The BRICS Business Council has announced plans to establish a logistics hub in the United Arab Emirates (UAE), a decision that could significantly reshape global trade dynamics among its member nations and
Global public debt is on track to surpass 100% of GDP by the end of the decade, with the International Monetary Fund (IMF) projecting a steady rise in debt levels that could
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Boeing has announced the sale of parts of its digital aviation unit to private equity firm Thoma Bravo for $10.55 billion in a move aimed at strengthening its financial position and refocusing
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The International Monetary Fund (IMF) has raised alarms over an increasing risk of recession in the United States, pointing to the escalating trade conflict under President Donald Trump’s administration as a key
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While much of the world’s attention is focused on the race for dominance in artificial intelligence (AI), a new development from China in the realm of quantum cryptography is raising significant concerns
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Sri Lanka’s economic crisis is far from over, as the nation’s public debt has now skyrocketed to a staggering USD 106 billion, according to Professor Wasantha Athukorala, Director of the Postgraduate Institute
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Japanese investors shed over $20 billion in foreign bonds in early April, in one of the largest two-week sell-offs on record, as Donald Trump’s sweeping tariffs sent tremors through global markets. The
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Yahoo has agreed to pay $5.4 million to settle a long-running lawsuit regarding the mismanagement of the Yahoo Human Rights Fund (YHRF). The lawsuit, which lasted eight years, sought to hold Yahoo
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Crypto casinos have seen explosive growth in recent years, with new data revealing that gambling platforms using cryptocurrency generated a staggering $81.4 billion in gross gaming revenue (GGR) in 2024. This is
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Saudi Arabia’s business sector is rapidly adopting solar power as companies seek to reduce their energy costs following the government’s removal of electricity subsidies in the world’s largest oil exporter. This shift
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Gautam Adani, the billionaire behind the Adani Group, is set to expand his company’s investment in data centers by an additional $10 billion, capitalizing on the surge in demand driven by artificial
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