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Lifestyle
Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea
South Korea's parliament passed a bill on Tuesday to ban the consumption and sale of dog meat, outlawing the contentious centuries-old practice amid increased support for animal welfare. ...
The Two Priciest Cities In The World Are Singapore And Zurich
The Economist Intelligence Unit (EIU) has announced that Singapore and Zurich were tied for the most expensive cities in the world this year, followed by Geneva, New York, and Hong Kong....
Pocket wallets vs. smartphones: Can we replace cash with digital currencies?
The more than a decade-long history of cryptocurrency has clearly demonstrated that the world is keen on the new form of money. The crypto frenzy has even prompted leading central banks to work on...
Most Popular
Auto Industry Faces Disruptions as Trump’s 25% Tariffs Shake Market
India Moves to Slash Tariffs on U.S. Imports Amid Trade Tensions: Reports
Tariffs to Drive Up Car Prices and Shrink Options for U.S. Buyers
Trump’s Tariff Reduction Proposal for China for TikTok Deal
Global Oil Outlook: Abundant Supply and Soft Prices Amid Demand Uncertainty
India’s Reliance Industries Halts Venezuelan Oil Imports Amid U.S. Tariff Hurdles
European Investors Demand Tangible Returns from AI Investments
China’s Huawei’s Resurgence: Overcoming Adversity to Hit Revenue Peaks
What is holding back India’s ambition to become a manufacturing hub
Musk’s Grand Vision: What xAI’s Acquisition of X Means for AI and Social Media
Trump’s Russian Oil Tariff Threats Spark Global Trade and Energy Uncertainty
Trump Family's Crypto Takeover: Influence, Control, and Ethical Dilemmas
Latest News
Trump Family's Crypto Takeover: Influence, Control, and Ethical Dilemmas
WHO Faces Major Budget Cuts: The Impact on Global Health
Reader's Pick
China Cracks Down On Stock Market Fake News And AI Misinformation
16/03/2025
Starlink And India’s Reliance Jio Forge Satellite Internet Pact Amid Regulatory Uncertainty
12/03/2025
New Leadership At Intel Sparks 10% Surge Amid Turnaround Hopes
13/03/2025
DeepSeek Sparks A New Wave In Chinese AI Investment
12/03/2025
Air India Eyes Dozens of New Widebody Jets to Accelerate Its Turnaround
20/03/2025
Latest Business News
Trump Family's Crypto Takeover: Influence, Control, and Ethical Dilemmas
Companies
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31/03/2025
The intersection of political power and financial ventures has long been a topic of scrutiny, and the Trump family’s involvement in World Liberty Financial brings this dynamic into the world of cryptocurrency. Leveraging the name and influence of a sitting U.S. president, the Trump family secured control over a crypto project that had already amassed significant funds from investors. The ability...
Trump’s Russian Oil Tariff Threats Spark Global Trade and Energy Uncertainty
Markets
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31/03/2025
U.S. President Donald Trump’s latest threat to impose heavy tariffs on Russian oil buyers marks a dramatic escalation in economic pressure, raising alarms over global energy security. By targeting countries that purchase Russian crude, Trump aims to weaken Moscow’s financial position and force a resolution to the ongoing Ukraine conflict. However, this aggressive approach risks widespread...
Musk’s Grand Vision: What xAI’s Acquisition of X Means for AI and Social Media
Companies
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29/03/2025
Elon Musk’s xAI has officially acquired social media giant X in a deal that values the platform at $33 billion. The merger brings together artificial intelligence and social media in a way that could redefine digital interactions. Musk has long envisioned a future where AI seamlessly integrates with online platforms, and this deal positions xAI at the center of that transformation. While the...
What is holding back India’s ambition to become a manufacturing hub
Markets
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29/03/2025
India’s ambitions to become a global manufacturing powerhouse remain unfulfilled despite numerous policy interventions and economic reforms. While initiatives like the production-linked incentive (PLI) scheme were designed to accelerate industrial growth, the sector continues to lag behind expectations. A combination of structural issues, policy inefficiencies, global competition, and labor...
China’s Huawei’s Resurgence: Overcoming Adversity to Hit Revenue Peaks
Companies
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28/03/2025
Huawei, after years of struggling under harsh international pressures, appears to be reclaiming its former glory. The company’s recent performance shows that it is inching back to revenue levels reminiscent of its pre-sanctions era. Several key developments underpin this turnaround, each offering insight into how adversity can fuel innovation and strategic reinvention. Huawei’s revenue...
Tariffs to Drive Up Car Prices and Shrink Options for U.S. Buyers
Markets
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28/03/2025
Automakers are compelled to increase vehicle prices as tariffs raise production costs significantly. To offset these expenses, manufacturers are forced to reduce or simplify various vehicle features. The result is that consumers now face cars that offer less customization and fewer luxury options compared to earlier models. This reduction in features is not merely a cost-saving...
Auto Industry Faces Disruptions as Trump’s 25% Tariffs Shake Market
Markets
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27/03/2025
The U.S. auto industry has been thrown into turmoil following former President Donald Trump's decision to impose a 25% tariff on all imported vehicles and auto parts. The move, aimed at boosting domestic manufacturing, has sparked concerns across the global automotive sector, leading to stock market volatility, rising consumer costs, and disruptions in North American supply chains. With...
Trump’s Tariff Reduction Proposal for China for TikTok Deal
Companies
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27/03/2025
Former U.S. President Donald Trump has once again leveraged tariffs as a strategic tool in trade and technology negotiations, this time in an effort to finalize the sale of TikTok’s U.S. operations. His willingness to reduce tariffs on China in exchange for a deal underscores the broader role of tariffs beyond economic protectionism, extending into diplomatic and security arenas. This move...
European Investors Demand Tangible Returns from AI Investments
Markets
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26/03/2025
European companies have made substantial investments in generative AI technology over recent years. This surge in capital expenditure reflects the high hopes placed on the transformative potential of AI to revolutionize business operations and boost efficiency. Firms have committed significant funds to harness the benefits of cutting‐edge AI solutions, aiming to stay ahead in the competitive...
India’s Reliance Industries Halts Venezuelan Oil Imports Amid U.S. Tariff Hurdles
Companies
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26/03/2025
The United States has recently imposed a 25% tariff on nations purchasing Venezuelan crude. This significant tariff is designed to curb Venezuela’s ability to sell oil internationally and has directly impacted global buyers. The new tariff measure has forced countries to reassess their oil import strategies, as it raises the cost of Venezuelan crude dramatically. The policy marks a decisive shift...
Global Oil Outlook: Abundant Supply and Soft Prices Amid Demand Uncertainty
Markets
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26/03/2025
Top commodity traders remain confident that the oil market is well supplied for the foreseeable future. Executives from leading trading houses have pointed out that current supply levels are robust, with plenty of production capacity available to meet global demand. The consensus is that, for the next couple of years, oil markets will continue to benefit from steady production, even as OPEC+...
India Moves to Slash Tariffs on U.S. Imports Amid Trade Tensions: Reports
Markets
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26/03/2025
India is weighing a significant tariff cut on more than half of its U.S. imports—a move that could impact goods valued at around $23 billion. This preemptive step is designed to offset the potential damage of U.S. reciprocal tariffs that threaten to disrupt trade flows. By lowering its tariffs, India aims to shield its export sectors and lessen the negative impact on its broader trade...
World
WHO Faces Major Budget Cuts: The Impact on Global Health
The World Health Organization (WHO) is bracing for significant financial cuts, signaling a major shift in global health governance. A proposed 21% reduction in its budget is expected to reshape its...
UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread
In an unprecedented development, UK authorities have confirmed the first-ever case of bird flu (H5N1) in a sheep. The case was detected in northern England, where routine monitoring of farmed...
2024: A Year Marked By Escalating Climate Extremes
In 2024, the global community faced unprecedented climate challenges, with human-induced climate change significantly intensifying extreme weather events. A comprehensive analysis by World Weather...
First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared
The United States has reported its first severe human case of bird flu in 2024, involving a Louisiana resident who is hospitalized in critical condition. This marks a significant shift in the ongoing...
Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals
Tropical wetlands, long known for their ability to absorb vast amounts of carbon, are now emerging as a major contributor to methane emissions, significantly complicating global efforts to tackle...
People
Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls
Republican nominee and former U.S. President Donald Trump announced on Thursday that he would not participate in a third presidential debate against his Democratic rival, Vice President Kamala...
Kamala Harris Targets GOP Economic Criticism With New Policy Proposals
Vice President Kamala Harris on Friday presented a comprehensive economic policy agenda aimed at countering criticisms from Republicans and addressing key middle-class concerns. Speaking in Raleigh,...
Musk Gives To An Organisation That Supports Trump's Election: Bloomberg
According to a Bloomberg story quoting sources, billionaire Elon Musk, who has been criticising US President Joe Biden more and more, has contributed to a political organisation that aims to elect...
New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age
A recent study challenges the widely held belief that school bullies would eventually get their comeuppance by indicating that they are likely to end up with greater earnings. The Institute for...
In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million
A New York judge ruled in the former president's civil business fraud trial on Friday, ordering him to pay a total of approximately $454 million in penalties. According to an attorney...