Articles by Thea Felicity


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ETHIOPIA-ECONOMY-FACTORY
Major food companies accused of shrinkflation or charging the same or higher prices for reduced product sizes, while paying lower taxes than average Americans.
NORWAY-ENERGY-OIL-TRANSPORT-PRODUCTION-EQUINOR
Equinor invested $2.5 billion for a 9.8% stake in Danish offshore wind developer Orsted to expand its renewable energy portfolio despite sector challenges.
Taylor Swift | The Eras Tour - Amsterdam, Netherlands
Taylor Swift has become the world's richest female musician, surpassing Rihanna with an estimated net worth of $1.6 billion, primarily from her music and tours.
CHINA-ECONOMY-AUTOMOBILE-EVS
The EU has imposed new tariffs of up to 45% on Chinese electric vehicles to protect its car industry from perceived unfair subsidies.
US-LOGISTICS-TRADE-STRIKE-PORT
US East and Gulf Coast ports have reopened after dockworkers secured a 62% wage increase, but clearing a backlog of ships will take two to three weeks.
US-AVIATION-TRANSPORTATION
American Airlines is using machine learning to speed up gate allocation, reducing taxi times and fuel usage by analyzing real-time flight data.
COLOMBIA-SPAIN-ARCHAEOLOGY-HERITAGE-SHIPWRECK-GALLEON-SAN JOSE
The San José, a Spanish galleon that sank in 1708, contains treasures worth $7-$18 billion, but ownership disputes involve several claimants and remain unresolved.
FRANCE-US-ECONOMY-TECHNOLOGY-LABOUR-AMAZON
Amazon plans to hire 250,000 seasonal workers for the holiday rush as e-commerce sales are expected to soar.
CHINA-XINJIANG-UYGHURS
The U.S. added two Chinese firms, a steel manufacturer and an artificial sweetener maker, to its Uyghur forced labor blacklist, bringing the total to 75 companies.
US SEAFOOD RESTAURANT
The FTC has warned major US seafood restaurants about misleading claims that imported seafood is locally caught, following complaints from the local fishing industry.
ITALY-TRADITION-HAM-PARMA-GASTRONOMY
African swine fever is severely impacting Italy's $22 billion pork industry, causing mass pig slaughter, export bans, and financial losses.
FORTESCUE WEST AUSTRALIA
Mining giant Fortescue rejects the "fantasy" of net zero by 2050, instead aiming for "real zero" by 2040, urging immediate action to reduce carbon emissions and stop burning fossil fuels.
FRANCE-SPAIN-AIR-TRANSPORT-ENVIRONMENT
Boeing faces another safety concerns as the NTSB warns that over 40 foreign operators may be using 737 aircraft with potentially faulty rudder components, raising fears of loss of control.
ECONOMY MASTERCARD CREDITCARD
Mastercard plans to simplify subscription management by acquiring Minna Technologies, aiming to enhance consumer experience.
Georgia chemical plant fire
A chemical plant fire in Georgia has forced over 90,000 residents and businesses to shelter in place, with the EPA detecting chlorine in the air.
SWITZERLAND-FOOD-COMPANY-EARNINGS-NESTLE
Nestlé UK saw a 98% rise in pre-tax profit and 7.4% increase in sales in 2023, despite ongoing inflation and supply chain pressures.
https://www.gettyimages.co.uk/detail/news-photo/thousands-of-shipping-containers-in-the-port-of-los-angeles-news-photo/1435699
US East and Gulf Coast port workers plan to strike at Tuesday, potentially halting half of the nation's shipping and costing the US economy $5 billion daily due to a standoff over pay.
TOPSHOT-EMIRATES-BRITAIN-IRAN-TANKER
Oil prices saw a slight increase following Israel's airstrike that killed the Hezbollah leader, but no significant disruptions to oil supplies are expected as the market anticipates no major war between Iran and Israel.
BELGIUM-EU-HEALTH-VIRUS-VACCINES
Pfizer's goal to provide affordable medicines to 45 poor nations struggles with bureaucracy, reaching only 10 countries so far.
HONG KONG-CHINA-AVIATION-CATHAY
Cathay Pacific permanently banned a Chinese couple from flying after a viral video showed them harassing a fellow passenger over a reclined seat during a 17-hour flight.
Pro-Choice Supporters Rally In DC Against Restrictive Abortion Laws
Abortion organizations are cutting aid due to declining donations and rising travel costs, leaving many women unable to afford necessary procedures and travel expenses.
Southwest Airlines Announces It's Ending Its Open Seating
Southwest Airlines will cut operations in Atlanta by April 2025, reducing weekly flights from 567 to 381 and impacting over 300 employees.
Former FTX Founder And CEO Sam Bankman-Fried's Trial Continues In
Caroline Ellison, the former CEO of Alameda Research and key witness against FTX founder Sam Bankman-Fried, was sentenced to two years in prison and ordered to forfeit $11 billion for her role in FTX's fraud scheme.
FRANCE-US-TECHNOLOGY-INTERNET
Telegram will begin sharing user data with authorities in response to legal requests, raising concerns over free speech, especially for political dissidents using the platform.
DENMARK-PHARMACEUTICAL-OBESITY-EARNINGS-RESULTS
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Genetic Testing Giant 23andMe Loses Entire Board Over CEO’s Privatization Plans
23andMe’s board directors resigned as CEO Anne Wojcicki pushed to take the company private, while concerns remain over its financial struggles, privacy issues, and unresolved lawsuits.
Huawei's $2,800 Trifold Phone Gains Popularity in China Even Among Apple Loyalists
Huawei’s new trifold phone is gaining interest from Apple fans in Beijing due to its innovative design, even though it is more expensive than the iPhone 16.
US-ECONOMY-FED-RATE
Global stocks are reaching record highs following recent interest rate cuts, while the Japanese yen weakened as the Bank of Japan opted not to raise rates, contrasting with trends in the US and UK.
Cathay Pacific Grounds Planes Due to Airbus A350’s Alarming Engine Fire—What Could Have Happened?
An engine fire on a Cathay Pacific Airbus A350, caused by a damaged fuel hose, forced the airline to ground its fleet for inspections to prevent further incidents.
China Bans Taiwan’s Fruit and Seafood Imports, Igniting Trade Dispute
China has banned Taiwan’s fruit, seafood, and vegetables imports, escalating tensions over trade and military issues.
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