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
“GDP is the wrong tool for measuring what matters – it’s time to replace gross domestic product with real metrics of well-being and sustainability.” – Joseph E. Stiglitz A country’s Gross Domestic
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Chinese automaker BYD has posted a remarkable 58% increase in vehicle sales for the first quarter of 2024, sharply contrasting Tesla’s ongoing decline in demand across key European markets, Financial Times reports.
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Aarhus and Aalborg, two Danish cities once better known for their maritime and industrial heritage, have rapidly become the epicenter of Europe’s energy trading revolution. Dubbed the “Silicon Valley of energy trading”
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Investors are rushing into gold at the fastest pace since the onset of the Covid-19 pandemic, as mounting fears over US President Donald Trump’s impending tariff announcements drive a flight to safe-haven
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As the White House prepares to announce another round of tariffs on April 2, consumers are bracing for significant price hikes on everyday goods. President Trump’s proposed “country-based” duties aim to counter
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San Francisco-based artificial intelligence leader OpenAI has secured a staggering $300 billion valuation following a $40 billion investment round led by SoftBank, making it one of the world’s best-funded private start-ups. The
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Intel’s newly appointed chief executive, Lip-Bu Tan, has vowed to implement a sweeping cultural shift at the semiconductor giant, likening the transformation to a “day-one start-up” mentality. Speaking at a company conference
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A growing rivalry between Apple and Elon Musk’s SpaceX has intensified as both companies vie for dominance in satellite-based connectivity, according to a report from The Wall Street Journal. The dispute centers
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Reaching net zero by 2050 is one of humanity’s most ambitious and urgent challenges. The concept is simple: every tonne of carbon dioxide emitted must be offset by an equal amount removed.
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TikTok, the world’s most controversial app, faces a potential complete ban in the US unless its parent company, ByteDance, can strike a deal with a US-based buyer by 5 April. The US
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