumstances to remain viable, cost-effective, and able to survive the challenge of the marketplace. In this context, it is...
Gold has always been considered a safe-haven asset, attracting investors during times of uncertainty, whether political, economic, or financial. As the global economy faces increasing complexities, especially in light of ongoing geopolitical tensions, inflationary pressures,...
The EU is investigating the Chinese shopping app over suspicions it’s failing to protect customers. Coming under the bloc’s Digital Services Act, can the probe slow Temu’s race to the top of online shopping? Confronting...
Most of the jobs Ford intends to cut will be in Germany with some 2,900 layoffs expected. The US carmaker urged Berlin to set a “clear policy agenda” to promote electric cars amid a slump...