Global business insolvencies are forecast to increase by more than 11% in 2024 and to peak with a rise of 2% in 2025, according to Allianz Trade’s Global Insolvency Outlook 2024.Looking ahead to 2025…

While US President-elect Donald Trump may have his doubts about electric vehicles (EV), their sales around the world show no sign of slowing down, with 16.6 million already sold this year, up from…

In 2015, Iran and world powers, including the United States, the United Kingdom, Russia, China, France, and Germany, reached an agreement, the Joint Comprehensive Plan of Action (JCPOA), that saw the…

Military applications of AI have become increasingly in demand, with more countries seeking specialised AI processors and boosting their spending on research and development of AI applications in…

Trump's upcoming presidency comes with great uncertainty for global markets, considering his economic policies, which are widely viewed as extreme. He is expected to ramp up America's trade war with…

Unofficial results of the US presidential election, which took place on Tuesday, showed that Republican candidate Donald Trump won 292 votes in the electoral college, compared to 224 votes for his…

Americans are voting in a historic presidential election that could shape world politics for years to come. More than 160 million voters are expected to cast their votes today, Tuesday, 5 November…

As the global community apprehensively watches the escalating rhetoric between Israel and Iran, the risk of direct confrontation between the two countries increasingly rises. This will have…

Oil refineries play a key role in transforming crude oil into essential power sources that people need for their daily lives. As of 2024, there were 825 operational crude oil refineries in the world…

The PIF has been the primary driver for meeting the needs of Vision 2030, attracting foreign investments, and enhancing local content by increasing the private sector's contribution to its portfolio…