ECB’s Interest Rates Remain Unchanged But May See Cuts in September

The European Central Bank announced that it would keep interest rates unchanged but may change by the next quarter.


European Commission President Ursula von der Leyen Re-Elected to Second Term

The European Commission has re-elected its president, Ursula von der Leyen, for another five-year term. The continent is facing crises ranging from the war in Ukraine to climate change to migration to..

Charles III Reads Labour's Economic Plans in UK's State Opening of Parliament

Following the landslide victory of the Labour Party in the United Kingdom’s general election earlier this month, British Prime Minister Sir Keir Starmer laid out the government’s plans to reinvigorate..

Russia's Plot to Assassinate CEO of German Arms Firm Supplying Ukraine Thwarted by US, Germany

Russia's attempted assassination plot targeting Armin Papperger, CEO of Rheinmetall AG, a major German arms manufacturer supplying Ukraine, was thwarted by US and German authorities...


Latest News

Amazon Sued by Thousands of Delivery Drivers Over Unpaid Wages, Contractor Status
Thousands of Amazon delivery drivers are suing the company, claiming that being classified as independent contractors instead of employees has resulted in unpaid wages and financial hardships.
Two Texan Men Get More Than 3 Years in Prison for Conspiracy to Sell Iranian Oil to China
Two Texas men were sentenced to 45 months in prison for trying to sell Iranian oil to a refinery in China in violation of US sanctions.
US Bans Imports From 3 More Chinese Companies Tied to Uyghur Forced Labor
The US has added three more firms to a list that blocked imports from companies that are allegedly linked to Uyghur forced laborers in China.
US Sanctions Former Exxon Contractor, Public Official in Guyana Over Alleged Fraud and Bribery
The US has sanctioned a Guyanese mining mogul over accusations of tax fraud and bribery.
Samsung Merges AI Research Centers in North America, Hires Ex-Apple Exec to Lead New Group
Samsung Electronics is merging its North American AI research centers and has hired a former Apple executive to lead the newly formed North America AI Center, which combines teams from Toronto and Mou
SARS Claims Clothing Stores Evade Tax Hikes in South Africa, Accusing Them of Taking Advantage of Peculiar Taxing System
SARS claims that clothing stores are evading the tax hikes in South Africa. Officials explained how clothing brands are possibly doing it.
Meta Wants to Use European Data for AI Training—Will Privacy Complaints Hinder it?
Meta said it wants to use European data for AI training while facing privacy concerns from European countries. Can it be allowed to do so?
Mystery Surrounds OpenAI's San Francisco Office as Undercover Guards Raise Concerns
OpenAI's San Francisco office is shrouded in mystery and unease as locals report the presence of undercover security guards who remain tight-lipped, leaving neighboring businesses and residents unsett
OCBC Bank to Bolster Corporate Banking with Expanded Software Engineering Team in Shenzhen
OCBC Bank plans to hire 300 highly skilled engineers in China over the next three years to strengthen its corporate banking business, expanding its Shenzhen office where it currently has over 260
Volvo to Move EV Production to Belgium From China as EU Prepares to Impose Tariffs on Chinese EVs
Volvo has reportedly started moving production of EVs to Belgium in anticipation of the European Union's impending taxes on China-made cars.
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