A former pizza shop owner in Massachusetts has been sentenced to two years in prison for fraudulently obtaining more than $600,000 in Covid-19 relief funds...
South Korea’s Exports Show Signs of Recovery Amid Global Trade Challenges
South Korea, one of the world’s largest exporters, has reported a slower decline in its exports for August, indicating a possible improvement in global trade...
ECB Faces Tough Decision as Euro-Zone Inflation Remains High
The European Central Bank (ECB) is facing a difficult dilemma as it prepares for its next policy meeting on September 14th. The latest data showed...
China’s Measures to Rescue Its Slumping Property Market
China’s property market is facing a severe crisis as sales by the country’s largest developers fell 34% in August from a year earlier, and Country...
S&P 500 Hits Record High as Investors Await Jobs Report
The S&P 500 index closed at a new all-time high on Thursday, as the market continued to rally ahead of the release of the monthly...
How OCD Restaurant in Tel Aviv is redefining sustainability in gastronomy
Chef Raz Rahav’s OCD Restaurant is not only one of the best restaurants in the Middle East and North Africa, but also one of the...
Cohere AI: The Rising Star of Generative AI
Cohere AI, a Toronto-based startup that develops and trains large language models (LLMs) for enterprise customers, is reportedly working on a new funding round, just...
Coinbase’s Legal Battle With SEC: XRP Lawyer Gives His Opinion
Coinbase, the largest cryptocurrency exchange in the US, is facing a lawsuit from the Securities and Exchange Commission (SEC) over its lending program. The SEC...
High inflation dampens India’s diamond exports
India is the world’s largest centre for processing rough diamonds, accounting for 95 per cent of the world’s polished diamond output. However, the exports of...
Huawei launches Mate 60 with Kirin 9000 and XMAGE Camera Setup
Huawei has surprised the smartphone market by launching two new flagship devices, the Mate 60 and the Mate 60 Pro, without much fanfare. The Mate...
Samsung launches Galaxy A05 and A05s with impressive features and prices
Samsung, the world’s leading smartphone maker, has announced the launch of two new affordable smartphones, the Galaxy A05 and Galaxy A05s, in India. The phones...
Samsung’s foldable phones outperform the Galaxy Note series in Europe
Samsung has announced that its latest foldable phones, the Galaxy Z Flip 5 and the Galaxy Z Fold 5, have surpassed the annual sales of...
UBS Breaks Banking Profit Record After Credit Suisse Takeover
UBS Group AG, the largest Swiss bank, has reported a staggering $29 billion profit for the second quarter of 2023, thanks to its emergency acquisition...
Indonesia’s High-Speed Train Project Faces Debt and Safety Concerns
Indonesia is set to launch its first high-speed train service in October, connecting the capital Jakarta with the city of Bandung in West Java. The...
China’s Shadow Banking Sector Faces Default Crisis Amid Economic Slowdown
Shadow banking is a term that refers to the activities of financial intermediaries that operate outside the formal banking system. These intermediaries include trust companies,...
How US labour market and interest rates overshadow China’s troubles for Wall Street
The recent turmoil in China’s economy has raised concerns about its impact on global markets, but Wall Street seems more focused on the domestic factors...