Canada to raise fees for permanent residency applications
Starting April 30, 2024, Canada’s immigration department, IRCC, will increase fees for permanent residency applications. The fee, currently at $515,…
Category: World
US employment boom leaves factory workers behind
The Ariens Company, famous for its bright orange snow blowers and lawnmowers, had a tough time last summer when sales…
US has not asked India to cut Russian oil purchases, American official says
The United States hasn’t told India to stop buying oil from Russia. Instead, they want to make sure the global…
Global markets watchdog proposes closer scrutiny of stock exchanges
The International Organization of Securities Commissions (IOSCO) suggested new guidelines on Thursday to help regulators keep a closer eye on…
Japanese companies agreed on biggest wage hike in 33 years, union group says
A group of Japanese companies have agreed to increase wages by 5.24% this year, according to Rengo, the country’s largest…
Markets brace for federal reserve speech over rate cuts
As markets navigate a shaky start to the second quarter, all eyes are on Federal Reserve Chair Jerome Powell’s upcoming…
Virgin Atlantic expects profitability in 2024 Demand
Virgin Atlantic anticipates returning to profitability in 2024 following robust revenue growth driven by increased demand from holidaymakers. The airline…
China revises car loan policies to boost auto trade-Ins and sales
China’s central bank has announced revisions to car loan policies aimed at promoting auto trade-ins and scrapping government-set minimum down…
Greece approves purchase of 35 Blackhawk helicopters from Lockheed Martins
Greece has greenlit the acquisition of 35 UH-60M Blackhawk helicopters from U.S. defense contractor Lockheed Martin Corp, as part of…
Thailand welcomes 9.4 million foreign tourists in Q4 2024
Thailand’s tourism ministry announced on Tuesday that the country recorded 9.4 million foreign tourists in the first three months of…
UBS launches $2 billion share buyback program
UBS announced on Tuesday the launch of a new share buyback program worth up to $2 billion, with half of…
South Asia’s jobs creation lags population growth, says World Bank
The World Bank cautioned on Tuesday that job creation in South Asian economies is lagging behind the increase in the…
Frontier airlines operate high-fare markets to improve earnings
Frontier Airlines, a U.S. no-frills carrier, is adjusting its strategy to prioritize growth in “high fare” markets like Seattle and…
Disney gains upper hand in boardroom battle against activist investors
Walt Disney (DIS.N) seems to have gained the upper hand in the battle for board seats and the future direction…
China will be a driving force for the world economic recovery, official says
China is poised to play a pivotal role in driving global economic recovery this year, according to Zhao Leji, the…
Dollar strengthens against euro and pound
On Thursday, the dollar strengthened against the euro and pound after a Federal Reserve policy maker indicated no rush to…
Ghana maintains high interest rate
Ghana’s central bank decided to keep its main interest rate at 29%, highlighting concerns over the country’s inflation outlook. Despite…
EU restrictions on second-hand clothes exports to impact Kenya
France, Denmark, and Sweden have proposed restricting the export of used clothing from the European Union (EU), citing concerns about…
Libya’s oil and gas minister temporarily suspended
The Government of National Unity in Libya has temporarily suspended its oil and gas minister, citing a legal investigation. The…
Revenue grows despite currency fluctuations- SPAR
South African grocery retailer and wholesaler, SPAR, announced an 8.8% rise in turnover for the 24-week period ending March 15.…
China to support Zambia’s debt restructuring efforts
China has pledged to continue collaborating with all stakeholders to facilitate Zambia’s debt restructuring process, according to a spokesperson from…
Xiaomi unveils “SU7” electric car
Xiaomi’s CEO recently revealed plans for the company’s first electric vehicle, the SU7, aiming to make it the most stylish,…
USA: TikTok bill faces uncertain fate in the Senate
As the week begins, markets in Europe and globally are experiencing a slow start due to upcoming holidays. Despite the…
Neuralink: Musk’s firm says first brain-chip patient plays online chess
Elon Musk’s brain-chip company, Neuralink, has showcased its groundbreaking technology by enabling its first patient, Noland Arbaugh, to control a…
Reddit IPO prices at top range, valued at $6.4 billion
Reddit has priced its shares at the top of the marketed range, valuing the social media platform at $6.4 billion…
IMF reaches agreement with Pakistan to disburse $1.1 billion
The International Monetary Fund (IMF) announced on Wednesday that it has reached a staff-level agreement with Pakistan. If approved by…
Tanker capsizes off coast of Japan, seven deaths confirmed
A South Korean-flagged chemical tanker named Keoyoung Sun has capsized off the coast of Yamaguchi prefecture in western Japan. According…
New Zealand government to ban disposable e-cigarettes
On Wednesday, the New Zealand government announced plans to implement stricter regulations on e-cigarettes, including banning the sale of disposable…
Bank of Japan raises interest rates, ends negative interest era
The Bank of Japan (BOJ) has announced an increase in its key interest rate from -0.1% to a range of…
Nvidia unveils latest Artificial Intelligence chip
Nvidia has revealed its latest artificial intelligence (AI) chip, the B200 “Blackwell,” boasting a remarkable 30 times faster performance than…