World Business

OPEC Cuts Oil Demand Projections for 2024 and 2025

OPEC Cuts Oil Demand Projections for 2024 and 2025

OPEC has cut its forecast for global oil demand growth in 2024 for the third consecutive time, citing data received…
Google Ordered to Open Android App Store to Competition

Google Ordered to Open Android App Store to Competition

A U.S. judge has ordered Alphabet’s Google to overhaul its mobile app business, giving Android users more freedom to download…
Irish Regulator Launches Investigation into Ryanair’s Facial Recognition Practices

Irish Regulator Launches Investigation into Ryanair’s Facial Recognition Practices

The Data Protection Commission (DPC) in Ireland has initiated an investigation into Ryanair’s use of facial recognition technology following numerous…
Emirates Suspends Flights to Iran, Iraq, and Jordan Due to ‘Regional Unrest’

Emirates Suspends Flights to Iran, Iraq, and Jordan Due to ‘Regional Unrest’

Emirates Airlines has announced the cancellation of all flights to and from Iraq (Basra and Baghdad), Iran (Tehran), and Jordan…
Turkey’s Inflation Slows to 49.4% in September, Below Expectations

Turkey’s Inflation Slows to 49.4% in September, Below Expectations

Turkey’s central bank has been raising interest rates since last year to combat soaring inflation after President Recep Tayyip Erdogan…
Billionaire Bernard Arnault Gains Control of Paris Match Magazine

Billionaire Bernard Arnault Gains Control of Paris Match Magazine

The luxury conglomerate LVMH, led by Bernard Arnault, officially acquired the French magazine Paris Match in a deal worth 120…
ADNOC Acquires German Chemicals Firm Covestro in Major Deal

ADNOC Acquires German Chemicals Firm Covestro in Major Deal

Rising energy costs, driven by Russia’s 2022 invasion of Ukraine, have significantly impacted chemical producers, a sector responsible for about…
Tenece Group CEO Emphasizes Innovation in Technology Leadership

Tenece Group CEO Emphasizes Innovation in Technology Leadership

Kingsley Eze, CEO of Tenece Group, highlighted the crucial role of innovation in driving growth and leadership within the technology…
ECB Chief Supports Bank Mergers Amid Discussions of UniCredit and Commerzbank

ECB Chief Supports Bank Mergers Amid Discussions of UniCredit and Commerzbank

European Central Bank (ECB) President Christine Lagarde expressed support for cross-border bank mergers during a recent hearing with the European…
German Antitrust Authority Increases Oversight of Microsoft

German Antitrust Authority Increases Oversight of Microsoft

The Federal Cartel Office in Germany has announced that Microsoft is now under heightened scrutiny, having been identified as “of…