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Novartis buys Regulus Therapeutics, deal expected to hit $1.7 bln 05/02/2025

Pending home sales index in the U.S. in March hits maximum since 2023 05/02/2025

Qatari sheikh's family office to invest $8.8bn to create financial hub in Maldives 05/06/2025

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World & Politics

Axios reports record number of renunciations of US citizenship among the wealthy

The number of wealthy people who gave up their US citizenship last year set a record, Axios wrote. Nearly 7,000 people with assets worth more than $2 million surrendered their passports. The publication linked the trend to the wealthy's desire to save on taxes. In 2020, an all-time record number of...

WHO calls for moratorium on revaccinations until end of September

A temporary moratorium on revaccinations should be imposed until the end of September, World Health Organisation director-general Tedros Adhanom Ghebreyesus said at a press conference on Wednesday. WHO experts, however, believe that the moratorium will probably need to be extended further in order...

EU, US accuse China of cyberattack through Microsoft Exchange

European Union countries have been hit by cyberattacks from China through a vulnerability in Microsoft's Exchange Server software. This put thousands of computers at risk, including in European countries and EU institutions. In this regard, the EU calls on China to take action against...

India bans Mastercard from issuing new cards

India's central bank has banned Mastercard from issuing new debit and credit cards to Indian customers. The ban will take effect from 22 July and has no expiry date. "Although much time has passed and the company has been given ample opportunity, we have concluded that Mastercard is not complying...

EU to allow hijab bans

The Supreme Court of the European Union has ruled that companies can ban Muslim women from going to work wearing hijabs. However, such bans are only possible if a company wants to demonstrate its neutrality towards any beliefs, Reuters reports. This was the court's decision in two cases of...

WHO announces third wave of the coronavirus pandemic

The WHO chief stated that the world is stepping into the third wave of the pandemic. He noted that the delta strain was now present in more than 111 countries and pointed to the uneven distribution of vaccines and access to lifesaving tools in different parts of the world. The number of new cases...

UK police seizes record £294m in cryptocurrency

Police in the UK are conducting a massive operation to uncover funds of criminals trying to launder their money through cryptocurrencies. In one investigation lasting several months, £294 million in cryptocurrencies was seized. As noted in a London Police report, a few weeks ago, the...

UN: Global hunger rises to its highest in 15 years

In 2020, the UN recorded the highest level of world hunger in 15 years. The reason for the rise since 2005 was the coronavirus pandemic, which has cut people's incomes and worsened access to food, writes Bloomberg with reference to the report of the organization, the first global assessment of food...

Global energy consumption drops to the lowest since 1945

Global energy consumption in 2020 will fall by 4.5% year-on-year, the highest level of decline since 1945, according to BP's annual Statistical Review of World Energy 2021. "Energy consumption fell by 4.5% in 2020, the biggest drop since 1945," the review said. It notes that oil accounted for...

Henley & Partners: number of overseas trips remains low

International mobility remains extremely difficult, according to a new passport ranking by consultancy Henley & Partners. It says the number of international trips lags behind the 2019 figure by 88% due to the high number of closed borders. The H&P ranking assesses passports by the number...