Economy & Business

1156 articles
SingaporeChannel NewsAsia3hEconomy & Business

Singtel Fined S$1 Million for March Mobile Disruptions Affecting 720,000 Users

Singtel has been fined S$1 million by the Infocomm Media Development Authority (IMDA) following mobile service disruptions that impacted 720,000 users in **Singapore** on March 16, March 18, and March 19. An investigation by the IMDA determined that these disruptions were preventable and were not th

South KoreaYonhap News3hEconomy & Business

JR Global REIT to Fully Repay Debts by 2029, Announces Plan

JR Global REIT [348950], based in Seoul, South Korea, has finalized a debt repayment plan aiming for complete principal and interest reimbursement by the end of 2029. The company, referred to as 제이알리츠 in Korean sources, intends to pursue self-restructuring following the plan’s confirmation. Details

GermanyDer Spiegel3hEconomy & Business

Amazon to Invest €16 Billion in Germany, Boosting Data Centers and AI

Online retailer Amazon plans multi-billion Euro investments in Germany, focusing on data centers and artificial intelligence. The company intends to invest €16 billion into its German operations. The Rhein-Main-Region is expected to particularly benefit from these investments. These funds will be al

South AfricaIOL3hEconomy & Business

Mi-Change Expands Digital Voucher Program to Johannesburg Residents

Mi-Change has broadened the reach of its digital voucher program, now including residents of Johannesburg. The initiative allows individuals in need to access essential resources such as meals, showers, clothing, and shelter. Funding is facilitated through SnapScan QR codes, offering a streamlined a

PakistanARY News4hEconomy & Business

Year-Long Discovery: Surgical Sponge Found in Woman in Hyderabad, India

A woman in Hyderabad, India, discovered a surgical sponge in her abdomen one year after undergoing an operation. The patient, identified only as Ms. K, began experiencing persistent abdominal pain and discomfort, prompting further medical investigation at a local hospital. Doctors discovered the ret

IranMehr News4hEconomy & Business

Elderly Man Injured During Police Crackdown on Protesters in Ulm, Germany

An elderly man sustained injuries during a police crackdown on demonstrators in Ulm, Germany. The protesters were rallying against Elbit Systems, an Israeli arms manufacturer. The incident occurred as police dispersed the demonstration, with video footage appearing to show officers using force. Deta

MozambiqueAIM News4hEconomy & Business

Mozambican Bar Association Chair Calls for Lawyers to Work Without Fear

Thera Dai, chairwoman of the Mozambican Bar Association, stated on Monday the importance of lawyers practicing their profession without facing threats. The statement, made in Maputo, underscores concerns regarding the safety and independence of legal professionals in Mozambique. Dai’s remarks highli

FinlandHelsingin Sanomat4hEconomy & Business

Norway Sweeps Nordic Council Culture Prizes, Including First for Sámi Region

Norway has been awarded all five Nordic Council Culture Prizes this year, marking a significant win for the nation’s arts scene. This is a comprehensive victory for Norwegian cultural achievements across various disciplines. Notably, the Literature Prize is going to Sámi Region for the first time in

GhanaDaily Graphic4hEconomy & Business

KGL Foundation Provides Free Health Screening to Over 200 in Techiman

The KGL Foundation recently conducted a free health screening exercise for over 200 residents of Techiman, Ghana, as part of Breast Cancer Awareness Month. In partnership with Koranteng Memorial Clinic and AgricoHub, the outreach offered screenings for a range of conditions including breast cancer,

VietnamThanh Nien4hEconomy & Business

3 Suspects Arrested in Car Vandalism Case | New Gold, Silver Regulations

The 5 PM “Toàn cảnh” (Panorama) news bulletin provides the latest updates on current affairs and trending stories on social media. Authorities in Việt Nam have arrested three suspects connected to the widespread vandalism of car windows. This incident, involving numerous vehicles with shattered glas

GreeceProto Thema4hEconomy & Business

Greek Banks Show Largest Credit Risk Reduction in Europe: DBRS Report

DBRS, a Canadian credit rating agency, analyzed the credit risk cost of 53 banks across 14 European countries, including the four systemic banks in Greece. The report indicates that Greek banks experienced the most significant reduction in credit risk costs in Europe during the first half of the yea

PolandWP Wiadomości4hEconomy & Business

Asian Hornet Nest Removed in Poland, Colony Secured for Research

The first nest of the invasive Asian hornet located in Poland was removed in the Kluczwoda Valley near Kraków. A collaborative effort involving foresters, firefighters, naturalists, and scientists successfully secured the entire colony for research purposes. Experts emphasize the potential presence

HungaryTelex4hEconomy & Business

Hungarian Trade Association Welcomes Price Cap Removal, Calls for Tax Reduction

The National Trade Association (Országos Kereskedelmi Szövetség - OKSZ) in Hungary has welcomed the abolishment of the price cap. The association believes the end of the price cap will ultimately benefit consumers the most. However, the OKSZ also stated that a reduction in the retail sector tax woul

GermanyFAZ4hEconomy & Business

Amazon to Invest €16 Billion in Germany by 2027, Eyes Satellite Venture

Amazon plans to invest €16 billion in Germany by 2027, solidifying its presence in what it calls “one of the most attractive investment locations in Europe.” The substantial funds will be allocated to various projects, including the development of a competitor to Elon Musk’s Starlink satellite inter

IndonesiaSindo News4hEconomy & Business

Indonesia Stock Exchange Explains Removal of HSC Shares from IHSG Calculation

The Indonesia Stock Exchange (BEI) has issued a detailed explanation regarding the removal of HSC shares from the calculation of the IHSG index. This decision comes alongside ongoing investigations into alleged violations within the capital market. The BEI clarified that the removal does not necessa

Czech RepublicNovinky4hEconomy & Business

Drunk Foreigner Drives Car With Flat Tires in Olomouc, Czech Republic

Police in Olomouc, Czech Republic, were surprised late Monday night when they stopped a 20-year-old driver operating a vehicle with flat tires and leaking fluids. The driver was found to be heavily intoxicated, registering nearly 1.7 promille of alcohol in their system. Further investigation reveal

MozambiqueO País4hEconomy & Business

Tropical Depression Forms in Southwest Indian Ocean, No Threat to Mozambique

The National Institute of Meteorology (INAM) reports the formation of a tropical depression in the southwest Indian Ocean basin. However, INAM assures that this system currently poses no danger to the Mozambique Channel or mainland Mozambican territory. As of 10:00 AM on Tuesday, October 20th, the s

Papua New GuineaPNG Post-Courier4hEconomy & Business

MRDC and Mobil Oil New Guinea Partner for Fuel Retail Expansion

The Mineral Resources Development Company Limited (MRDC) and Mobil Oil New Guinea Limited, a subsidiary of Exxon Mobil Corporation, have signed agreements for a significant retail fuel partnership. The deal involves MRDC acquiring Mobil’s retail service station business across the National Capital D

TunisiaTunis Afrique Presse4hEconomy & Business

Money Laundering Network Dismantled in Morocco: 13 Arrested, Gold & Cars Seized

A criminal network in Morocco comprised of merchants and workshop owners specializing in gold jewelry trading is suspected of laundering nearly two tonnes of gold over the past six years. The gold was reportedly intended for smelting. Investigations, as detailed in a statement from the Direction Gén

IndonesiaAntara News4hEconomy & Business

Indonesia and Portugal Agree on Fishing Crew Certification Recognition

Indonesia and Portugal have formalized a partnership regarding the qualifications of seafarers with the signing of a bilateral agreement. The agreement establishes mutual recognition of certificates and competency standards for fishing vessel crews from both nations. This cooperation aims to facilit

PolandRMF244hEconomy & Business

New Section of S19 Highway Opens in Podlasie, Costing 405 Million PLN

A new section of the S19 highway in Podlasie has officially opened to traffic. The completed segment cost 405 million Polish Złoty (PLN) to construct. This addition to the S19 route is expected to significantly improve transportation infrastructure in the Podlasie region. The new highway section aim

AustriaDie Presse4hEconomy & Business

France: Stolen Luxury Goods From Riots Appear on Vinted Marketplace

A Vinted spokesperson stated the company took immediate action to identify and remove listings connected to the recent looting in France. The platform is experiencing the sale of luxury items believed to have been stolen during the unrest. This discovery highlights the quick adaptation of looters ut

UgandaDaily Monitor4hEconomy & Business

Bank of Uganda Reports 100% Surplus Increase Amidst Economic Challenges

The Bank of Uganda announced a surplus of 1.32 trillion Ugandan shillings for the financial year 2025/26, a significant 100 percent increase compared to the previous year. This positive outcome occurred despite a year marked by various economic troubles. According to reports from Kampala, Uganda, th

Kyrgyzstan24.kg5hEconomy & Business

Tax Relief for Foreign Teachers in Kyrgyzstan Will Not Be Universal

A proposal to exempt foreign teachers in Kyrgyzstan from tax payments will not apply to all educators. This was discussed during a session of the Finance and Budget Committee of the Jogorku Kenesh. Details regarding which foreign teachers will qualify for the exemption remain unclear. The initiative

VietnamThanh Nien5hEconomy & Business

“Paradise Lost” Recoups Production Costs Before Release in 118 Markets

Before its theatrical debut, “Paradise Lost,” the new psychological horror film by Yeon Sang Ho—director of “Train to Busan”—has already broken even on its production costs. This success is attributed to the pre-sale of distribution rights to 118 countries and territories worldwide. International re

PortugalObservador5hEconomy & Business

Penafiel’s 19th Escritaria Festival Opens with Palestine-Focused Performance

The 19th edition of the Escritaria festival commenced in Penafiel with a performance titled “Desver” by Joana Craveiro and Teatro do Vestido. The opening show, beginning at 9:30 PM on Tuesday, is specifically centered around memories of Palestine. The festival, held at Ponto C, aims to honor Luís Ca

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