Category: Business
The first spaceport in the UK for vertical rocket launches is Shetland
The Civil Aviation Authority has approved Savored Spaceport on the little island of Unst to start orbital launches in 2024.It will be Western Europe's first ... Read More
German stocks surpass Europe’s STOXX 600, reaching a new all-time high.
Tuesday's record high for German shares was bolstered by increases in industrial firms and insurers, although statistics indicated that the largest economy in the euro ... Read More
The first Chinese navy ships to land at the new pier at the Beijing-affiliated Cambodian naval facility
The United States and certain foreign security analysts believe that the Cambodian naval facility is set to become a crucial outpost for Beijing's military, and ... Read More
The net migration to the UK in 2022 has been revised upward to a historic 745 000.
The Office for National Statistics has amended its 2022 net migration figures and released new data that shows 672,000 individuals entered the UK in the ... Read More
The CEO of Optus, Kelly Bayer Rosmarin, steps down after a network failure.
Following the statewide outage over two weeks ago that disrupted phone and internet services for fourteen hours, Kelly Bayer Rosarian has resigned as Optus' CEO.Following ... Read More
Surge in Dollar Price Creates Economic Ripples in Bangladesh
In a recent economic development, Bangladesh has witnessed a notable increase in the price of the US dollar, causing concerns among businesses, consumers, and policymakers ... Read More
Cryptocurrency Innovation and Market Dynamics
Bitcoin is a form of digital currency that aims to eliminate the need for central authorities such as banks or governments. All things considered, Bitcoin ... Read More
Advancement of Digital Marketing
Digital marketing, also called online marketing, is the promotion of brands to connect with potential customers using the internet and other forms of digital communication. ... Read More
The Economic Impact of the Suez Canal Crisis
The recent blockage of the Suez Canal by a massive container ship sent shockwaves through the global economy. While the Ever Given was eventually dislodged, ... Read More
Poland requests that the EU maintain the ban on Ukrainian grain in order to safeguard farmers and avoid a surplus.
In order to safeguard Polish farmers, the Polish government on Tuesday urged the European Union to prolong the embargo on grain imports from Ukraine past ... Read More
Saudi extends 1m bpd oil output cut energy ministry
According to a statement from the oil ministry, Saudi Arabia will extend the voluntary cut of one million barrels per day... for another month to ... Read More
IMF approves much-awaited $3 billion bailout for Pakistan, saving it from defaulting on debt
The International Monetary Fund authorized a much-anticipated $3 billion bailout for Pakistan on Wednesday, according to the global lender, a decision that is expected to ... Read More
New Zealand dips into recession, putting rate hikes in doubt
According to figures released on Thursday, New Zealand's economy contracted in the first quarter, resulting in a recession. This decreased the likelihood that the central ... Read More
In order to form a new business led by Vince McMahon and Ari Emanuel, WWE and UFC decide to unite.
The UFC and Vince McMahon's World Wrestling Entertainment have decided to combine to create a new publicly traded business that will be governed by Endeavor ... Read More
Following the financial crisis, Crypto-focused bank Silvergate is ceasing business and liquidating.
Silvergate Capital, a crypto sector lender, is winding down operations and liquidating its bank. Along with New York-based Signature Bank, the company has functioned as ... Read More
The largest strike to hit Britain in almost a decade caused rail networks to be interrupted and schools to close.
Due to industrial disputes over wages and working conditions, over half a million British workers are scheduled to go on strike until Wednesday. 300,000 teachers ... Read More
Meta instructed to review the regulatory framework for EU personalized advertisements.
Facebook and Instagram have been penalized 390 million euros ($414 million) by the EU's primary privacy regulator, Meta, for breaches involving user data. Meta, the ... Read More
Global headwinds cause the post-pandemic recovery to stall down as unemployment in the Eurozone reaches a record low.
Unemployment levels in the eurozone reached a record low of 6.5% in October, marking the lowest since Eurostat began tracking unemployment rates in April 1998. ... Read More
As demand declines, Apple reduces its production of new iPhones by 3 million units.
Apple is expected to manufacture 87 million iPhone 14 devices this year, down from the original goal of 90 million, which is at least three ... Read More
S&P further lowers Russia’s rating into junk status
Russia's credit rating was further downgraded by ratings agency S&P Global on Thursday due to increased default risk brought on by new international sanctions brought ... Read More