Economy

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Mexico amends its regulations and eliminates Chinese components to protect the US-Canada trade agreement.

MEXICO CITY — In recent times, Mexico has faced significant criticism for supposedly acting as a route for Chinese components and products entering North America. This situation has raised concerns among Mexican...

Ghanaian designers tackle environmental issues caused by fast fashion waste in Africa.

ACCRA, Ghana — In the bustling secondhand clothing market of Ghana's capital, early risers sift through heaps of...

Key Information Regarding Scott Bessent, Trump’s Nominee for Treasury Secretary

Washington, D.C. — President-elect Donald Trump has selected financial expert Scott Bessent as his nominee for the Treasury Secretary position. Bessent, known for his advocacy of deregulation and reducing the federal deficit,...

EXCLUSIVE

Earnings at Atlantic City casinos decline by almost 14% in Q3.

ATLANTIC CITY, N.J. — The latest financial report from the New Jersey Division of Gaming Enforcement indicates a significant decline in operating profits for...

Supreme Court permits multibillion-dollar class action lawsuit to advance against Meta

The Supreme Court has decided to allow a significant class action lawsuit against Meta, the parent company of Facebook, to move forward. This lawsuit...

Adani Group’s stock sees rebound amidst concerns over US bribery and fraud allegations

NEW DELHI — Gautam Adani, a prominent Indian tycoon and one of Asia's wealthiest individuals, is now facing significant challenges following an indictment by...

Bank allocates substantial loans to support recovery efforts after Hurricane Helene in North Carolina.

Truist Financial Corporation has revealed its commitment to help individuals, businesses, and local governments recover from the devastation caused by Hurricane Helene in North...

Trudeau’s Canada Plans Tax Reductions and Direct Payments for Millions Ahead of Election

HALIFAX, Nova Scotia — On Thursday, the government of Prime Minister Justin Trudeau unveiled a new initiative aimed at easing financial pressures on Canadians...

UK and France launch investigation into bribery and corruption involving Thales, a French defense contractor.

British and French law enforcement agencies have initiated an investigation into the defense company Thales, based in France, amid allegations of bribery and corruption....

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Essential information regarding the suggested actions aimed at limiting Google’s dominance in search.

U.S. authorities are taking bold steps to enhance competition in the online search arena following a federal judge's ruling that Google has unlawfully dominated...

Elon Musk’s financial campaign may lead to a constitutional conflict during Trump’s second term.

WASHINGTON — Initially, when Elon Musk proposed an initiative aimed at reducing the size of the federal government, Donald Trump appeared to dismiss the...

Draft agreement from UN climate talks leaves uncertainty regarding climate financing for developing countries

BAKU, Azerbaijan — A new draft document unveiled early Thursday, which will underpin any potential agreement at the United Nations climate negotiations regarding financial...

Development and pollution pose growing threats to Indonesia’s Papuan women’s mangrove forests.

JAYAPURA, Indonesia — In the southeastern part of Jayapura, Petronela Merauje makes her way through her floating village, inviting women to join her the...

Nvidia: The most valuable company on Wall Street and the numbers behind its ascent

Nvidia has reported impressive quarterly earnings that have surpassed the expectations of financial analysts. The tech company's semiconductors have experienced a surge in demand,...

Bill Hwang, the founder of Archegos hedge fund, sentenced to 18 years in prison for extensive fraud.

NEW YORK — On Wednesday, the founder of Archegos Capital Management, a hedge fund, received an 18-year prison sentence for committing fraud related to...

Judge halts governor’s attempt to withdraw Virginia from emissions reduction program.

A recent court ruling has determined that Virginia cannot exit a multi-state program aimed at reducing greenhouse gas emissions without the approval of the...

Unique coin from the California Gold Rush auctioned for $1.4 million

LOS ANGELES — Enthusiastic coin collectors seized the opportunity to acquire a rare $20 “double eagle” gold coin at an auction house in Southern...

Delta’s CEO claims Trump administration will undo the government ‘overreach’ experienced during Biden’s tenure.

The CEO of Delta Air Lines has expressed optimism about the incoming Trump administration, describing it as a potential “breath of fresh air” for...

Target announces a decline in its third-quarter earnings and offers a cautious forecast for the holiday season.

NEW YORK — In the third quarter, Target managed to achieve a modest increase in sales, but its profits took a hit as inflation-conscious...

Snack fairness: Spanish court penalizes supermarket for dismissing employee over croquette consumption

A Spanish court has confirmed a previous ruling that a supermarket employee was unjustly terminated for consuming a croquette that was intended for disposal...

Surging energy costs drive UK inflation to its highest point in six months for October

Inflation in the United Kingdom surged to a six-month peak in October, exceeding the targets established by the Bank of England’s policymakers. This shift,...

Ukraine achieves progress in clean energy development, making it more resilient against Russian attacks.

BAKU, Azerbaijan — Maxim Timchenko, the CEO of DTEK, Ukraine's largest private energy firm, recently unveiled data illustrating the contrast between the restoration of...

Congressional committee calls for strengthening the US-China trade ties

WASHNGTON — A congressional committee has put forth a recommendation to revise the United States' trade stance with China, advocating for the reversal of...

Trump appoints billionaire Howard Lutnick, a crucial transition adviser, as secretary of commerce.

WASHINGTON — President-elect Donald Trump has selected Howard Lutnick, the CEO of brokerage and investment firm Cantor Fitzgerald and a proponent of...

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