Economy & Business

1167 articles
Papua New GuineaPNG Post-Courier8hEconomy & Business

MRDC Subsidiary Acquires Mobil Stations in Port Moresby, PNG

ExxonMobil has finalized an agreement to sell its retail service station business in Port Moresby, Papua New Guinea, to Star Mountain Service Station Limited. Star Mountain Service Station Limited is a wholly-owned subsidiary of the Mineral Resource Development Company (MRDC). This sale marks a sign

MoroccoHespress8hEconomy & Business

Algerian Sufism: Spiritual Pillar for Youth, Says Razqia Darqawia Order Leader

Razqi Kamal al-Sharqawi al-Qadiri, head and Sheikh of the Razqia Darqawia order in Algeria, affirmed that moderate Sunni Sufism is a fundamental pillar for the spiritual and educational framing of youth. In an interview with the *Hespress* online newspaper, al-Qadiri highlighted the historical role

UgandaNew Vision8hEconomy & Business

Uganda Businessman Arrested After Alleged Fake Robbery Report in Iganga

A businessman in Iganga, Uganda, named Mawazi Waiswa has been arrested by police for allegedly fabricating an aggravated robbery incident. Waiswa claimed he lost 4.7 million Ugandan Shillings (approximately $1,100 USD) in the robbery and reported it to authorities. Police suspect Waiswa staged the i

Czech RepublicNovinky8hEconomy & Business

Czech Constitutional Court Rules Income from Voluntary Sex Work is Taxable

The Constitutional Court in the Czech Republic has ruled that income derived from voluntary sex work is subject to taxation, just like any other form of self-employment. The ruling clarifies that the act of taxation does not constitute moral approval of the activity itself, according to reporting ju

IndonesiaAntara News8hEconomy & Business

Indonesia Secures $60M in Potential Trade Deals with Central African Nations

Indonesia has secured approximately US$60 million in potential trade deals with Cameroon and other countries in Central Africa during a recent trade event. The deals signify growing economic ties between Indonesia and the Central African region, focusing on various sectors yet to be specified. This

GreeceTo Vima8hEconomy & Business

Sifnos: Swedish Travelers Enthralled by the Greek Island’s Allure

A popular Swedish magazine has dedicated a ten-page spread to Sifnos, a Greek island, highlighting its appeal to Swedish tourists. The extensive coverage showcases the island’s beauty and unique characteristics, capturing the attention of readers in Sweden. The article is generating excitement among

SenegalSeneweb8hEconomy & Business

Sénégal’s Senelec Faces Potential Strike Over Pay and Contract Disputes

The General Management of Senelec in Sénégal has responded to a planned 72-hour strike announced by the Unified Union of Electricity Workers (SUTELEC) from October 21st to 23rd, 2026. The company claims it learned of the strike through unofficial channels and is emphasizing the legal requirements su

GermanyFAZ8hEconomy & Business

China’s Automotive Exports Surge: BYD & Co. Conquer Global Markets

China’s automotive industry continues its impressive growth, with projections indicating twelve million vehicles will be exported this year by companies like BYD. These vehicles are becoming increasingly common sights on roads around the world, signifying a global shift in automotive presence. The s

IranMehr News8hEconomy & Business

Iran Air Resumes Flights: Tehran–Kabul–Mashhad–Tehran Route to Restart

The CEO of Iran Air announced the resumption of flights along the Tehran–Kabul–Mashhad–Tehran route on Tuesday. These flights will begin on the 1st of Aban, which corresponds to Friday, October 23rd. This marks a significant step in re-establishing air travel connections involving Afghanistan. The r

Costa RicaCRHoy8hEconomy & Business

Costa Rica’s Competitive Advantages Weakening? Economists Raise Concerns

Six economists consulted have expressed concerns regarding the weakening competitive advantages of Costa Rica. While differing in specifics regarding the root causes and resulting impacts, they largely agree on the existence of multiple factors affecting the nation’s economic standing. These factors

TunisiaTunis Afrique Presse8hEconomy & Business

Tunisia Weather: Thunderstorms, Local Hail, and Winds Over 60 km/h Expected

The weather in Tunisia on Tuesday, October 20, 2026, is forecast to be partly cloudy to very cloudy, with scattered rains in the western regions of the country. These precipitations will gradually extend to the northern regions of Tunisia, becoming temporarily thundery and at times heavy, accompanie

ArgentinaInfobae9hEconomy & Business

Queen Letizia’s Final News Appearance Before Marriage to Felipe VI Resurfaces

A special broadcast commemorating the 70th anniversary of *Informativos*, a Spanish news program, featured Queen Letizia’s final appearance on the program before her marriage to then-Prince Felipe VI. The broadcast resurfaced footage of the Queen Consort's last televised news appearance prior to her

MalaysiaFree Malaysia Today9hEconomy & Business

Malaysia's ECRL Rail Link Offers 30% Discount for First Month

A 30% discount on economy class tickets will be available for the first month of passenger services on the East Coast Rail Link (ECRL) in Malaysia. The offer is open to all passengers utilizing the new rail connection. This promotion coincides with the commencement of passenger operations on Decembe

CroatiaIndex.hr9hEconomy & Business

Lepas to Unveil New Model at World Premiere in China, Eyes Caravan Future

Lepas is preparing for the world premiere of a new vehicle in China, marking a significant moment for the brand. This launch signifies the introduction of a new generation of the company’s design philosophy. The unveiling will take place in China, highlighting the importance of the Chinese market fo

NorwayAftenposten9hEconomy & Business

FrP Proposes Mandating Power Production Investment for Data Centers in Norway

Sylvi Listhaug, representing the Progress Party (FrP) in Norway, is advocating for increased national control over infrastructure development. A key proposal involves requiring data centers to invest in power production. This initiative aims to address concerns about electricity grid capacity and th

GreeceTo Vima9hEconomy & Business

Real Estate: What €1 Million Buys You in Attica, Greece

One million euros remains a key benchmark for individuals seeking high-specification properties in Attica, Greece. This figure represents a traditional point of reference for those entering the upscale real estate market within the Attica region. The amount allows for the purchase of a property refl

IndiaThe Times of India9hEconomy & Business

JBJ Soul Kitchen Celebrates Five Years of Community Service in Red Bank

JBJ Soul Kitchen in Red Bank, New Jersey, has reached a five-year anniversary of providing meals to those in need. Founded by Jon Bon Jovi and his wife, the restaurant operates on a "pay-it-forward" system, ensuring everyone has access to a nourishing meal. Over 14,000 meals have been served to stud

TanzaniaThe Citizen9hEconomy & Business

Uganda, Tanzania, EU Clash Over East African Crude Oil Pipeline

Recent disagreements have emerged between East African nations, specifically Uganda and Tanzania, and the European Union, not regarding trade agreements, but concerning the East African Crude Oil Pipeline (EACOP). The dispute highlights growing international attention to climate change concerns surr

KazakhstanAstana Times9hEconomy & Business

KMG International Reports Significant Profit Growth in First Nine Months of 2026

KMG International, a subsidiary of Kazakhstan’s KazMunayGas, has announced substantial financial gains for the first nine months of 2026. The company’s consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 73% year-on-year, reaching $469 million. Net profit ex

AustriaDie Presse9hEconomy & Business

Tax Relief Case, Casino Austria Leadership, Australian MP in Critical Condition

Today, October 20, 2026, brings several key headlines. A legal dispute involving Wolf and Schelling is underway, potentially related to tax relief. Meanwhile, Casinos Austria is seeking a new chief executive, indicating a leadership transition within the company. In Australia, an MP is in critical c

AustraliaABC News Australia9hEconomy & Business

Staff Cuts at NAB and Beyond Raise Recession Fears in Australia

Major Australian businesses, including NAB, are implementing staff reductions in an effort to increase efficiency and adapt to challenging economic conditions. These actions, framed as attempts to become “more agile,” are sparking concerns about a potential recession in Australia. The widespread nat

NigeriaVanguard9hEconomy & Business

Nigeria’s National Grid Collapses: Power Supply Plummets to 675MW

Nigeria’s national electricity grid experienced a significant collapse on Monday, plummeting by 81.5 percent from 3,647 megawatts (MW) to just 675MW by 1:00 PM. This drastic reduction in power supply resulted from a decrease in the number of active power plants feeding the grid, falling from 21 to o

IndonesiaRepublika9hEconomy & Business

Bandung Doctor Accused of Sexually Abusing Child, Causing Gonorrhea Infection

A doctor in Bandung is accused of sexually abusing his own three-year-old child, resulting in the child contracting gonorrhea. This disturbing case has been reported to law enforcement authorities in Bandung, Indonesia, and is currently under investigation. Details surrounding the allegations are st

EstoniaERR News10hEconomy & Business

EU Funds Permanent Magnet Production Line in Estonia

The European Commission has approved funding for a new permanent magnet production line in Estonia. The project will be undertaken by Neo Performance Materials, the owner of both the Silmet plant and a magnet plant located in Ida-Viru County, Estonia. This investment aims to bolster the supply of cr

SingaporeStraits Times10hEconomy & Business

Singapore Man Accused of Stealing Bank Details at Mustafa Centre

A man in Singapore is accused of using a near-field communication (NFC) device to steal bank card details from shoppers at Mustafa Centre. Authorities allege the suspect positioned a bag containing the illicit device near customers’ pockets, secretly capturing their credit card information. The inci

IrelandTheJournal.ie10hEconomy & Business

Public Sector Strikes: Lessons in Workers' Rights & Solidarity

Recent public sector pickets are proving to be valuable educational experiences, particularly for younger generations. These demonstrations offer practical insight into workers’ rights and the importance of collective action, surpassing what can be learned through traditional academic means. The imp

VietnamThanh Nien10hEconomy & Business

Vietnamese Firms Launch Social Welfare Project, Offering Discounts to Workers

The Vietnam Centre for Brand Research and Development, in collaboration with various agencies and enterprises, has launched a social welfare project aimed at supporting workers. The project centers around offering discounted goods—ranging from 5% to 15% off—specifically to the Vietnamese workforce.

Kyrgyzstan24.kg10hEconomy & Business

UK Surpasses Kazakhstan as Key Buyer of Kyrgyz Goods

External trade patterns for Kyrgyzstan have significantly shifted during the first eight months of 2026. Notably, the United Kingdom has overtaken Kazakhstan as the second-largest importer of goods from Kyrgyzstan. This marks a considerable change in the country’s trade relationships, with the UK de

GreeceTo Vima10hEconomy & Business

Crete: 70 Migrants Rescued South of the Island by Frontex

A Frontex aircraft located 70 migrants south of Crete. All individuals on board were rescued by a Frontex vessel following the aerial detection. The operation successfully saved all of the people in distress. The migrants’ nationalities have not been released. This rescue highlights the continued ch

IndiaThe Times of India10hEconomy & Business

New York Entrepreneur’s Lupini Bean Pizza Business Reaches $700,000 in Revenue

Damiano Messineo launched Loopini, a high-protein pizza made from lupini beans, in January 2025 in New York City. The innovative pizza quickly gained traction, expanding from a single location to securing partnerships with major retailers like Whole Foods and Target by mid-2026. This success followe

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