Germany rises to third-largest economy, as recession hits Japan
Japan’s economy has been facing a challenging path to recovery, and recent data shows that the country has unexpectedly slipped into a recession, losing its [more…]
Britain’s economy enters into a recession
In the wake of the global COVID-19 pandemic, Britain’s economy faced another setback, slipping into a recession in the latter half of 2023. Official data [more…]
Asia’s golfing elite tee off in Malaysian Open, launching the Asian Tour’s 2024 season
The Asian Tour’s 2024 season teed off in Malaysia, setting the stage for what officials hope will be the biggest year yet for the tour. [more…]
Renesas electronics to acquire Altium in $5.91 billion deal
In a strong move to bolster its electronics design capabilities, Japanese chipmaker Renesas Electronics announced on Thursday its agreement to acquire Australian-listed electronics design company [more…]
Kellanova announces plant closures in US and UK
In a strategic move aimed at enhancing productivity and efficiency, Kellanova, a global food company, has announced the closure of two of its manufacturing plants—one [more…]
Uber to buy back up to $7 billion worth of shares, stock surges
Uber’s stock witnessed a significant surge on Wednesday, with the ride-hailing company announcing its plans to buy back up to $7 billion worth of company [more…]
EU urges urgent review of Israel’s actions in Gaza amid growing international concern
In a joint letter published on the Spanish government’s website, the Prime Ministers of Spain and Ireland have called on the European Commission to urgently [more…]
Singapore’s steep carbon tax increase signals commitment to carbon-neutral future
In a world increasingly aware of the urgent need to address climate change, Singapore is taking bold steps towards a carbon-neutral future. Last month’s steep [more…]
South Korean gaming companies granted licenses, see bright prospects in mainland China
South Korea’s game publishers have been granted licenses to operate in mainland China, and industry insiders and analysts predict a bright future for these companies [more…]
Maersk faces prolonged route challenges
Shipping giant Maersk has indicated that it does not anticipate resuming operations in the Red Sea in the near future due to ongoing threats from [more…]