The semiconductor industry took a hit in 2023 thanks to a decline in sales of personal computers (PCs) and smartphones. The industry’s revenue dropped 12% last year according to estimates. The sales drop also hurt the demand for semiconductor manufacturing equipment as foundries and chipmakers reduced orders for new equipment and focused on lowering elevated […]
Tag: Global
Philippines hopeful of exiting global money laundering ‘grey list’
MANILA (Reuters) – The Philippines is hopeful of being taken off the money laundering ‘grey list’ of the Financial Action Task Force (FATF) of this year, the country’s Anti-Money Laundering Council said on Tuesday. The FATF, an intergovernmental organisation combating money laundering and terrorism financing, added the Philippines to the list in June 2021 for […]
More Ukrainian children from Ukraine’s Russia-held regions arrive in Belarus despite global outrage
TALLINN, Estonia (AP) — Belarus’ authoritarian president on Thursday attended a government-organized meeting with children brought from Russia-controlled areas of Ukraine, openly defying an international outrage over his country’s involvement in Moscow’s deportation of Ukrainian children. Speaking at the event marking the arrival of a new group of Ukrainian children ahead of the New Year […]
Guinness Storehouse hoping global award will deliver visitor boom in 2024
A leading Dublin tourist attraction freshly crowned the world’s best visitor experience is hoping the global accolade, assisted by a David Beckham boost, can drive it to new heights in 2024. The Guinness Storehouse, which took away the top prize at the World Travel Awards earlier in December, is set to welcome more than 1.4 […]
As conflicts rage abroad, a fractured Congress tries to rally support for historic global challenges
WASHINGTON (AP) — As the Senate wrapped up its work for the year, Sen. Michael Bennet took to the floor of the nearly empty chamber and made a late-night plea for Congress to redouble support for Ukraine: “Understand the stakes at this moment.” It was the third time in recent months the Colorado Democrat has […]
As conflicts rage abroad, a fractured Congress tries to rally support for historic global challenges
WASHINGTON (AP) — As the Senate wrapped up its work for the year, Sen. Michael Bennet took to the floor of the nearly empty chamber and made a late-night plea for Congress to redouble support for Ukraine: “Understand the stakes at this moment.” It was the third time in recent months the Colorado Democrat has […]
The US is producing more oil right now ‘than any country in history,’ S&P Global says
Massive oil company mergers have coincided with a US production boom in 2023.wenbin/Getty Images The US is now history’s largest oil producer, according to S&P Global Commodities Insight. Crude and condensate production hit a new global record this quarter. “When you look back on 2008 — when US production was at a 62-year low, and […]
Social media platform X back online after global outage
Social media platform X, formerly Twitter, experienced a global outage on Thursday morning with users briefly unable to see their timelines. Thousands of people took to the website Downdetector, which tracks online outages, to report issues with the platform’s app and website. Almost 4,000 outage reports had been made to the site at 6am. Billionaire […]
Ukraine launches serial production of $2,000 cobra strike drone, outpacing global competitors
Mass production of Ukraine’s Cobra strike drone has officially commenced, Army of Drones reported on Dec. 20. With a price tag of just $2,000, the Cobra is more cost-effective than both foreign and domestic counterparts, including the Iranian Shahed flying bomb drone, with which Russia has been attacking Ukrainian cities since last 2022. Read also: […]
Scooter Company Bird Global Files Bankruptcy to Sell Itself
(Bloomberg) — Bird Global Inc., the company that put electric scooters onto the sidewalks of major cities, filed for bankruptcy with a plan to sell itself two years after raising $414 million from shareholders. Most Read from Bloomberg The Miami based company listed assets and liabilities of between $100 million and $500 million in its […]
LadBible owner reports sales growth as global audience surpasses 440m
The media group which owns digital publisher LadBible has revealed it is expecting a jump in sales and earnings over 2023 after building its audience and advertisers. Manchester-based LBG Media, which also owns brands SportBible, Tyla and UniLad, said it was performing well in the UK and Ireland despite profits dragging in Australia. Social media […]
2023’s extreme storms, heat and wildfires broke records – a scientist explains how global warming fuels climate disasters
The year 2023 was marked by extraordinary heat, wildfires and weather disasters. In the U.S., an unprecedented heat wave gripped much of Texas and the Southwest with highs well over 100 degrees Fahrenheit (37.8 Celsius) for the entire month of July. Historic rainfall in April flooded Fort Lauderdale, Florida, with 25 inches of rain in […]