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Over $2.3 Billion US, EU Banknote Flowed to Russia Despite Sanctions

Around $2.3 billion in dollar and euro banknotes have entered Russia since March 2022, with the country circumventing US sanctions through intermediary countries.


Markets Await Inflation Data to Guide Federal Reserve's Rate Cut Decision

As markets await crucial inflation data this week, investors hope it will allow the Federal Reserve to implement its anticipated interest rate cut next month amid recent market stability.

Bharti Acquires 24.5% Stake in BT for $4 Billion, Strengthening 5G, AI Collaboration

Bharti, the parent company of Airtel, has become British Telecom (BT)'s largest shareholder by acquiring a 24.5% stake for $4 billion to strengthen 5G and AI collaboration.

South Korea Holds Emergency Meeting Following Massive EV Fire That Forces Residents to Shelters

South Korea held an emergency meeting to address safety concerns over electric vehicles following a major fire that damaged 140 cars in an Incheon parking garage.


Latest News

Olympians Benefit from Surging Metal Prices, Making Paris Medals Worth More Than Ever
Gold medals at the Paris 2024 Olympics are now valued at around $900 due to soaring gold and silver prices.
Elon Musk’s X Wins Legal Battle Against Nonprofit Ad Group GARM
Elon Musk's X platform wins a lawsuit against the Global Alliance for Responsible Media (GARM), leading to GARM's dissolution as financial expenses and public backlash pile up.
Taylor Swift's Eras Tour Cancellations in Vienna Could Cost Insurance Companies Tens of Millions
Insurers are set to face high financial claims after three Taylor Swift concerts in Vienna were canceled due to a foiled ISIS attack; future policies might get affected as well.
Serbia's Lithium-Rich Region Protests Government-Backed and EU-Supported Mining Plans
Serbian residents fiercely oppose a lithium mining project backed by the Serbian government and the European Union, fearing environmental damage despite government assurances.
Chinese EV Makers Shift to Singapore as Charging Stations and Government Incentives Grow
Singapore is seeing a surge in Chinese electric vehicle brands like Zeekr and Xpeng as EV adoption ramps up by increasing charging ports and incentives.
UK Officials Warn Against Donating Eggs Just for the Money as HFEA Raise Donor Pay to £986
The UK's Human Fertilisation and Embryology Authority is raising egg donor compensation from £750 to £986 to address donor shortages, while urging that donations be motivated by altruism rather than financial gain.
Warner Bros Discovery Reports Nearly $10 Billion Loss as TV Assets Value Plummets
Warner Bros Discovery’s shares dropped 12% in premarket trading after announcing a $9.1 billion write-down and a $10 billion net loss, reflecting their ongoing struggles to keep up with other giant media.
New EU DORA Law Requires Banks to Strengthen IT Security and Manage Third-Party Risks by 2025
By January 2025, the EU's Digital Operational Resilience Act (DORA) will enforce stringent IT security standards for banks and their technology suppliers to boost cyber resilience and manage third-party risks.
Apple Intelligence AI Features in iOS 18 and New iPhones Expected to be Priced at $20
Apple may charge up to $20 for its upcoming AI features from "Apple Intelligence," to boost its services revenue and deepen user engagement as the AI sector becomes more expensive.
Dr. Urban A. Kiernan, Founder and CEO of iMetabolic Biopharma Corporation (iMBP)
The iMetabolic Biopharma Corporation (iMBP) is tackling the challenge head-on with its proprietary iPlatformTM, which is a cutting-edge fusion of biotechnology and artificial intelligence (AI). "Our solution is techbio (technology-enhanced biopharma), which has led to the establishment of a proprietary multi-drug candidate pipeline and AI drug discovery technology," explains Founder and CEO Dr. Urban A. Kiernan.
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