Swiss banks report rise in American account openings in 2025
Wealthy Americans are increasingly turning to Swiss banks for asset security amid political and economic volatility in the United States....
Month : April 2025
Google found to hold illegal ad tech monopolies
Google has been found to hold illegal monopolies in ad tech, harming publishers and users, according to a U.S. federal court ruling....
Moscow City Tourism Committee Brings ‘Moscow Tea Time’ to Dubai with 15 Cultural Venues
In 2025, Moscow Tea Time will make the international debut in Dubai, launching across 15 selected restaurants. The city’s rich tea traditions have been revived since the project was first introduced in Moscow in 2023. The Moscow Tea Time initiative will run from April 20 through May 3, 2025, offering......
Circular economy key to EU sustainability push
The transition to a circular economy is a critical factor in advancing sustainable development, increasing resource efficiency, and reducing environmental impact, according to a new report from the Organisation for Economic Co-operation and Development (OECD). The report, titled Circular Economy in Cities and Regions of the European Union, states that......
Egypt central bank lowers key interest rates by 225 basis points
The Central Bank of Egypt (CBE) announced on April 17, 2025, that it has reduced key interest rates by 225 basis points. The decision was made during a meeting of the CBE’s Monetary Policy Committee (MPC) as part of its scheduled policy review. Following the adjustment, the overnight deposit rate now stands......
March 2025 warmth fuels climate concerns across Europe
March 2025 was confirmed as the warmest March ever recorded in Europe and the second warmest globally, according to the latest bulletin released by the Copernicus Climate Change Service (C3S). The data, derived from the ERA5 dataset, recorded an average surface air temperature of 14.06°C for the month, which is 0.65°C higher......
IATA forecasts strong year for cargo operators
The global air cargo sector is projected to grow by 5.5 percent in 2025, according to the International Air Transport Association (IATA), outpacing the anticipated global GDP growth despite persistent economic and geopolitical uncertainties. Brendan Sullivan, IATA’s Global Head of Cargo, shared the outlook during the opening day of the World Cargo......
Gartner reports 21 percent semiconductor revenue jump
Global semiconductor revenue reached $655.9 billion in 2024, marking a 21 percent increase from $542.1 billion in 2023, according to final figures released by market intelligence firm Gartner. The significant growth reflects rising investment in artificial intelligence infrastructure and a sharp recovery in memory chip pricing. For the first time, NVIDIA secured the......
India strengthens global tech ties with quantum move
India has unveiled a comprehensive strategy to guide its global engagement in quantum science, aligning with the United Nations’ (UN) designation of 2025 as the International Year of Quantum Science and Technology. The announcement, made on World Quantum Day, underscores India’s ambition to shape international dialogue and cooperation in the rapidly evolving field of quantum technologies. The......
TeKnowledge Unveils New Brand Identity and Launches AI-First Expert Technology Services to Accelerate Enterprise Transformation
A bold visual identity, global expansion, and a people-first strategy signal the next chapter in expert tech services in the Middle East Newszy: Dubai, United Arab Emirates – TeKnowledge today announced a new brand identity and the launch of its AI-First Expert Technology Services, an integrated model designed to help enterprises accelerate transformation......