Political instability and budget fears weigh on French business outlook
French business confidence has declined for the third consecutive month in December, reaching its lowest level since July, according to the latest data from the...
Month : December 2024
Germany’s economic activity sees persistent decline amid weak manufacturing
Germany's economic contraction persisted in December, marking the sixth consecutive month of declining business activity, according to the HCOB German flash composite Purchasing Managers' Index...
Retailers warn of job losses following new UK budget tax hikes
The United Kingdom's retail sector is facing significant challenges following recent budget announcements, with increased financial pressures and a rise in insolvencies among retailers. The...
NASA Parker Solar Probe completes historic close approach to the Sun
NASA’s Parker Solar Probe has successfully completed its closest-ever approach to the Sun, achieving a historic milestone in space exploration, the agency announced. The probe...
Japan approves record $730 billion budget for fiscal year 2025
Japan’s government has approved a record 115.54 trillion yen ($730 billion) draft budget for fiscal year 2025. The new budget, set to begin in April...
Russia declares national emergency after Black Sea oil spill
Russia has declared a national state of emergency following a significant oil spill in the Black Sea, which was caused by two separate incidents involving...
DoH awards AED 19 million in grants to boost healthcare innovation in Abu Dhabi
The Department of Health – Abu Dhabi (DoH), in partnership with the Authority of Social Contribution – Ma’an, has allocated over AED 19 million in...
China industrial profits fall 4.7 percent in first eleven months of 2024
China’s National Bureau of Statistics reported a 4.7 percent decline in the combined profits of major industrial enterprises for the January-to-November period of 2024. The...
Business leaders donate millions to Trump’s inaugural committee
Business leaders and major corporations are committing millions of dollars to President-elect Donald Trump’s inaugural committee, signaling efforts to secure influence and access as his...
MicroStrategy expands Bitcoin reserves amid broader crypto downturn
Bitcoin prices fell despite MicroStrategy Inc.’s ongoing efforts to bolster its cryptocurrency holdings through additional share offerings. The digital asset declined approximately 3% to $95,420...