- "These risks are serious because they limit our ability to tackle the big global challenges we are facing. Changes in...
Rebuilding trust and fostering global collaboration are essential to address the present challenges.
The role of AI and digital innovation in combating misinformation and boosting productivity.
- GENEVA, SWITZERLAND - The head of the World Trade Organization's fisheries talks voiced optimism on Tuesday about striking an agreement on...
The 164 WTO members kicked off a month of negotiations this week at the global trade body's headquarters in Geneva.
The draft text is intended to help members reach agreement on a so-called "clean text" for submission to ministers in Abu Dhabi.
- WASHINGTON, US - British oil giant Shell has paused transit through the key Red Sea shipping route indefinitely, over fears of...
The worries of escalation grew after United States and United Kingdom strikes on scores of sites in rebel-held Yemen.
The Houthis have been targeting what they deemed Israeli-linked vessels, but after the strikes, they declared US and British interests "legitimate targets."
- Zurich, Switzerland - A French television star and a group of investors are demanding 280 million Swiss francs ($330 million) from...
A French television show host Jacques Essebag, who goes by the name Arthur, is leading the suit against the Nestle subsidiary
Nespresso, when contacted by AFP, acknowledged the lawsuit filed by ECC but said it did not comment on ongoing legal proceedings
- Paris, France - Counterfeit products -- mainly clothes -- cost the European economy 16 billion euros a year and result in...
The findings, based on data from 2018 to 2021, show that fakes take the biggest toll on the clothing sector, costing 12 billion euros ($13.1 billion) annually
The bulk of the counterfeiting occurred in just five EU members, with Germany, France, Italy, Spain and Austria accounting for half the yearly losses
- While inflation is on a general downward path, there is a worry that it could pop back up anytime, particularly...
Equities soared at the end of 2023 as falling inflation saw the Fed indicate that it was preparing to reverse more than a year of hikes to US interest rates
However, January has seen the wind come out of the sails with Fed officials saying they were keen to keep rates elevated for some time
- Revenues rose seven percent to $11.3 billion.
In the fourth quarter, Goldman Sachs' revenues from equity trading surged 26 percent, while the bank's own holdings in public equities also enjoyed a hefty increase.
Rival financial heavyweight Morgan Stanley reported a 35 percent drop in profits to $1.4 billion on a one percent rise in revenues to $12.9 billion.
- Dubai, UAE -- The total number of US$10 million plus home sales in Dubai grew by 92.4 percent to 431...
The total value of sales above this price point grew by 91 percent last year to US$7.6 billion, 28 percent of which was achieved in Q4 alone.
The Palm Jumeirah remains at the epicenter for luxury home sales in Dubai, according to Knight Frank.





















