Industry

argentina beef

Argentina: Beef Consumption May Hit Record Low in 2024 Due to Economic Downturn

Beef-loving Argentines are cutting down on steaks as the economy slumps, lowering cattle consumption to a historic low.


Algeria and Italy Finalize $455 Million Agricultural Project Deal

Algeria and Italy have signed a €420 million (approximately $455 million) deal to establish a significant agricultural project spanning 36,000 hectares in Timimoune province.

US Miners Are Calling for the Revival of the Bureau of Mines

Mining trade groups are urging the US government to revive and expand the Bureau of Mines. Mining trade groups are urging the US government to revive and expand the Bureau of Mines to streamline government regulation and support for critical minerals production.

Paypal Australia Unit Used Unfair Term in Small Business Contracts, Court Finds

PayPal's Australian branch has used an unfair term in its standard contracts with small business clients, according to a federal court.


Latest News

Second Donald Trump Presidency Would Cause Spike in Long-Term US Bond Yields, Edmond De Rothschild Investment Head Says
A second Donald Trump presidency could lead to a rise in long-term US Treasury yields, according to Edmond de Rothschild Asset Management's Chief Investment Officer Benjamin Melman.
Samsung Records Unexpected Profit Gain, Cites AI Boom's Impact on Chip Prices
Samsung estimated that it made a meteoric 15-fold rise in its second quarter operating profit, which it said was better than its expectations.
Trader Joe's is carrying out a nationwide recall of its Mango Tangerine Scented Candle. Trader Joe's is carrying out a nationwide recall of its Mango Tangerine Scented Candle as it might cause harm to users due to a larger-than-expected flame.
China Leads the Generative AI Patents Race, Far Surpassing the US: UN Report
China filed six times more patents for artificial intelligence (AI) technologies than United States-based inventors, according to a UN report.
Lufthansa Receives EU Approval to Acquire ITA Airways for $350 Million
Lufthansa has won EU antitrust approval to buy 41% of ITA Airways for around $350 million. Lufthansa has received antitrust clearance from the European Union (EU) to acquire 41% of ITA Airways for 325 million euros (about $350 million) following the sale of certain routes and slots, the company announced Wednesday, July 3.
Criminals Are Stealing Billions From Music Industry Through Fake Streams: Report
Criminal groups are siphoning billions of dollars annually from the music industry through fraudulent streaming activities, according to a streaming technology firm.
Russia's Central Bank Encourages Businesses to Use Crypto to Evade Sanctions
Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners.
AI Investments Rise 47% in US Venture Capital Funding—Highest Level Recorded in 2 Years
US venture capital funding climbed to $55.6 billion in the second quarter, marking the highest level in two years, according to PitchBook data.
Amazon to Discontinue Its Astro for Business Security Robot
Amazon has announced it will discontinue its Astro for Business security robot and shift its focus back to household robots.
[TIMELINE] How Boeing Came Under Fire by Federal Lawsuit Over Fatal Crashes
Boeing has until July 5 to decide on whether to fight or plead guilty to the lawsuit filed by the Department of Justice for its alleged violation of a 2021 agreement that shielded it from criminal charges after a string of incidents involving its planes, employees, and other business lines.
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