While centre driven and managed high level economic changes, both structural and financial, are necessary, an assumption that the benefits of such changes will flow to the periphery through a trickledown theory
Fashion retail giant Victoria’s Secret is currently grappling with a security incident that has disrupted its website and online order services. The company confirmed the situation in a brief statement posted on
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Capital Metals PLC (AIM: CMET), a UK-listed mineral sands exploration and development company, has announced a significant strategic investment agreement with Ambeon Capital PLC, one of Sri Lanka’s leading diversified conglomerates. The
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Saudi Arabia will reassess its government spending and development priorities in response to a sharp drop in oil revenues, Finance Minister Mohammed al-Jadaan told the Financial Times in an exclusive interview. Despite
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A new report from Statistics South Africa has revealed a sobering reality: over 25.4 million South Africans—roughly 40.1% of the population—depend on social grants as a means of survival. The findings, published
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The Trump family’s media venture, Trump Media & Technology Group (TMTG), is preparing to raise up to $3 billion to invest in cryptocurrencies like Bitcoin, according to reporting by the Financial Times.
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Chinese robotics company UBTech Robotics Corp. is preparing to launch a $20,000 humanoid robot designed for home use later this year, as it moves to expand beyond its current focus on industrial
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Air India has been ranked the worst airline for flight delays departing from UK airports in 2024, with passengers facing average delays of nearly 46 minutes per flight, according to an analysis
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A new report by the United Nations Conference on Trade and Development (UNCTAD), titled “Sparing the Vulnerable: The Cost of New Tariff Burdens,” reveals a troubling reality: the recent wave of U.S.
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After two years of political wrangling and uncertainty, The Telegraph is set for a new chapter under the ownership of RedBird Capital Partners. The American private equity firm, led by founder Gerry
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From exorcising ghosts in billionaire mansions to offering brain workouts for tycoons, Emily McBurnie has carved out an unusual niche in the booming wellness economy. The Australian-born psychic, yoga teacher, and trauma
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Telegram, the popular messaging app, surged to a $540 million profit in 2024 despite ongoing legal challenges faced by its founder Pavel Durov, according to a company presentation seen by the Financial
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OpenAI is set to acquire io Products, the hardware start-up founded by former Apple design legend Jony Ive, in a deal valued at approximately $6.5 billion, according to sources cited by the
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Bitcoin surged to a new record high of $109,481 on Thursday, fueled by growing optimism that U.S. lawmakers are on the brink of finalizing long-awaited regulations for digital assets, according to a
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A single unremarkable tower in southern China has become a global symbol of the illicit smartphone trade, as a Financial Times investigation uncovers how stolen iPhones from Western cities like London and
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Shares of Contemporary Amperex Technology Co. Ltd (CATL), the world’s largest electric-vehicle battery manufacturer, surged 12.6% on Tuesday as it launched the biggest public offering globally so far this year. The secondary
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