Japan witnessed a notable uptick in its core inflation rate in January, surpassing expectations and bolstering arguments for the central bank to reconsider its negative interest rate policy in the near future.
The surge in bond yields followed the release...
Michael O’Leary, the CEO of Ryanair, has alerted travellers to the likelihood of higher airfares this summer due to delays in the delivery of Boeing aircraft. O’Leary emphasised that the postponed arrival of the planes would limit passenger capacity...
Israel’s economic output contracted more than anticipated following the clash with Hamas in Gaza, as per official data.
In the fourth quarter of 2023, the Gross Domestic Product (GDP) plummeted by 19% on an annualised basis, equating to a 5%...
During the Lunar New Year festivities, families and friends come together to enjoy food and beverages, with baijiu, a potent clear spirit, traditionally dominating Chinese celebrations for centuries. Baijiu, distilled from fermented grains, boasts an alcohol-by-Volume (ABV) exceeding 60%,...
Tesla, the electric vehicle (EV) pioneer led by Elon Musk, has predicted a significant sales deceleration this year, joining the ranks of car manufacturers cautioning about weakening demand. The company expects growth to be “notably lower” than the impressive...
In an unprecedented move, ExxonMobil has filed a lawsuit against climate activist investors Follow This and Arjuna Capital, seeking to block their climate proposal from reaching a vote at the upcoming annual investor meeting. The legal complaint accuses US...
Oil prices surged over 2% to $78.40 per barrel after Iran seized a tanker en route to Turkey, heightening fears of increased fuel costs globally. The UK government predicts potential disruptions in the Red Sea, projecting a minimum $10...
United Airlines disclosed the grounding of several Boeing 737 Max 9 planes due to the discovery of loose bolts on door plugs during inspections prompted by a recent alarming incident on an Alaska Airlines flight. On January 6, the...
Ikea is sounding the alarm on potential delays in product availability as rebel assaults on vessels intensify along the Red Sea trade route. Houthi militants in Yemen, with support from Iran, have increased their use of drones...
McDonald’s has unveiled plans for its new coffee-focused venture, CosMc’s, to enter the market segment dominated by Starbucks. The pilot location is set to open in Chicago this month, with plans to expand to around ten locations...
