Month : August 2024

India is set to unveil its largest deep-water port, Vadhvan, in Maharashtra on Friday, with Prime Minister Narendra Modi slated to lay the foundation stone, according to a report by Asian News International (ANI). The port, located in Palghar, is expected to significantly enhance India’s maritime capabilities and bolster its position in global......

The International Air Transport Association (IATA) reported a significant rise in global air cargo demand for July 2024, continuing a trend of robust year-over-year growth. According to the latest data, total air cargo demand, measured in cargo tonne-kilometers (CTKs), surged by 13.6% compared to the same period in 2023. This marks the......

Warren Buffett’s Berkshire Hathaway reached a significant milestone on Wednesday, becoming the first U.S. company outside of the technology sector to achieve a $1 trillion market capitalization. The Omaha-based conglomerate’s shares have surged by more than 28% in 2024, far outpacing the S&P 500’s 18% gain. The landmark achievement comes just days......

Saudi Arabia’s Foreign Direct Investment (FDI) has experienced significant growth, reaching nearly $215 billion in 2023. Khalid Al Falih, the Saudi Minister of Investment, attributes this surge to several key reforms enacted in recent years. These include the Civil Transactions Law, Private Sector Participation Law, Companies Law, Bankruptcy Law, and the establishment......

Lego announced a robust 13% revenue increase for the first half of 2024, reaching 31 billion Danish krone (approximately $4.65 billion), driven by popular lines like Lego Icons and a successful collaboration with Epic Games‘ Fortnite. CEO Niels Christiansen highlighted the broad strength across Lego’s product portfolio, attributing the growth to increased sales volume rather......