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International Business

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Bank of England cuts interest rate to 4.25 pct amid global trade uncertainty
Bank of England cuts interest rate to 4.25 pct amid global trade uncertainty

A woman shops in a supermarket in Sheffield, Britain, Nov. 7, 2024. (Photo by Jon Super/Xinhua)The decision comes in the wake of sweeping...

Ukraine considers ditching dollar as reference currency - central bank chief
Ukraine considers ditching dollar as reference currency - central bank chief

Comments on potential changeover come as Kiev places hopes on faster EU accession ...

AI is a perfect storm threatening humanity
AI is a perfect storm threatening humanity

Artificial intelligence may bring about the end of the world as we know it but not in the way most would expect The global economy...

Shanghai's World Bank survey success reflects China's reform resolve
Shanghai's World Bank survey success reflects China's reform resolve

This aerial panoramic photo taken on Sept. 10, 2023 shows a view of Zhangjiang area of the China (Shanghai) Pilot Free Trade Zone in...

Banking sector transfers rise to AED3.4 trillion in Jan-Feb 2025: CBUAE
Banking sector transfers rise to AED3.4 trillion in Jan-Feb 2025: CBUAE

ABU DHABI, 8th May, 2025 (WAM) -- Banking operations statistics released today by the Central Bank of the UAE (CBUAE) showed that the...

'We don't expect silver to catch up with the gold rally' says Goldman Sachs
'We don't expect silver to catch up with the gold rally' says Goldman Sachs

New Delhi [India] May 8 (ANI): Gold will continue to outperform silver in the precious metals market, said Goldman Sachs in a recent...

Mediterranean

Section
Tesla sales plunge in Europe as Chinese rivals surge
Europeans continue to shun Tesla as April sales plunge

BRUSSELS, Belgium: Tesla's sales in Europe nosedived in April, with sharp drops across multiple countries, including an 81 percent...

Netanyahu welcomes Ecuador's President Daniel Noboa
Israeli PM meets with Ecuadorian president on eve of Gaza escalation

JERUSALEM - Despite a looming escalation of the war in Garza with tens of thousands of reservists being called up for a major ground...

India's Air Defence Units intercept eight missiles from Pakistan directed at Satwari, Samba, RS Pura, Arnia
India's Air Defence Units intercept eight missiles from Pakistan directed at Satwari, Samba, RS Pura, Arnia

Jaisalmer (Rajasthan) [India], May 8 (ANI): Pakistan fired eight missiles directed at Satwari, Samba, RS Pura and Arnia and all were...

David di Donatello Awards 2025: Timothee receives honorary award, Maura Delpero becomes first woman to win Best Director
David di Donatello Awards 2025: Timothee receives honorary award, Maura Delpero becomes first woman to win Best Director

Rome [Italy], May 8 (ANI): Maura Delpero's 'Vermiglio' took home Best Film and Director at the 70th edition of Italy's David di Donatello...

ISSF WC Shotgun stage: Maheshwari, Abhay miss out on finals
ISSF WC Shotgun stage: Maheshwari, Abhay miss out on finals

Nicosia [Cyprus], May 8 (ANI): Olympian Maheshwari Chauhan closed with a 25 and Abhay Singh Sekhon with a 23, but both fell just short...

Fyodor Lukyanov: The West is dismantling the foundations of 1945
Fyodor Lukyanov: The West is dismantling the foundations of 1945

Why the cracks in the World War II settlement threaten global stability Eighty years is a long time. Over such a span, the world...