Business
Argentina economy forecast to extend recession in second quarter
By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's economy likely shrank 1.4% in the second quarter versus a year earlier, a Reuters…
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Business
Julius Baer appoints team head for Asia Switzerland
Reto Buerer has been appointed as team head Asia Switzerland by Julius Baer. He is based in Zurich and will report to Christian Capelli,…
Business
Thailand’s New Government Wades Back Into Central Bank Feud
(Bloomberg) -- Thailand’s new government has revived calls for the central bank to reduce borrowing costs, with Prime Minister Paetongtarn…
Business
China’s Fading Hunger for Grain Spells Trouble for World Farmers
(Bloomberg) -- Warehouses across China are bulging with grain as a deepening economic crisis takes hold, leaving the world’s farmers to…
Business
Hispanic Heritage celebration kicks off in Wilkes-Barre
WILKES-BARRE, LUZERNE COUNTY (WBRE/WYOU) — Some local organizations helped mark the start of Hispanic Heritage Month, which kicks off on…
Business
China’s Deepening Slowdown Tests Xi’s Tolerance for Growth Miss
(Bloomberg) -- Back in January, Premier Li Qiang trumpeted China’s success in exceeding its 2023 growth goal without resorting to “massive…
Business
Brazil judge seizes $3 million from Musk to pay X fines
Brazil's Supreme Court said Friday that a judge has ordered the transfer of some $3 million from Elon Musk's companies to pay fines…
Business
Sudan is burning and foreign powers are benefiting – what’s in it for the UAE
The United Nations has accused foreign players of prolonging the war in Sudan, making it harder for the country to find peace. The…
Business
Brazil Withdraws $3.3 Million From Musk Companies’ Accounts
(Bloomberg) -- Brazil withdrew 18.35 million reais ($3.3 million) from the bank accounts of Elon Musk’s X and Starlink to pay for fines…
Business
Post COVID, China is no longer the “undisputed leader” in attracting FDI
Risks of investing in China are outweighing the benefits, according to the European Business in China Position Paper 2024/2025. The EU…
Business
Uzbekistan eyes tripling of textile, apparel exports to $6.5bn by 2026
Key speakers at the event included leading Uzbekistan textile producers, international investors, and representatives from public…
Business
Volkswagen scraps job guarantees in Germany
Volkswagen Group has said it is scrapping labour agreements in Germany in a move that could pave the way for job cuts at six plants in…
Business
Namibia partners with Chinese companies to build solar power plant
Namibia's state-owned power utility NamPower has partnered with two Chinese companies to commence the construction of the country's…
Business
A deep dive into China’s role as “critical mineral monolith”
As a leading producer of graphite, lithium and refined copper, China has an increasingly dominant position in critical mineral supply…
Business
A different kind of Mediterranean cruise: Aurora Expeditions adds new small-ship voyages
Aurora Expeditions is known for its voyages to wild destinations like Antarctica and the Arctic. But the company will offer new adventures…
Business
Radisson Hotel Group rebrands prizeotel to Prize by Radisson
Radisson Hotel Group has announced the rebranding of prizeotel to Prize by Radisson, alongside new hotel signings in Central Europe. The…
Business
Chinese tanks pictured pulling back from contested border region, not 'invading Indian territory'
Screenshot of the false X post, captured on September 9, 2024 Nuclear-armed rivals China and India have long competed for strategic…
Business
Felittese Festival wraps up in Old Forge
OLD FORCE, LACKAWANNA COUNTY (WBRE/WYOU) — After a weather hiccup on Saturday, conditions could not be better for the final day of a…
Business
NASA Telescope Finds 'Distorted' Galaxy That Looks Like a Question Mark
Astronomers in Canada used the James Webb Space Telescope — and a third time-and-space-bending galaxy cluster — to capture an image of two…
Business
Volkswagen chief executive says situation 'alarming,' cuts needed
The chief executive of Germany's Volkswagen Group has described the situation at the company's core VW brand as "alarming," days after…
Business
Buick Driver Collides with $3 Million Koenigsegg Agera R in China
Read the full story on Modern Car Collector A Buick Verano hatchback has collided with a $3 million Koenigsegg Agera R, one of the world’s…
Business
Repubblica: Milan listed as ‘potential investment’ by Arabian Investment Ministry
Rumours and reports about Saudi Arabian interest in AC Milan have been on the rise in the past year, and today, there is a new lead about…
Business
Christmas mass celebration footage falsely linked to Pope's Indonesia trip
A video from 2023 showing a nighttime mass to celebrate Christmas in Indonesia's capital Jakarta has resurfaced in social media posts that…
Business
Brickbat: Equal Pay for Unequal Work
An employment tribunal in the United Kingdom has ruled that the Next clothing chain should not pay its retail workers, who are mostly…