Browsing: Featured News

The European Commission and the World Bank Group have announced a strategic partnership to accelerate energy access in Africa, aligning their respective initiatives to drive renewable energy deployment across the continent. European Commission President Ursula von der Leyen and World

The European Union recorded an all-time high in tourism in 2024, surpassing 3 billion nights spent at tourist accommodation establishments, according to Eurostat. This milestone represents a 2.2% increase compared to 2023, adding 65.4 million overnight stays, with a particularly

The European Commission has proposed extending the EU’s gas storage obligations until the end of 2027 to maintain energy security and stabilize the region’s gas markets. The proposal, announced on March 5, 2025, aims to ensure adequate gas reserves amid

Brent crude prices declined nearly 3% on Wednesday, rebounding slightly from a three-year low as U.S. crude stockpiles rose more than expected, adding pressure on oil markets already grappling with OPEC+ plans to increase production and fresh U.S. tariffs on

The International Telecommunication Union (ITU) has announced that its Partner2Connect (P2C) Digital Coalition has reached $73 billion in pledges aimed at advancing universal and meaningful connectivity. The milestone, unveiled during Mobile World Congress 2025 (MWC 25) in Barcelona, underscores growing

South Korea’s economy expanded by 2 percent in 2024, according to preliminary data released Wednesday by the Bank of Korea (BOK). The growth rate aligns with the central bank’s earlier estimate from January and marks an improvement from the 1.4

President Donald Trump’s announcement of a U.S. strategic crypto reserve has sparked backlash among key figures in the tech and cryptocurrency sectors, exposing an early rift within the coalition that helped fund his 2024 campaign. The reserve, which Trump stated

Nvidia’s stock fell nearly 9% on Monday following confirmation from U.S. President Donald Trump that tariffs on imports from Canada and Mexico would take effect on Tuesday. The sharp decline erased approximately $265 billion from the company’s market value, bringing

AI startup Anthropic has seen its valuation soar to $61.5 billion following its latest funding round, marking a threefold increase in a short span. The company successfully raised $3.5 billion, significantly surpassing its initial $2 billion target. This rapid valuation

Taiwan Semiconductor Manufacturing Co. (TSMC) will invest an additional $100 billion in U.S. chip production, the company and President Donald Trump announced Monday, expanding its existing $65 billion commitment in Arizona. TSMC, the world’s leading semiconductor manufacturer, is increasing its