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The number of aircraft operated by South Korean airlines reached a record high of 416 in 2024, according to data submitted to Rep. Lee Yeon-hee of the Democratic Party. This marks the highest figure since the country first registered a
Nobel Prize-winning economist Eugene F. Fama has made a bold prediction about the future of Bitcoin, suggesting that the world’s most popular cryptocurrency may become worthless within the next decade. Speaking on the podcast Capitalisn’t with hosts Bethany McLean and
Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence and cloud infrastructure. The tech giant’s spending surge follows its 2024 capex of approximately $83 billion, as it seeks
The French Ministry of Economy announced that the country’s projected public deficit for 2026 will exceed initial estimates but remain below 5 percent of GDP. The previous forecast, set at 4.6 percent, has been revised upward, though specific figures were
The Bank of England (BoE) announced its first interest rate cut of 2025 on Thursday, reducing the benchmark rate by 25 basis points to 4.5%. The decision, made amid concerns over sluggish economic growth, saw seven of the nine members
The European Commission has announced that Chinese e-commerce platforms Temu and Shein will be held accountable for the sale of unsafe or non-compliant products on their platforms. This move is part of the EU’s broader effort to curb the influx
Nvidia’s stock surged over 4% on Wednesday, rebounding from last week’s sell-off as concerns over China’s DeepSeek AI model failed to dampen Big Tech’s spending on artificial intelligence infrastructure. The stock’s rise follows Alphabet’s announcement of a planned $75 billion
Eleven people were killed in a mass shooting on Tuesday at Campus Risbergska, an adult education center in Örebro, Sweden, approximately 200 kilometers west of Stockholm. Among the deceased is the suspected gunman, a 35-year-old male whose identity has not
The European Union’s General Court has dismissed Poland’s legal complaints regarding €320 million ($333 million) in fines imposed by the EU in 2022 and 2023 over a dispute concerning judicial reforms. The ruling, announced on Wednesday, confirms the enforcement of
China has announced retaliatory economic measures against the United States following the implementation of 10% tariffs on Chinese imports by the administration of U.S. President Donald Trump. The new Chinese tariffs, set to take effect on February 10, include a