June 13 (UPI) — Despite sweltering temperatures Thursday, the area around the Seoul Sports Complex in southern Seoul transformed into a vibrant sea of purple, as fans gathered to celebrate the 11th anniversary of K-pop megastar BTS. Hours before the 2024 Festa — an annual event hosted by BTS’ agency, BigHit Music — throngs of […]
Tag: Global
Trump offers CEOs a cut to corporate taxes. Biden’s team touts his support for global alliances
WASHINGTON (AP) — Former President Donald Trump told an influential group of CEOs that he wants to further cut the corporate tax rate he lowered while in office, while President Joe Biden’s chief of staff separately told them that the Democratic incumbent’s emphasis on global alliances would help their businesses. Both Trump, the presumptive Republican […]
We’ll soon live in a world with a ‘staggering’ excess of oil that we can’t fully use, global energy watchdog IEA warns
Oil demand has been on a rollercoaster ride over the last five years due to a global pandemic, wars, and other economic pressures. That’s happened against a backdrop of the U.S. ramping up shale production, countries tightly controlling how much oil is released, and the world transitioning to alternative energy sources. All these factors will […]
Most employees are quiet quitting and it’s costing the global economy nearly $9 trillion a year
Good morning! Despite entering the corporate lexicon nearly two years ago, the trend of “quiet quitting,” or choosing not to go above and beyond at work, is still in full swing. Around 62% of employees globally are not engaged at work, meaning they are doing the minimum required, and detached from their job, according to […]
OPEC may soon lose its sway over global oil prices, IEA says
A looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum Exporting Countries and its allies, or OPEC+, to prop up prices by cutting production, according to the International Energy Agency. The Paris-based IEA said Wednesday that it expects growth in global oil production — led by the United States […]
Apple becomes the first $1 trillion global brand, Nvidia’s value triples, report says
By Matteo Allievi (Reuters) -Apple has become the first brand to cross $1 trillion in brand value, a 15% jump from last year, while chipmaker Nvidia’s value has nearly tripled, a global ranking by Kantar’s BrandZ showed on Wednesday. The iPhone maker retained its crown as the world’s most valuable brand for the third straight […]
CLA Global announces new network member in Mexico
CLA Global Limited (CLA Global), a leading global organisation comprised of independent accounting and advisory firms, announces that several former member firms of Baker Tilly in Mexico have combined to become a network member firm of CLA Global. The firm will transition to the CLA Global name and brand to become CLA Mexico with immediate […]
Norway just loosened China’s stranglehold on rare minerals critical to the global economy—and it’s a huge win for Europe and the U.S.
Norway just struck a gold mine. Well, a rare mineral mine. The Norwegian mining company, Rare Earths Norway, just uncovered the largest deposit of rare earth elements in Europe. The discovery has major implications not just for the company, which is certainly poised for a windfall, but for global geopolitics. Rare Earths Norway found the […]
Egypt’s Extreme Heat Is Ominous Warning for Global Economies This Summer
(Bloomberg) — On a sizzling hot day in April, Cairo meteorologist Amira Nasser points to a written chronicle of Egypt’s weather in the 1800s. Outside, the temperature is 41°C (105°F), or 46°C in the sun — hot enough to have killed the battery on Nasser’s phone. Inside, the records at the museum of meteorology have […]
Essentials of Global Health
Paramount Global owner calls off merger talks with Skydance Media
NEW YORK (AP) — National Amusements, which owns a majority voting stake in embattled entertainment giant Paramount Global, said Tuesday that it has ended talks on a possible merger of Paramount with movie production company Skydance Media. The potential deal had drawn attention for weeks amid concerns about Paramount’s future given its heavy debt load […]
More global confidence in Biden than Trump even as views of US democracy decline, poll finds
People in 34 countries around the world have more confidence in President Joe Biden than his challenger in November’s election, former President Donald Trump, even as there is increased skepticism that United States democracy provides a good model for the rest of the world to follow, according to a poll from the Pew Research Center […]