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Recent investigations have revealed that Credit Suisse, now part of UBS, maintained nearly 100 accounts linked to Nazis and Nazi-affiliated individuals, with some remaining active until as recently as 2020. The findings, initially reported by the Wall Street Journal and
Microsoft has announced plans to invest $80 billion in AI-enabled data centers during its current fiscal year, which ends in June 2025. More than half of this investment is allocated to the United States, reinforcing the company’s focus on strengthening
India has announced plans to fully power its Andaman and Nicobar Islands and Lakshadweep with 100 percent renewable energy. This initiative, driven by solar panels and windmills, marks a significant milestone in the country’s transition to sustainable energy sources. The
Emirates has introduced its first Airbus A350 into commercial service, marking a pivotal expansion of its fleet. The inaugural flight departed from Dubai International Airport to Edinburgh, signaling the beginning of the airline’s deployment of the advanced aircraft. The new
Asian markets displayed mixed performance on Thursday as trading resumed after the New Year holiday, with Chinese stocks leading losses amid weaker manufacturing data. Meanwhile, Singapore reported accelerated economic growth for 2024, signaling resilience despite regional uncertainties. China’s Caixin/S&P Global
The U.S. dollar index surged to its highest level in more than two years on Thursday, reflecting investor optimism about the U.S. economy and expectations surrounding the return of Donald Trump to the White House later this month. The index,
South Korean cryptocurrency entrepreneur Do Kwon has been extradited to the United States to face charges related to the collapse of Terraform Labs, which resulted in estimated investor losses of $40 billion. Kwon, the co-founder of Terraform Labs, appeared in
Emirates SkyCargo has expanded its freighter network by introducing a dedicated weekly service to Copenhagen Airport, Denmark. The addition brings the total number of freighter destinations served by the carrier to 38, reflecting growing demand for cargo transportation in Scandinavia.
Egypt’s food industry exports surged to approximately $5.5 billion in the first 11 months of 2024, reflecting a 17% increase from the $4.7 billion recorded during the same period in 2023. This $813 million rise represents the highest export value
Milan has implemented its most stringent ban on outdoor smoking to date, effective January 1, 2025. The new regulation, part of a broader initiative launched in 2021, aims to enhance air quality and protect public health in Italy’s financial and
