According to the company and cybersecurity specialists, a hacking organisation supported by the North Korean government infiltrated an American IT management company and used it as a launching pad to attack bitcoin companies.   JumpCloud, based in Louisville, Colorado, stated in a blog post...

The nation's oil minister, Pedro Rafael Tellechea, claims that exports are also increasing and will make up around 60% of the total. According to Venezuelan Oil Minister Pedro Rafael Tellechea, the country plans to raise oil output to over 1 million barrels per day (bpd) by the end of this year....

The International Energy Agency forecasts that the rate of growth of global energy consumption will be higher in 2024. The International Energy Agency (IEA) has lowered its forecast for growth in world electricity demand to 1.9% from a previous prediction of 2.6%, as shown in the organization’s...

According to official figures, British inflation dropped more than forecast in June and slowed to 7.9%, which will lessen some of the pressure on the Bank of England to continue hiking interest rates substantially.   As the Office for National Statistics reported that the consumer price...

In recent years, the luxury goods business has relied primarily on China and North America for growth, but recent Chinese economic numbers and a disappointing sales report from Cartier-owner Richemont show that both markets may be slowing.   Major luxury brands have spent millions of dollars...

The mines will open in the provinces of South Kivu and Maniema. The message from the governments states that the deal reached with Sakima calls for the construction of four industrial mines in the South Kivu and Maniema provinces. At that, it is now unclear which minerals would be extracted under...

António Guterres emphasized that the emergence of generative artificial intelligence "amazed and shocked" him. By 2030, the field of artificial intelligence (AI) could have made up to $15 trillion in contributions to the world economy, said UN Secretary-General António Guterres at a meeting of the...

The second quarter saw China's economy expand at a sluggish rate due to weak domestic and international demand. As a result, pressure on officials to provide additional stimulus to support activity increased.   It will be difficult for Chinese policymakers to maintain the economic recovery...

Washington "looks forward to working with India on an investment platform that will lower the cost of capital and increase private investment to accelerate India's clean energy transition," US Treasury head Janet Yellen stated. A deal between India and the US for a system of global minimum taxes is...