UK businesses brace for record job cuts amid rising costs
UK businesses are preparing for the largest wave of redundancies in a decade as confidence in the economic outlook plummets, driven by tax increases set...
Month : February 2025
European Commission says Trump’s tariff strategy disrupts global trade
The European Commission has expressed strong opposition to U.S. President Donald Trump’s proposed “reciprocal” trade policy, calling it a step in the wrong direction. The...
Jamie Dimon rejects petition against JPMorgan’s full-time office mandate
JPMorgan Chase CEO Jamie Dimon has dismissed employee opposition to the bank’s strict five-day return-to-office (RTO) mandate, rejecting a growing petition effort during a recent...
UNCTAD urges Africa to boost trade ties for economic resilience
The United Nations Conference on Trade and Development (UNCTAD) has emphasized Africa’s vulnerability to global economic shocks in its Economic Development in Africa Report 2024....
EU considers countermeasures if US imposes new trade tariffs
The European Commission has requested further clarification regarding U.S. President Donald Trump's recent announcement of imminent tariffs on steel and aluminum exports from European Union...
Austria unveils Industrial Hydrogen Valley to cut industrial emissions
Austria has launched the Industrial Hydrogen Valley (HI2-Valley) initiative to advance industrial decarbonization and accelerate the transition to clean energy. The project aims to establish...
Japan posts record $193 billion current account surplus in 2024
Japan recorded a historic current account surplus of 29.26 trillion yen ($193 billion) in 2024, marking the highest level on record, according to data released...
Indonesia launches free health screenings for all citizens
Indonesia has launched a nationwide free health screening program aimed at reducing early mortality rates, marking the country’s most extensive public health initiative to date....
Satoshi Nakamoto’s bitcoin wealth now ranks among world’s richest
The mystery surrounding the identity of Bitcoin’s elusive creator, Satoshi Nakamoto, has deepened as new research identifies a vast crypto fortune linked to Nakamoto. Blockchain...
Franklin Crypto Index ETF moves closer to SEC approval for trading
Franklin Templeton's Franklin Crypto Index ETF is progressing toward potential approval by the U.S. Securities and Exchange Commission (SEC), bringing institutional investors closer to a...