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
Firefly Aerospace has become the second private company in history to successfully land a spacecraft on the Moon, as its Blue Ghost robotic lander touched down on Sunday. The Texas-based company’s mission,
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Macau’s gaming industry showed signs of recovery in February, with gross gaming revenue increasing by 6.8% year-on-year to 19.74 billion patacas ($2.5 billion), according to data released by the Gaming Inspection and
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Blackstone CEO Stephen Schwarzman took home more than $1 billion in 2024, driven by surging dividend payouts as the private equity giant saw a sharp rebound in investment activity. According to Blackstone’s
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The U.S. trade deficit in goods soared to a record $153 billion in January, as businesses rushed to import foreign products ahead of impending tariffs promised by Donald Trump. The sharp increase—more
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There’s simply no substitute for experience in terms of aviation safety ~ Capt. Chesley Sullenberger Josh Funk, writing his article Recent aviation disasters and close calls stoke fears about the safety of flying
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After six years of restrictions, Sri Lanka has finally lifted its long-standing vehicle import ban, creating new opportunities for luxury car enthusiasts and importers. Leading the charge in this revived market is
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The global cryptocurrency market has suffered a staggering $800 billion loss in recent weeks, as the post-election enthusiasm that briefly lifted digital assets fades amid scandals, policy disappointments, and a broader sell-off
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Italian defense giant Leonardo is on the verge of finalizing a production partnership with Turkish drone manufacturer Baykar, a move that could significantly enhance Europe’s drone production capabilities. The two companies are
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“Wanting to travel the world is not enough…You need to be an empathetic caring individual who genuinely wants to help people”. Cabincrew.com What happened It is an unfortunate reality that life’s fragility
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Hein Schumacher is stepping down as Unilever’s chief executive after just over a year and a half in the role, with the consumer goods giant announcing that chief financial officer Fernando Fernandez
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China has faced significant challenges in mastering the production of high-end machine tools, a critical technology in manufacturing, despite its progress in areas like artificial intelligence, solar power, and semiconductors. According to
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BP (formerly The British Petroleum Company p.l.c. and BP Amoco p.l.c.; stylised in all lowercase) is set to abandon its previous pledge to cut oil and gas output as CEO Murray Auchincloss
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Qatar is making bold moves to transform Doha into a regional hub for venture capital (VC), using its vast sovereign wealth fund to attract global financiers. According to a recent Financial Times
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Warren Buffett, the renowned billionaire investor and chairman of Berkshire Hathaway, has defended the conglomerate’s record cash pile of $334.2 billion, asserting that the company remains committed to equity investments despite holding
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Aston Martin Lagonda has postponed its ambitious plans to become an electric car manufacturer in the near future, as the company’s new chief executive Adrian Hallmark re-evaluates its strategy. Hallmark, who took
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