The mining sector is abuzz with speculation as reports surface about potential mergers and acquisitions (M&A) among industry giants, particularly Rio Tinto and Glencore. Although talks between the two companies were reportedly brief and are believed to have ended, the mere prospect of such a...

The U.S. electric vehicle (EV) industry is facing a significant shift as President Donald Trump takes steps to undo policies enacted by his predecessor, Joe Biden. On Monday, Trump issued an executive order reversing key measures that had aimed to accelerate the transition to electric vehicles. The...

In 2024, the number of billionaires in the world increased by 204 people, to 2769. The total wealth of billionaires for the year increased by $2 trillion, states an annual report by Oxfam, an association of charitable organizations dedicated to solving the problems of poverty. Oxfam estimates that...

On January 20, 2025, the People's Bank of China (PBOC) announced the retention of its benchmark lending rates for the third consecutive month, a decision influenced by the ongoing depreciation of the yuan. The one-year loan prime rate (LPR) remains at 3.1%, while the five-year LPR is steady at...

In a strategic pivot, the Indian government is transitioning from its earlier emphasis on disinvestment to a comprehensive overhaul of state-owned enterprises (SOEs). This move aims to enhance the profitability and efficiency of over 200 public sector undertakings (PSUs), marking a significant...

India, one of the world's largest oil consumers, may face a looming economic crisis due to recent U.S. sanctions aimed at curbing Russian oil exports. With these sanctions, India could experience higher energy costs and inflationary pressures, especially as it seeks to maintain its energy demands...

China’s economic landscape in 2024 has been a mix of achievement and turbulence. While the government celebrated reaching its 5% growth target, concerns about the sustainability and quality of this growth have come to the forefront. A closer look reveals a troubling imbalance, with industrial and...

According to a press release on the White House website, U.S. citizens cannot securely conduct online transactions, which results in $56 billion lost each year to identity theft fraudsters. Alongside, the paper released an executive order from the U.S. president focused on enhancing cybersecurity...

Producers across nearly all sectors of the EU economy lowered greenhouse gas emissions from 2013 to 2023. In 2023, emissions from household and economic activities reached 3.4 billion tons of carbon dioxide equivalent (CO2), reflecting a 7% decrease from 2022 and an 18% reduction compared to 2013....