Social Media

Social Media Giants Face Lawsuits Over Alleged Role in Youth Mental Health Crisis

Meta Platforms Inc., Google, TikTok, and Snap Inc. are facing mounting legal challenges from U.S. school districts, accusing the tech giants of contributing to a youth mental health crisis through the addictive design of their apps. The ruling by U.S....
Qantas Airways

Qantas Airways Signals No Opposition to Qatar Airways’ Investment in Virgin Australia

Australia's aviation industry, Qantas Airways has clarified that it holds no opposition to Qatar Airways' proposal to acquire a 25% stake in Virgin Australia, the country's second-largest airline. The announcement, made by Qantas Chair John Mullen and CEO Vanessa Hudson...
electronic board showing Japan's Nikkei average and related indices at the Tokyo Stock Exchange in Tokyo

Asian Equity Markets Mixed Amid Decline in Treasury Yields; Japanese Stocks Lag Behind

Asian equity markets displayed a mixed performance on Friday, with several key benchmarks advancing while Japanese shares faltered in response to a stronger yen. The decline in U.S. Treasury yields provided some relief to global markets, lifting sentiment and offsetting...
BRICS countries

China’s Vision for Strengthened BRICS Economic Cooperation: Establishing China Center for Cooperation on Development of Special Economic Zones

In a significant stride towards fostering deeper collaboration and economic integration among the BRICS nations, China has announced the establishment of a China Center for Cooperation on Development of Special Economic Zones (SEZs) across BRICS countries. This innovative move, which...
Western sanctions on Russia

Russian Ozernoye’s Zinc Production Faces Delays Amid Western Sanctions: Global Supply Chain in Flux

The imposition of Western sanctions on Russia’s zinc miner Ozernoye has left the company grappling with severe operational disruptions, threatening to impact the global zinc supply in 2025. According to three industry sources, the sanctions have impaired Ozernoye's ability to...
China’s Tourism Industry Faces Harsh Reality Despite Optimistic Travel Data

Record Defaults in China’s Local Debt Market Leave Investors Reeling

Defaults in China’s opaque local debt market have surged to an all-time high, catching investors off guard, as they mistakenly assumed these investments carried an implicit guarantee from the state. The rapid rise in defaults has left many retail investors,...
16th BRICS Summit are displayed in Kazan, Russia

China’s Vision for Strengthened BRICS Economic Cooperation: Establishing China Center for Cooperation on Development of Special Economic Zones

In a significant stride towards fostering deeper collaboration and economic integration among the BRICS nations, China has announced the establishment of a China Center for Cooperation on Development of Special Economic Zones (SEZs) across BRICS countries. This innovative move, which...
us dollar

U.S. Faces Growing Economic Woes as Interest Payments Surpass Defense Spending

In Greek mythology, the Trojan princess Cassandra stood as an infamous figure whose prophetic powers were both a blessing and a curse. Gifted by Apollo with the ability to foresee future events, she warned her fellow Trojans that the wooden...
Arm Holdings Plc Qualcomm Chip Design

Arm Holdings Cancels Qualcomm’s Chip License, Escalating Legal Battle Over Smartphone Technology

In a move that could profoundly affect the smartphone and personal computing markets, Arm Holdings Plc has announced the cancellation of a key architectural license that allowed longtime partner Qualcomm Inc. to use its intellectual property for designing chips. This...
Japanese Finance Minister Katsunobu Kato

Japanese Finance Minister Katsunobu Kato Issues Warning Against Yen Speculation Amid Market Turbulence

In a critical statement on Wednesday, October 11, Japanese Finance Minister Katsunobu Kato issued a sharp warning against speculative activity in the currency market, expressing concerns over the ongoing "one-sided, rapid" depreciation of the yen. Speaking at a press conference...
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