UK economy shrinks at fastest pace in seven months, hit by strikes and wet weather
U.K. gross domestic product fell by 0.5% in July, below the 0.2% contraction forecast in a Reuters poll of economists.
European Central Bank is set for hawkish pause as the economy turns south
Shoppers in the region are holding back on spending as inflation eats up their disposable income.
SpaceX’s Starlink partners with European satellite giant SES for combined cruise market service
European satellite operator SES is teaming up with SpaceX’s Starlink to offer a combined service to cruise operators.
Early Revolut backer Lakestar leads $40 million investment in French fintech startup Swan
French embedded finance startup Swan raised 37 million euros ($40 million) in a series B investment led by European venture capital giant Lakestar.
China can’t just rely on boosting births to address aging population issues, Renmin University professor says
Regardless of how many children are born in China, the number of people who are aged 60 and above will roughly double to more than 500 million in the year 2050.
Years in the making, Venice approves a tax on daytrippers
Venice’s city council on Tuesday approved a long-awaited regulation to tax day visitors 5 euros ($5.38) to visit the city.
Demand for the world’s smelliest fruit has soared 400%, fueled by China’s ‘craze’
Demand for durians has soared 400% year-on-year, largely bolstered by a “craze” for the fruit in China, said HSBC.
North Korea fires two ballistic missile with leader Kim away in Russia
The nuclear-armed North has conducted regular launches of everything from short-range and cruise missiles to massive intercontinental ballistic missiles.
How India’s foreign policy decisions will test its superpower ambitions
India is performing a geopolitical balancing act between protecting its interests while maintaining ties with its trading partners. Mostly tight-lipped in condemning Russia for its invasion of Ukraine, India has also boosted imports of heavily discount…
Thai hospitality magnate is ‘very optimistic’ about Thailand’s tourism recovery
Thailand’s tourism recovery has room for much optimism, especially as diplomatic relations with Saudi Arabia normalizes, said Chairman of Minor International.
