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Thursday, February 22, 2024

Business

Finland’s Presidential Election Heads to Runoff Amid Russia Threat

Finland's presidential election has advanced to a runoff as no candidate secured a majority in Sunday's closely watched vote, occurring against the backdrop of heightened tensions with Russia, NATO's...

Landslide Strikes Southern China, Burying Dozens and Forcing Hundreds to Evacuate

A landslide occurred on Monday in Yunnan Province, southwestern China, resulting in at least...

World Bank Warns of Potential “Wasted Decade” and Weakest Growth in 30 Years

The global economy faces the risk of enduring a "wasted" decade, with the weakest...

Israeli Military Pursues Top Hamas Leaders, Offering Bounties in Ongoing Conflict

The Israeli military intensifies its efforts to locate and neutralize top Hamas leaders in...

Advertising Exodus Could Cost X Up to $75 Million in Revenue

X, the social media platform formerly known as Twitter, is facing a potential loss...

Advertising Exodus Could Cost X Up to $75 Million in Revenue

X, the social media platform formerly known as Twitter, is facing a potential loss of up to $75 million in advertising revenue by the...

California Files Lawsuit Against Major Oil Corporations, Alleging Decades of Misrepresentation

On Friday, the state of California filed a lawsuit against many of the largest oil firms in the world, saying the businesses misled the...

Film Studios Reveal Proposal on 113th Day of Writers Strike in Hollywood

The major entertainment studios took the unprecedented step on Tuesday night of publicly releasing details of their latest proposal to the union that represents...

Hong Kong Stock Market Enters Bear Territory, Adding to Growing Concerns About China’s Economic Situation

As investors became more concerned that the poor position of China's real estate industry may leak over into the wider economy, Hong Kong stocks...

Amid Lingering Threats, Global Economy Demonstrates Resilience and Optimism

The International Monetary Fund (IMF) said on Tuesday that despite persistent inflation and a slow recovery in China, the global economy is showing indications...

Nayaha: Where Politics and Gaming Converge to Empower Active Citizenship

In today's fast-paced digital age, staying informed and engaged with politics is crucial for shaping a better future. Nayaha is a revolutionary Indian socio...

First Sales Decline Reported by Snap Since Going Public

Snap, Snapchat's parent company, announced a decline in revenue on Thursday for the first time since going public as the app developer grappled with...

First Republic Bank suffers a significant loss of $102 billion in customer deposits

After the financial crisis that hit the United States last month, First Republic Bank was the most threatened institution. On Monday, the bank revealed...

The I.R.S. has revealed an $80 billion initiative to revamp tax collection

On Thursday, the Internal Revenue Service revealed a proposal to turn itself into a "digital first" tax collector that would concentrate on customer service...

Johnson & Johnson Agrees to Pay $8.9 Billion in Talc Settlement

Lawyers for the plaintiffs in a decade-long court battle against Johnson & Johnson over claims that their talcum powder caused cancer said on Tuesday...

Tesla ordered to pay $3.2 million to employee for discriminatory treatment based on race, according to jury verdict

A Black man who had accused Tesla of disregarding racial harassment he suffered while working at its California plant was awarded around $3.2 million...

Texas Observer changes course, decides against shutting down and laying off staff

The board of the organisation that owns The Texas Observer decided on Wednesday to reverse its previous decision to lay off the magazine's employees,...

Credit Suisse to be acquired by UBS in a deal

UBS, the biggest bank in Switzerland, reached an agreement on Sunday to purchase its troubled and longstanding competitor Credit Suisse for around $3.2 billion....

Investors Express Concern Over Silicon Valley Bank’s Financial Stability Amid Industry Challenges

Investors in Silicon Valley Bank, one of the largest banks in the United States focused on the technology and innovation sector, are expressing concern...

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