World Business
Portugal’s Space Growth: Azores Spaceport Fuels €200M Industry
Portugal is establishing itself as a key player in the European space sector with a new spaceport in the Azores and a...
The Editorial Team 1080 articles
Investing
Bank of England Economist: Tokenized Deposits Will Eclipse Stablecoins in Five Years
A Bank of England economist predicts tokenized deposits will supplant stablecoins within five years, driven by commercial banks' strategic pivot. She highlights...
Finance
Streeting Proposes National Insurance Cut, Backs North Sea Drilling
UK leadership challenger Wes Streeting has outlined a distinct economic platform, advocating for new North Sea oil and gas drilling and a...
Finance
UK Building Societies Weigh Bids for Digital Lender Atom Bank
Two prominent UK building societies, Yorkshire and Leeds, are reportedly considering bids for FinTech Atom Bank, which seeks a valuation exceeding £600...
Economy
Recession Confirmed: Ottawa’s $200K Luxury Meal Bill Sparks Outrage
Canada has officially entered a technical recession, prompting tech entrepreneur Yanik Guillemette to criticize federal politicians for their 'glaring disconnect' amid revelations...
Stocks
Honda Posts First Loss Since 1957, Scales Back EV Ambitions
Honda reports its first operating loss since 1957, citing a watered-down EV strategy and market challenges. Shares rose on positive 2026 forecasts.
World Business
Mario Draghi Honored with Charlemagne Prize for European Stability
Former ECB chief Mario Draghi received the Charlemagne Prize for his pivotal role in stabilizing the euro and advancing European unity. His...
Economy
May Jobs Report Forecasts Solid Payroll Gains, 4.3% Unemployment
Economists project the upcoming US May jobs report will reveal a steady 4.3% unemployment rate and a significant 89,000 increase in payrolls,...
Economy
Inflation Gauge Hits 3-Year High, Consumer Confidence Declines
A key inflation gauge accelerated in April to a three-year high of 3.8%, squeezing American finances as consumer confidence slides and mortgage...