Markets | Ideals

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

South Korea's parliament passed a bill on Tuesday to ban the consumption and sale of dog meat, outlawing the contentious centuries-old practice amid increased support for animal welfare. ...

The Two Priciest Cities In The World Are Singapore And Zurich

The Economist Intelligence Unit (EIU) has announced that Singapore and Zurich were tied for the most expensive cities in the world this year, followed by Geneva, New York, and Hong Kong....

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

The more than a decade-long history of cryptocurrency has clearly demonstrated that the world is keen on the new form of money. The crypto frenzy has even prompted leading central banks to work on...

Europe Accelerates Drive for Digital Sovereignty Amid U.S. Tech Dominance

US Accuses DeepSeek of Supporting China’s Military and Bypassing Export Controls

Tesla’s Robotaxi Rollout Confronts Steep Operational and Regulatory Hurdles

Beijing Grapples with Deepening Real Estate Slump as Demographics and Debt Take Their Toll

Tesla’s Strategy of Remote Controlling Robotaxis Despite its Limitation

Fed Policymakers Divided Over Balancing Inflation Risks and Timing of Rate Cuts

Tech Giant Google Agrees to Highlight Competitors in Search Results Amid EU Pressure

Humanoid Robotics Set to Reshape AI Server Manufacturing in Houston

Oil Markets on Edge as Investors Anticipate Surge After U.S. Strikes on Iran

Tesla Ignites Autonomous Mobility Era with Robotaxi Service Launch

Stellantis Eyes Maserati Sale Amid Broad Portfolio Shake‑Up

Lilly Anticipates Landmark Obesity Trial Readout for Oral GLP-1 Pill in Third Quarter

Markets

As Consumers Make Fewer Purchases, American Retailers Are Lowering Clothing Prices

American consumers have been buying less clothing due to inflation, which has forced retailers to slash prices in order to clear out inventory. The second-quarter net sales for Gap fell 8% from a year earlier to $3.86 billion, the retailer reported on Thursday. Gap is the latest to report a decline...

Germany Authorises Energy-Saving Measures For The Winter

The German government has approved a series of wintertime energy-saving measures that will reduce the amount of lighting and heating used in public structures. Through the new regulations, the government hopes to reduce gas consumption by 2 per cent. The rules, according to Germany's...

China Has Slapped Economic Restrictions On Taiwan In Response To Pelosi's Visit

China restricted natural sand exports to Taiwan and froze imports of fruit and seafood goods from the self-governed island on Wednesday, as US House of Representatives Speaker Nancy Pelosi visited Taiwan in a trip criticised by Beijing. Chinese customs had blocked imports from 35...

Credit Suisse Replaces Its CEO And Initiates A Strategy Review In The Wake Of A Large Second-Quarter Loss

In its most recent effort to recover from a string of scandals and losses, Credit Suisse Group AG chose Ulrich Koerner as its new chief executive on Wednesday and announced cost cutbacks as part of a strategic assessment. The announcement is the result of months of pressure on the...

Japan Reduces Its Fiscal Year GDP Growth Is Expected To Be 2% Due To A Drop In Global Demand

Japan's government cut its economic growth prediction for this fiscal year, citing falling foreign demand, Russia's war in Ukraine, China's tight COVID-19 lockdowns, and a weaker global economy. The prediction, which serves as the foundation for the state budget and the government's fiscal...

Property Developers In China Accepting Farm Produce As Payments For Homes

In recent months, several Chinese property developers have stated that they will take food as payment for properties in order to entice consumers. Companies offered arrangements in which customers could use products, such as peaches, watermelons, and garlic, as down payments on new homes. ...

Price Hike In Turkey Is The Fastest For 24 Years

According to the most recent official numbers, prices in Turkey are rising at their quickest rate in 24 years. In June, the annual rate of inflation, or the rate at which prices grow, was 78.62 per cent, somewhat more than expected. Transportation and housing prices rose the most,...

A Financial Dispute Threatens An EU Agreement On New Climate Laws

A disagreement over how to protect poorer residents from European Union proposals to put a price on pollution is threatening to derail the bloc's agreement on a slew of new green initiatives. Environment ministers from the EU's 27 nations will gather on Tuesday to try to reach an agreement...

Climate Warming Is Causing Catastrophic Heat And Flooding In 2022

Extreme weather events, ranging from blistering heatwaves to abnormally heavy downpours, have caused extensive disturbance around the world this year, killing hundreds and displacing millions. Monsoon rains have caused devastating flooding in Bangladesh, while violent heatwaves have...

To Alleviate Shortages, Cash-Strapped Sri Lanka Will Eliminate Its Petroleum Duopoly

Sri Lanka will enable oil-producing countries' corporations to import and sell petroleum, the power and energy minister said on Tuesday, breaking a duopoly as the country works to address a petrol and diesel shortfall that is deepening an economic crisis. The Cabinet decision occurred as...

G7 To Increase Penalties On Russia, Is Close To Reaching An Agreement On Oil Price Ceiling

A senior US official said on Monday that the Group of Seven rich democracies will commit to a new package of coordinated actions on Tuesday to put pressure on Russia over its war in Ukraine, as well as finalise plans for a price restriction on Russian oil. The revelation occurred as the...

Investors In Meme Stocks Believe Bankrupt Revlon Will Become The Next Hertz

Revlon Inc is a risky bet even for a seasoned meme stock trader like Mike Minutelli. The 30-year-old plumber from Oxford, North Carolina, made a 350% profit last week by selling half of the shares in the US cosmetics company he purchased after it filed for bankruptcy on June 16. He...

Lifestyle

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

The Two Priciest Cities In The World Are Singapore And Zurich

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

Europe Accelerates Drive for Digital Sovereignty Amid U.S. Tech Dominance

US Accuses DeepSeek of Supporting China’s Military and Bypassing Export Controls

Tesla’s Robotaxi Rollout Confronts Steep Operational and Regulatory Hurdles

Beijing Grapples with Deepening Real Estate Slump as Demographics and Debt Take Their Toll

Tesla’s Strategy of Remote Controlling Robotaxis Despite its Limitation

Fed Policymakers Divided Over Balancing Inflation Risks and Timing of Rate Cuts

Tech Giant Google Agrees to Highlight Competitors in Search Results Amid EU Pressure

Humanoid Robotics Set to Reshape AI Server Manufacturing in Houston

Oil Markets on Edge as Investors Anticipate Surge After U.S. Strikes on Iran

Tesla Ignites Autonomous Mobility Era with Robotaxi Service Launch

Stellantis Eyes Maserati Sale Amid Broad Portfolio Shake‑Up

Lilly Anticipates Landmark Obesity Trial Readout for Oral GLP-1 Pill in Third Quarter

As Consumers Make Fewer Purchases, American Retailers Are Lowering Clothing Prices

Germany Authorises Energy-Saving Measures For The Winter

China Has Slapped Economic Restrictions On Taiwan In Response To Pelosi's Visit

Credit Suisse Replaces Its CEO And Initiates A Strategy Review In The Wake Of A Large Second-Quarter Loss

Japan Reduces Its Fiscal Year GDP Growth Is Expected To Be 2% Due To A Drop In Global Demand

Property Developers In China Accepting Farm Produce As Payments For Homes

Price Hike In Turkey Is The Fastest For 24 Years

A Financial Dispute Threatens An EU Agreement On New Climate Laws

Climate Warming Is Causing Catastrophic Heat And Flooding In 2022

To Alleviate Shortages, Cash-Strapped Sri Lanka Will Eliminate Its Petroleum Duopoly

G7 To Increase Penalties On Russia, Is Close To Reaching An Agreement On Oil Price Ceiling

Investors In Meme Stocks Believe Bankrupt Revlon Will Become The Next Hertz

World

WHO Faces Major Budget Cuts: The Impact on Global Health

UK Detects First Case of Bird Flu in a Sheep, Stoking Fears of Spread

2024: A Year Marked By Escalating Climate Extremes

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals

People

When Allies Turned Adversaries: The Dramatic Implosion of the Trump–Musk Alliance

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age