World and Business

On October 18, 2024, the European Central Bank (ECB) officially announced a further reduction of the reference interest rate by 0.25%, bringing it down to 3.25%. This is the third rate cut by the ECB since June, with each cut being 25 basis points. The decision was made after a meeting held in Ljubljana, Slovenia, […]

According to Fortune, Bernard Arnault, the owner of the luxury goods conglomerate LVMH, has recently seen his personal wealth evaporate by $10 billion in just one day after the company’s stock price plummeted 7% due to a surprising drop in Q3 2024 sales. LVMH, which owns iconic brands such as Louis Vuitton, Dior, and Tiffany,

Friday marked a significant milestone for Netflix (NFLX) as its stock surged 11%, pushing its value to a record high above $760. This jump occurred after the company released its Q3 earnings report, which exceeded expectations for both Earnings Per Share (EPS) and revenue. Additionally, Netflix projected its Q4 revenue to surpass Wall Street’s estimates,

More than a decade ago, Starbucks purchased its first coffee farm in Costa Rica. Now, the coffee giant has expanded its portfolio by acquiring two more farms, marking a significant step in its efforts to safeguard its coffee supply from the growing challenges posed by climate change. On Thursday, the Seattle-based company announced that it

In a move that has stunned the global community, the French government has arrested the CEO of Telegram, the popular messaging app known for its high security features. This decision has sparked widespread controversy and raised questions about the true reasons behind this unexpected action. While Telegram has long been trusted as a platform for

Philippines, August 28, 2024 – An American missionary, wanted by the FBI for sexual crimes, is currently evading the Philippine police. The situation has escalated as the missionary’s devout followers have continually resisted law enforcement, leading to a tense standoff that has lasted for several days. The incident has drawn international attention, raising debates on

Article: Today, the tech world was shocked by the news that Pavel Durov, the CEO of the popular messaging app Telegram, had been arrested by the authorities of a major country. This event has sent shockwaves not only through Telegram’s user base but also across the global tech industry, especially for those who are concerned with