HSBC recently announced that it is joining China’s alternative payment system in an attempt to move quickly and further its competitive advantage in the evolving global banking sector. This has marked a sea change in banking practices whereby financial institutions…
With funding for electric vehicle startups starting to dry up, Chinese electric vehicle makers are increasingly looking to IPOs as a means of raising capital. As venture capital and private equity dried up, many EV makers have turned toward the…
Right now, Nike is under the microscope as the sportswear maker navigates through leadership transitions and works its way through a sales slowdown, especially in the key Chinese market. The company’s stock has been under pressure as investors await its…
It follows then that JPMorgan Chase is ready to post its earnings report, and analysts are eager to see how recent interest rate cuts by the Federal Reserve are affecting the banking sector. JPMorgan is actually one of the largest…
The tech sector has been pretty busy, most especially with Tesla and Microsoft, under the spotlights with major product launches and earnings releases. Tesla is unleashing its highly-anticipated robotaxi service, believed to change the entire dynamics of urban transport systems…
Major stock indexes have been performing superbly of late, trading near record highs, buoyed by the series of interest rate cuts that the Federal Reserve has been handing out. These cuts have indeed gone a long way in restoring investor…
Global health funding faces critical challenges where investment in basic programs such as immunization and disease control are increasingly scrutinized. Following the fiscal strain brought about by the COVID-19 pandemic, health institutions and governments reassessed their strategies with a view…
The Niger River, running across Nigeria, saw a small boat accident that highlighted the dangers migrants and travelers face, as over 100 people are still missing. The tragedy struck when the overloaded boat beyond its capacity capsized, and many passengers…
It is one element of international climate action, which plays under the adaptation framework of the Paris Agreement. It puts countries in a position to prepare for and adapt to the impacts of climate change by enhancing resilience, reducing vulnerability…
The establishment of the Loss and Damage Fund is a big step in international negotiations on climate change, which the most vulnerable countries have been agitating to help compensate for the negative consequences of climate change. It is a fund…
Haiti is currently hit by a severe crisis, marked by increased gang violence, which has highly exacerbated the humanitarian situation in the country. Violence has resulted in displacement and insecurity, where more than 700,000 people have been displaced. Among these…
Mark Rutte, the former Prime Minister of the Netherlands, was appointed Secretary-General of NATO on 1 October 2024. This is after serving for a long period as the Prime Minister of the Netherlands, a time during which he opted for…
