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Germany’s economic contraction persisted in December, marking the sixth consecutive month of declining business activity, according to the HCOB German flash composite Purchasing Managers’ Index (PMI). The latest data highlighted ongoing challenges across key sectors, underscoring sustained weaknesses in Europe’s

The United Kingdom’s retail sector is facing significant challenges following recent budget announcements, with increased financial pressures and a rise in insolvencies among retailers. The October 2024 budget, introduced by Chancellor Rachel Reeves, implemented substantial tax increases, including a rise

NASA’s Parker Solar Probe has successfully completed its closest-ever approach to the Sun, achieving a historic milestone in space exploration, the agency announced. The probe remains in stable condition following its passage through the Sun’s outer atmosphere, known as the

Japan’s government has approved a record 115.54 trillion yen ($730 billion) draft budget for fiscal year 2025. The new budget, set to begin in April 2025, surpasses the previous record of 114.38 trillion yen established in fiscal 2023. According to

The Department of Health – Abu Dhabi (DoH), in partnership with the Authority of Social Contribution – Ma’an, has allocated over AED 19 million in grants to drive advancements in healthcare research and innovation. This funding, distributed through the Healthcare

China’s National Bureau of Statistics reported a 4.7 percent decline in the combined profits of major industrial enterprises for the January-to-November period of 2024. The data, released on Friday, highlights ongoing pressures on the country’s industrial sector amid global economic

Business leaders and major corporations are committing millions of dollars to President-elect Donald Trump’s inaugural committee, signaling efforts to secure influence and access as his administration prepares to take office. High-profile donors include Amazon, led by Jeff Bezos; OpenAI CEO

Bitcoin prices fell despite MicroStrategy Inc.’s ongoing efforts to bolster its cryptocurrency holdings through additional share offerings. The digital asset declined approximately 3% to $95,420 as of 7:12 a.m. in New York on Thursday, reflecting broader market volatility. A composite

Russia has begun utilizing Bitcoin and other cryptocurrencies for international payments as part of its efforts to mitigate the impact of Western sanctions, according to Finance Minister Anton Siluanov. The move follows legislative changes enabling the use of digital currencies

The United Nations General Assembly adopted a new international convention to prevent and combat cybercrime, marking the conclusion of a five-year negotiation process. The UN Convention against Cybercrime aims to strengthen global cooperation, enhance evidence-sharing mechanisms, and provide technical assistance