During a Ukraine peace summit in Lucerne, Switzerland, Vice President Kamala Harris declared over $1.5 billion in aid, including $500 million for energy assistance. This funding aims to aid Ukraine in responding to Russia’s attacks on its energy infrastructure and to improve the country’s resilience to energy supply disruptions. Additionally, $324 million will be reallocated
As the weekend approaches, Disney and Pixar’s latest offering, Inside Out 2, is making waves at the box office with an impressive projected opening of $120M-$130M at 4,440 theaters. Despite the rise of streaming services like Disney+, it seems that Pixar fans are still willing to flock to theaters for the big-screen experience. The film
NASA recently announced that Boeing’s Starliner capsule “Calypso” will be staying at the International Space Station for a longer duration than originally planned. This extension in mission duration is due to the developmental nature of the mission, known as Boeing’s crew flight test. The company, along with NASA, is utilizing this opportunity to conduct a
The Pentagon recently revealed the first winners in its rocket launch contract sweepstakes, and one of the recipients was Jeff Bezos’ Blue Origin. This marks the first time that Blue Origin has secured a spot as a winning bidder in the Pentagon’s $5.6 billion National Security Space Launch program. Alongside Blue Origin, Elon Musk’s SpaceX
Recently, G7 leaders have been engaging in discussions to address the concerning issue of China’s trade policies. A senior U.S. official has highlighted the need for additional steps to level the playing field in trade with China and protect their economic security. The U.S. official emphasized that China has been operating with unfair and anti-competitive
China Evergrande Group, once the largest property developer in China, was ordered to be liquidated in January after failing to present a viable restructuring plan for its massive debt. As part of the liquidation process, lawyers appointed by the liquidators are now looking into the actions of some of Evergrande’s service providers, including its former
Central bank decisions in Britain, Switzerland, and Norway are closely monitored by investors to gauge the global rate cutting trend. While the Bank of England is not expected to cut rates before July 4, the Swiss National Bank initiated rate cuts in March, and Norway is hesitant to cut rates with core inflation at around
The recent decision by the Bank of Japan to trim bond buying in the future has sent ripples through the market, leading to a weakening of the yen and a 0.7% increase in the Nikkei. The central bank’s plan to reveal details of its tapering over the next one to two years at the July
In an era where corporate expenses can often be a cause for concern due to employees making improper requests, CleverCards has taken a revolutionary approach to address this issue. The Dublin-based startup has defied the odds by securing 8 million euros in funding from investors, amidst a slump in investment for the financial technology industry.
The recent G7 summit held in Italy saw a historic agreement among member nations to provide $50 billion in loans for Ukraine, backed by interest from frozen Russian assets. This decision was hailed as a powerful signal of Western unity and resolve. German Chancellor Olaf Scholz described the move as a significant step in sending