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Tue, Jul 21, 2026 10:46 AM All times are UTC

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Nigeria wants to revamp its railway network. Four things it needs to do to succeed

Oct 16, 2023 06:46 am UTC| Economy

Nigerias railway network serves only a small portion of the country. The country is 923,770km, with a railway network of 3,505km colonial narrow gauge and 669km modern standard gauge. Egypt, not that much larger than...

Global Geopolitics Series

Estonia-Finland pipeline explosion: what's the evidence that the damage was deliberate?

Oct 16, 2023 06:42 am UTC| Economy

Finlands president, Sauli Niinist, has alluded to outside activity and said sabotage is likely to be the cause of damage to an important gas pipeline that links it to Estonia. The pipeline suffered a leak in Finnish...

Oil in Global Economy Series

Western sanctions haven't curbed Russian oil profits, but the green energy transition could

Oct 16, 2023 06:37 am UTC| Insights & Views Economy

Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its invasion of Ukraine last year. The idea was to curtail the amount Russia makes...

Global Geopolitics Series

Empire building has always come at an economic cost for Russia – from the days of the czars to Putin's Ukraine invasion

Oct 16, 2023 06:35 am UTC| Insights & Views Economy

President Vladimir Putins invasion of Ukraine has come at huge economic costs. By conservative estimates, the Russian economy has taken a US$67 billion annual hit as a result of war expenses and the effects of economic...

Inequality: troubling trends and why economic growth in Africa is key to reducing global disparities

Oct 16, 2023 06:31 am UTC| Economy Life

Inequality remains on the top of the policy priority list for most countries in the world. Branko Milanovic, a leading scholar on inequality, recently delivered a lecture titled Recent changes in the global income...

Qualcomm to Lay Off 1,258 California Employees Amid Cost-Cutting Measures

Oct 13, 2023 10:58 am UTC| Business Economy

Qualcomm Incorporated will lay off 1,258 employees across two California offices, according to recent filings with the Employment Development Department of California. The move follows indications of workforce reductions...

Google Opens 'Visitor Experience' at Mountain View HQ Featuring Cafe, Store, Event Space

Oct 13, 2023 10:05 am UTC| Business Economy

Googles Mountain View headquarters is no longer a closed campus; it now invites the general public to partake in a new Visitor Experience, including a cafe, a store, and an event space. On Thursday, Oct. 12, Google...

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Economy

Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields

Japanese Prime Minister Sanae Takaichi unveiled her first economic policy blueprint on Tuesday, pledging to increase investment in strategic growth sectors while reaffirming cooperation with the Bank of Japan (BOJ)....

Asian Currencies Hold Steady as Middle East Tensions Boost US Dollar, Oil Concerns

Asian currencies traded in a narrow range on Tuesday as investors remained cautious over escalating conflict in the Middle East, supporting the U.S. dollar while rising oil prices pressured currencies across the regions...

US Dollar Holds Near One-Week High as Middle East Tensions and Oil Prices Drive Market Sentiment

The U.S. dollar remained close to a one-week high on Tuesday as investors balanced escalating geopolitical tensions in the Middle East against growing hopes for a potential ceasefire. Currency markets stayed cautious as...

Gold Climbs Above $4,000 as Middle East Tensions and Fed Outlook Drive Safe-Haven Demand

Gold prices moved higher on Monday, climbing back above the key $4,000-per-ounce level as investors balanced rising geopolitical tensions in the Middle East with expectations for the U.S. Federal Reserves next policy...

Asian Stocks Rise as Oil Retreats on Iran Ceasefire Hopes Ahead of Key AI Earnings

Asian stock markets advanced on Tuesday as easing oil prices and renewed hopes for a ceasefire between Iran and the United States improved investor sentiment, although caution remained ahead of major technology earnings...

Politics

Trump-Aligned MAGA Inc Builds $400 Million War Chest Ahead of Midterm Elections

MAGA Inc, the super political action committee aligned with U.S. President Donald Trump, has accumulated more than $400 million as Republicans prepare for the November U.S. midterm elections, according to a new filing with...

Civil Rights Groups Sue Trump Administration Over Childcare Funding Freeze and Influencer's Role

Civil rights organizations have filed a lawsuit against President Donald Trumps administration, challenging its attempt to restrict billions of dollars in federal childcare and family assistance funding while seeking...

ASEAN Summit Faces Pressure as U.S.-Iran Conflict, South China Sea Tensions Dominate Agenda

Foreign ministers from the Association of Southeast Asian Nations (ASEAN) and key global partners are meeting in Manila this week as rising geopolitical tensions threaten to overshadow the regional diplomatic agenda. The...

China Conducts Live-Fire Naval Drill Near Japan’s Okinotori Island Amid Joint Operation With Russia

China conducted a live-fire naval exercise near Japans remote Okinotori Island over the weekend while operating alongside Russian warships, marking another sign of expanding military cooperation between Beijing and Moscow...

Trump Administration Weighs Ending Support for UN Refugee Agency UNHCR

The Trump administration has recently considered ending U.S. engagement with the United Nations refugee agency (UNHCR), according to multiple Reuters sources, raising concerns about the future of one of the worlds largest...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Reveals 9.3% Stake in AI Cloud Firm Nebius Following $2 Billion Investment

Nvidia has disclosed that it holds a 9.3% stake in AI cloud infrastructure company Nebius, further strengthening its presence in the rapidly expanding artificial intelligence ecosystem. The disclosure follows Nvidias...

SpaceX Q2 Earnings on Aug. 4 Set Stage for Historic Insider Share Unlock

SpaceX (NASDAQ: SPCX) will report its second-quarter 2026 financial results after the market closes on August 4, marking its first earnings release since its record-breaking initial public offering. The company will also...

Samsung Cuts U.S. Consumer Electronics Jobs as Headquarters Moves to Texas

Samsung Electronics has reduced its workforce in the United States as it relocates the headquarters of its consumer electronics business from New Jersey to Texas, affecting hundreds of employees while maintaining that the...

ASML Trillion-Dollar Valuation: Can Europe’s AI Chip Giant Reach the Historic Milestone?

The global artificial intelligence boom has fueled a remarkable rise in ASMLs market value, positioning the Dutch semiconductor equipment maker as Europes most valuable listed technology company. Following...

Bank of America Says These Overlooked AI Stocks Could Be the Next Winners

While semiconductor companies, AI hardware makers, and the Magnificent Seven have dominated the artificial intelligence rally, Bank of America believes the next phase of AI-driven gains could come from less obvious...