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Friday, May 3, 2024

Europe

Davos 2024: A World Rebuilding Trust in the Shadow of Uncertainty

The 54th Annual Meeting of the World Economic Forum in Davos, Switzerland, concluded on January 19, 2024, leaving in its wake a multitude of insights, debates, and cautious optimism amidst a world grappling with geopolitical and economic anxieties. Under...

Nokia Reinvents Itself as a 5G Leader

Nokia, the Finnish telecommunications giant, is in the midst of a major transformation. Once a dominant player in the mobile phone market, Nokia has been struggling to compete in recent years. However, the company is now betting big on...

HSBC: A Global Banking Giant

HSBC Holdings plc is a British multinational banking and financial services holding company headquartered in London, England. It is the largest bank in Europe by assets and one of the world's largest banks by market capitalization. HSBC operates in...

Françoise Bettencourt Meyers: The Richest Woman in the World

Françoise Bettencourt Meyers is a French heiress and philanthropist. She is the granddaughter of Eugène Schueller, the founder of L'Oréal. Bettencourt Meyers inherited her mother's stake in L'Oréal, which is the world's largest cosmetics company. She is also the...

Microsoft’s $69 billion acquisition of Activision Blizzard clears final hurdle after EU approves deal

Microsoft's $69 billion acquisition of Activision Blizzard has cleared its final hurdle after the European Union approved the deal. The European Commission, the EU's antitrust regulator, said on Wednesday that it had approved the deal after finding that it would...

UBS bailed out Credit Suisse from the jaws of death

UBS, Switzerland’s largest bank has agreed to buy rival Credit Suisse in a deal that could save the bank but for how long? Earlier this month we have seen major banks teetering on the edge of collapse, banks such...

Modern-day Britain: The end of an Era

Queen Elizabeth’s II death has been permeating the western airwaves and for obvious reasons, Britain still has some form of political power around the world, even though they are just a mere carcass of its former self. I am...

Russia wants rubles for Wheat

Russia, the world’s largest wheat exporter will be demanding rubles for wheat from here on out. Ever since the war in Ukraine, where Russia is seen as the aggressor by most parts of the western region, there have been...

Russia’s rouble continues to strengthen despite an uptick in Western sanctions

Before the special operation started on February 24, 2022, there was a lot of rhetoric being spewed from the west talking about the impact their sanction “packages” will have on Russia’s economy. The aim of the sanctions that were...

Putin issues decree stating “unfriendly” countries should pay for rubles

Putin sticks to his word by issuing a decree to “unfriendly” countries that they should start finding ways to pay for Russian gas in rubles. Over the last couple of weeks, rumors were swirling around that Russia was planning...
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Twitter Rebrands to ‘X’

In a surprise move, Elon Musk has rebranded Twitter as "X." The change was announced on Sunday, and the...
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