Archives

Switzerland Creates 'Too Big to Fail' Rules to Make Banks Safer Following Credit Suisse Collapse

Switzerland Creates 'Too Big to Fail' Rules to Make Banks Safer Following Credit Suisse Collapse

Switzerland presented proposals for UBS, along with three other systemically relevant banks, to protect the country from a recurrence of the Credit Suisse collapse experienced last year.


UK to Spend Over £55 Million to Improve Facial Recognition Systems to Stop Shoplifting

The UK government is investing £55.5 million ($70 million) to improve facial recognition technology as part of a crackdown on shoplifting.

US Approves Ukraine's Emergency Request to Buy $138 Million Worth of Hawk Missile Parts, Repair Services

The US has approved Ukraine's emergency request to purchase spare parts and repair services for its HAWK missile systems.

Germany: Art Museum Fires Worker for Hanging His Own Painting in Exhibition in Bid to Make Breakthrough

A German art gallery terminated an employee for hanging his own artwork in an attempt at recognition and permanently barred him from the exhibition.


Latest News

Donald Trump Meets With UK Foreign Secretary David Cameron, Who Is Pressing GOP-Controlled House to Unlock Money for Ukraine
Donald Trump met on Monday with British Foreign Secretary David Cameron for dinner at the former president's Florida residence, where they talked about the Ukraine war and NATO spending.
Indian Businessman Jumps to His Death From the 19th Floor of a Star Hotel in Bengaluru
A 27-year-old Indian businessman died after jumping off from the 19th floor of a star hotel in India in an apparent suicide.
GERMANY-ELECTRONICS-FAIR-IFA
The Pentagon has just disclosed that the contract to install Elon Musk's Starlink terminals in Ukraine is valued at $23 million.
Russia, China Agree to Boost Economic and Security Ties to Counter US Dominance in Europe and Asia
Russia and China have announced plans to deepen their security cooperation in Asia and Europe to counter the US' attempts to exert dominance on these regions.
Russia's Oil-Gas Giant Zarubezhneft Seeks to Invest in Vietnam's Offshore Wind Power
Russian oil-gas giant Zarubezhneft expressed its interest in expanding its presence in Vietnam by venturing into offshore wind power projects.
Tesla No. 1 in Brand Loyalty, New Survey Reveals; Almost 90% of EV Owners Say They'll Buy Again
Tesla is no. 1 in a new brand loyalty survey and almost 90% of its customers in the US say they'll buy another Tesla.
Gold Rush at Costco: Wells Fargo Estimates Gold Bars Revenue as Much as $200 Million Monthly
Costco has found a lucrative venture in selling gold. Analysts at Wells Fargo estimated monthly sales to reach as much as $200 million.
Lunchables
A recent testing conducted by Consumer Reports has revealed that the widely-used Lunchables have been found to contain elevated levels of lead, as well as sodium.
Jessica Alba Steps Down From The Honest Company 12 Years After Founding the Firm
Jessica Alba is stepping down as chief creative officer at The Honest Company, the baby products and personal care business she founded in 2021.
Elon Musk Admits X Alter Accounts Amidst Defamation Lawsuit, Says He Roleplays as His Toddler
During the defamation lawsuit against him, Elon Musk admitted using alternative accounts and confirmed pretending to be his toddler.