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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Top Europe rights court to issue landmark climate verdicts

STRASBOURG, FRANCE – Europe's top rights court will on Tuesday issue unprecedented verdicts in three separate cases on the responsibility of...
  • In a sign of the importance of the issue, the cases have all been treated as priority by the Grand Chamber of the ECHR.
  • All three cases accuse European governments of inaction or insufficient action in their measures against global warming.

Abu Dhabi’s private sector grows by over  35 percent in 2023

ABU DHABI, UAE – The Abu Dhabi Department of Economic Development (ADDED) organized, in collaboration with Abu Dhabi Investment Office...
  • Al Multaqa Meetings empower Abu Dhabi to accelerate economic growth, by providing a platform to support investment.
  • Supported by private sector and family-owned businesses, Abu Dhabi’s non-oil sectors is going from strength to strength.

Sweden Quran burner arrested in Norway, faces deportation

OSLO, NORWAY – An Iraqi refugee in Sweden who stoked international outrage by repeatedly desecrating the Quran last year has been...
  • According to a ruling by the Oslo District Court, Salwan Momika,was arrested on March 28 -- a day after he arrived.
  • In the court's ruling it said "a deportation will take place as soon as the formal and practical arrangements are in place."

Electric cars credited with lower CO2 emissions in US neighborhoods

LOS ANGELES, US – The booming use of electric vehicles in parts of California is reducing CO2 emissions in those areas,...
  • Scientists at the University of California, Berkeley, say a network of sensors has logged a small drop in the volume of carbon dioxide.
  • Carbon dioxide is one of the main contributors to global warming, the human-caused phenomenon of rising temperatures.

UN rights council to consider call for Israel arms sales halt

The UN Human Rights Council on Friday is set to consider a draft resolution calling for a cessation of arms...
  • The draft resolution condemns the "use of starvation of civilians as a method of warfare in Gaza".
  • It demands that Israel "uphold its legal responsibility to prevent genocide".

Russia becomes world’s fourth-biggest LNG producer, says PM

MOSCOW, RUSSIA – Prime Minister Mikhail Mishustin said the country became the world’s fourth-biggest LNG producer last year. The Russian...
  • Mikhail Mishustin said that the volume of LNG exports rose almost three-fold in six years.
  • In January - February 2024, natural gas production in Russia increased by 11.3 percent year-on-year.

New shipping service in Saudi Arabia launched

RIYADH, SAUDI ARABIA - The Saudi Ports Authority (Mawani) has announced the addition of the new shipping service 'NRS' by...
  • The NRS shipping service will link Jeddah Islamic Port to Yanbu Commercial Port, Neom Port, Aqaba Port in Jordan, and Sokhna Port in Egypt.
  • This will further establish the Kingdom's position as a global logistics hub that bridges three continents,

Liberty Media buy MotoGP

Formula One owners paid US$4.5 billion for the deal.
  • The acquisition is expected to be completed by the end of 2024 subject to clearances and approvals.
  • MotoGP said Liberty Media would acquire "approximately 86 percent" stake from Spain-based owners Dorna.

Debt, trade barriers drag Asian economies in 2024, says World Bank report    

BANGKOK, THAILAND – Asian economies are not doing as well as they could and growth in the region is forecast...
  • Asian economies are not doing as well as they could and growth in the region is forecast to slow to 4.5 percent this year from 5.1 percent in 2023.
  • A key risk is that the US Federal Reserve and other major central banks might keep interest rates higher than before the pandemic.

Gaza children fly kites to escape horrors of war

RAFAH, PALESTINIAN TERRITORIES – Meters away from the concrete and steel fence separating the Gaza Strip from Egypt, 11-year-old Malak Ayad flies a...
  • Despite the war and the fear that grips her, Malak seems to be happy to fly her kite and dreams of life as it was before the war broke out on October 7.
  • "My kite flies to Egypt everyday while we are here trapped in Gaza," said Malak, who wears a bracelet featuring the Palestinian flag.

Use of eco-friendly rice bricks surges in water-scarce Kyrgyzstan

Rice blocks require less cement, which is responsible for approximately eight percent of global carbon dioxide emissions, according to 2023...

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Building futuristic sustainable urban cities starts from the underground up

Underground innovation, digitization, and AI are vital for sustainable, inclusive, and resilient future cities, says Sam Wiffen, director and founder...

Future of Humanity – TRENDS’ yearly Special Issue now online

Dubai, UAE -- TRENDS’ yearly Special Issue is out. This year’s edition, titled Future of Humanity, explores key global shifts...

Art and culture retain power to humanize the Intelligent Age, says WEF’s Fowler

Davos, Switzerland -- In an age where artificial intelligence is reshaping our lives, the World Economic Forum's Arts and Culture...

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UNFPA and corporate partners drive reproductive justice in workplaces

Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health...
  • UNFPA emphasizes that corporate strategies can empower vulnerable communities, particularly women, by driving positive change in workplaces, Cutillo said
  • UNFPA's presence in 150 countries allows us to work with women and implement these targeted initiatives effectively, she added.

Risks are interconnected, need collaborative solutions, says WEF’s Mark Elsner

Davos, Switzerland – Mark Elsner, Head, Global Risks Initiative, World Economic Forum sat with TRENDS during WEF’s summit in Davos...
  • The Global Risks Report 2025, with insights from over 900 experts, identifies state-based armed conflict as the most immediate risk for 2025.
  • The report was circulated ahead of the Davos meeting, which serves as a platform for advancing dialogue, cooperation, and partnerships.

Maori-led AI initiative can revolutionize language preservation, says Peter-Lucas Jones

Davos, Switzerland -- Peter-Lucas Jones, a Kaitaia native, who has been listed in the prestigious Time100 AI 2024 List, was...
  • Peter-Lucas Jones, a Time100 AI 2024 List honoree, discussed AI's role in preserving the Te Reo Maori language at the World Economic Forum in Davos.
  • His team at Te Hiku Media developed Te Reo Maori natural language processing tools and an automatic speech recognition model.