StanChart Announces $1.5B Buyback Amid Profit Surge

by EditorialTeams | Feb 21, 2025 | Business & Economy

Standard Chartered has unveiled a new $1.5 billion share buyback program after reporting an 18% rise in annual profit. The increase was driven by record growth in its wealth management business and strong performance in its markets division. The latest news highlights...

Gaza’s Reconstruction to Cost Over $50 Billion After War

by EditorialTeams | Feb 20, 2025 | Business & Economy

According to the latest news, rebuilding Gaza will require an estimated $53.2 billion over the next decade. The findings, released by the United Nations, European Union, and the World Bank, highlight the massive destruction caused by Israel’s 15-month-long war on the...

Robots Repair Aging U.S. Infrastructure

by EditorialTeams | Feb 18, 2025 | Business & Economy

Artificial intelligence-powered robots are transforming the way critical infrastructure is maintained, repaired, and monitored. These advanced machines are not only saving money but also preventing accidents and improving efficiency. The latest news in infrastructure...

McDonald’s Struggled in 2024—E. Coli Outbreak Added to Its Woes

by EditorialTeams | Feb 14, 2025 | Business & Economy

McDonald’s faced a challenging 2024, and the situation worsened when an E. coli outbreak severely impacted its sales and reputation. The fast-food giant saw a 1.4% decline in fourth-quarter sales at U.S. locations open for at least a year—a stark contrast to the 4.3%...

Report: UAE Leads Region in Low Public Sector Corruption

by EditorialTeams | Feb 13, 2025 | Business & Economy

The United Arab Emirates has been ranked as the least corrupt country in the Middle East and North Africa (MENA) region, according to the newly released Corruption Perception Index 2024 by Transparency International. The UAE was also placed 23rd globally, highlighting...

Amazon Warehouse in North Carolina Set for Union Vote

by EditorialTeams | Feb 11, 2025 | Business & Economy

Feb 10 (Reuters) – Amazon (AMZN.O) is facing another crucial union vote as workers at a warehouse in suburban Raleigh, North Carolina, decide whether to organize and collectively bargain with the retail giant. This marks the second such vote in recent months and...