Economy & Business

1363 articles
TunisiaTunis Afrique Presse8dEconomy & Business

Tunisia: Hotel Saphir in Hammamet Up for Total Sale via Public Tender

A public tender has been launched for the total sale of “Hôtelière Saphir,” a company based in Hammamet, Tunisia. The sale is being overseen by a judicial controller of Société HOTELIERE SAPHIR, following a decision by a judge at the Grombalia court of first instance. The process aims to accept the

MozambiqueAIM News8dEconomy & Business

Mozambican Authorities Seize Large Alcohol Shipment in Maputo

The Mozambican Tax Authority (AT) in Maputo has recently confiscated a significant quantity of alcoholic beverages. The seizure occurred on October 13th, according to a report from AIM. Details regarding the specific type or quantity of alcohol were not immediately released. This action by the AT in

TaiwanPeople News8dEconomy & Business

Ever Crown to Delist in Taiwan, Leaving 43,000 Shareholders Distressed

Another wind power company in Taiwan, Ever Crown, is facing delisting from the stock market on November 18th, leaving approximately 43,000 shareholders in a difficult position. The shares are expected to become worthless paper, causing significant financial distress for investors. Details surroundin

RomaniaDigi248dEconomy & Business

ELCEN Director Dismisses Bankruptcy Risk, Debt to Termoenergetica Reduced

Mirela Pavel, General Director of Electrocentrale București, stated on Tuesday at an industry event that the company is not currently facing insolvency or bankruptcy, and does not anticipate such a situation in the future. Debts owed by Termoenergetica to ELCEN have been reduced to 1.3 billion lei.

IndonesiaRepublika8dEconomy & Business

UPI Graduates 7,218 Students, Rector Emphasizes Independence and Soft Skills

Universitas Pendidikan Indonesia (UPI) in Bandung held its fourth graduation ceremony for 2026 between October 13-16, 2026. The event took place at the Gymnasium Building of UPI, located on Jalan Dr. Setiabudhi Nomor 229, Bandung. A total of 7,218 graduates were scheduled to receive their diplomas d

New ZealandBusinessDesk8dEconomy & Business

New Zealand Sharemarket Declines Amid Rising Oil Prices and Global Concerns

The New Zealand sharemarket experienced a decline, falling over 0.5% due to a combination of factors including weaker global market sentiment and increasing oil prices. The S&P/NZX 50 Index closed at 13,749.6, a decrease of 78.02 points, representing a 0.56% drop from its earlier high of 13,838.11.

MoroccoHespress8dEconomy & Business

Cash Surge Tests Morocco’s Central Bank Digital Payment Expansion Plans

Morocco’s central bank, *Bank Al-Maghrib*, faces growing challenges in its efforts to expand digital payment methods as cash circulation continues to rise. The volume of cash and coins in circulation reached 550.3 billion Moroccan dirham by the end of August 2026, up from 491 billion dirham at the e

PhilippinesPhilstar8dEconomy & Business

Philippines Needs Rice Imports to Avoid Food Shortages Despite US Plans

The National Food Authority (NFA) in the Philippines has affirmed the continued necessity of rice imports to address supply deficits and safeguard against food insecurity. Current local rice production within the Philippines only meets approximately 70% to 78% of the nation’s overall rice requiremen

EstoniaERR News8dEconomy & Business

Estonia Funds War Movies to Boost National Defense Will

Estonia’s defense ministry is investing €250,000 in a funding competition designed to bolster the nation’s defense capabilities through film. The Ministry of Defence (MoD) announced the initiative, which will support the creation of movies and other audiovisual projects. The aim is to strengthen the

EstoniaERR News8dEconomy & Business

Pirita River Estuary Development: Future Plans Revealed for Tallinn Area

The future of the area surrounding the mouth of the Pirita River in Tallinn has been unveiled with the announcement of a winning design for its development. The plan incorporates a mix of residential buildings and commercial spaces, aiming to revitalize the waterfront location. A hotel is also inclu

ArgentinaLa Nacion8dEconomy & Business

Neurologist: Optimism, Positive Outlook Crucial for Healthy Longevity

In an exclusive interview with LA NACION, a specialist detailed how to achieve healthy longevity through lifestyle changes. The neurologist emphasized the importance of maintaining optimism and a positive outlook, stating it should not be dismissed as a cliché. He also cautioned about the medical ma

OmanTimes of Oman8dEconomy & Business

Microsoft to Expand Azure Maia AI Chip Production in New Delhi from 2027

Microsoft plans significant expansion of its in-house artificial intelligence (AI) chip production, beginning with multi-gigawatt deployments of the Azure Maia AI chip family starting in 2027. The company intends for the Azure Maia chips to become its core system for AI workloads. This move signals

New ZealandBusinessDesk8dEconomy & Business

New Zealand Urged to Expand Data Centre Capacity to Compete Globally

Morrison, a global infrastructure investment firm, believes New Zealand has the potential to become a significant player in the data centre market, potentially challenging the dominance of the United States. CEO Paul Newfield argues that increased investment in data centre construction and broader i

AustriaDer Standard8dEconomy & Business

AI Boom Supports Global Economy, IMF Warns of Bubble Risk

Artificial intelligence has become a significant support for the global economy due to high levels of investment. The sector's interconnected ownership structures, however, harbor substantial risks. This development is occurring worldwide, bolstering economic activity despite broader global challeng

FranceLe Figaro8dEconomy & Business

Trade Republic Disrupts French Market with Fee-Free Investing Options

Trade Republic is experiencing a significant surge in popularity in France, causing concern even for established online banks. The company is making waves with its investment products, particularly its PEA (Plan d'Épargne en Actions). This plan allows investors in France to participate in the stock

SwedenDagens Nyheter8dEconomy & Business

Concerning Economic News from the USA and France Sparks Worries

Several economies, including France and the USA, are trapped in a troubling cycle of rising interest rates and significant deficits. The current economic situation poses a challenge to both nations and raises concerns about potential repercussions. The interplay between increasing borrowing costs an

MalaysiaNew Straits Times8dEconomy & Business

Malaysia Seeks Tech Transfer and Skilled Jobs from Europe Amid Global Competition

Malaysia is actively seeking European investments that go beyond simple capital injection. Officials in Kuala Lumpur are prioritizing partnerships that facilitate technology transfer, a crucial step in the nation’s ambition to climb the global value chain. This push for technological advancement is

BangladeshBangla Tribune8dEconomy & Business

Dhaka South City Corporation Administrator Visits Site of Fire in Chawkbazar

Dhaka South City Corporation (DSCC) Administrator Bir মুক্তিযোদ্ধা Md. Abdus Salam visited the site of a fire incident in Chawkbazar’s Choto Katara, Purana Dhaka, on Monday night, October 12th, at 10:30 PM. The administrator inspected the damaged area and expressed sympathy to the affected business

IndiaIndia Today8dEconomy & Business

India's Economic Growth Forecast Upgraded by IMF, Oil Prices a Concern

The International Monetary Fund (IMF) has revised upwards its growth forecast for India, signaling positive momentum in the nation's economy. This optimistic outlook provides a boost to India’s economic prospects. However, the IMF has cautioned that a potential surge in global oil prices poses a sig

Papua New GuineaPNG Post-Courier8dEconomy & Business

Maritime Safety Enhanced in the Maritime Provinces with New Agreement

A revised Memorandum of Understanding (MoU) has been signed to bolster maritime safety and customs enforcement across the Maritime Provinces. This renewed partnership aims to strengthen collaborative efforts in the region. Details of the agreement were published by Post Courier, but access requires

MoroccoHespress8dEconomy & Business

Missing Emails Disrupt Debt Collection Proceedings in Moroccan Commercial Courts

Rejection of payment order requests at Moroccan commercial courts due to missing email addresses for defendants is creating new procedural issues in debt and financial recovery between companies and contractors. The absence of email addresses in legal filings is now a reason for rejecting requests t

GermanyDer Spiegel8dEconomy & Business

IMF Significantly Raises Growth Forecast for German Economy

The International Monetary Fund (IMF) has revised its forecast for Germany’s economic growth, expressing increased optimism. The IMF now projects a growth rate of 1.3 percent for 2026, more than double its July forecast. This represents a significant positive shift in outlook for Deutschlands Wirtsc

Czech RepubliciDNES8dEconomy & Business

Affordable Beauty: Lipstick and Liner Always Deliver, Says Czech Stylist

The article questions the necessity of expensive cosmetics and elaborate skincare routines. It suggests that achieving a polished look doesn't require a significant financial investment. Czech makeup artist Vilma Baum was consulted to provide insights on where to splurge and where to save within a b

ArgentinaClarin8dEconomy & Business

Michigan University Chemist Eats Gummy Bears Made From Wind Turbine Blade

A chemist at the Universidad Michigan has pioneered a novel method for recycling wind turbine blades by creating edible gummy bears. The researcher successfully dissolved the resin from a wind turbine blade in a potassium lactate solution, deeming it safe for human consumption. This breakthrough ste

New ZealandBusinessDesk8dEconomy & Business

Heritage Lifecare Expands in New Zealand with Aged Care Services Acquisition

Heritage Lifecare, a private equity-backed company, has announced the acquisition of New Zealand Aged Care Services. This purchase propels Heritage Lifecare to the second-largest position within New Zealand’s aged care sector. The financial details of the transaction were not disclosed. The acquisit

New ZealandNewsroom8dEconomy & Business

Airini, Breton, and Stacy Awarded Literary Residencies in Surrey & Māpua

Literary artists Airini, Breton, and Stacy have been selected as winners of prestigious residencies. The awards will see the artists take up residence in both Surrey and Māpua. The announcement was made following a literary award event held in Grey Lynn. Details regarding the specifics of the reside

PhilippinesPhilstar8dEconomy & Business

Philippines Supreme Court Orders Release of Mining Tycoon Joseph Sy

The Supreme Court of the Philippines has ordered the release of Joseph Sy, chairman of Globe-Ferronickel. The decision comes amidst ongoing questions regarding his citizenship, which has been a central point of contention in his legal battles. Details of the Court’s reasoning for the release were no

GuatemalaEl Periódico8dEconomy & Business

Cyberattack on Refrigeration Systems in France Causes Millions in Losses

A cyberattack targeting the software of Danfoss has impacted approximately 400 supermarkets across France, resulting in significant financial losses. The attack compromised refrigeration systems in the affected stores, causing temperatures inside freezers and refrigerators to rise to 50°C. This resu

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