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Worldwide
Miscellaneous
Global food price index bounces back after hitting three-year low
This increase was primarily driven by higher prices for vegetable oils, meat, and dairy products
Economy
Bank of Japan may hike interest rates as yen hits two-week high
Japanese firms raise wages by 5.24 percent, the highest increase in 33 years
Technology
Crypto firm Ripple to launch U.S. dollar stablecoin, targeting $150 billion market
This move puts Ripple in competition with Tether and Circle in stablecoin market
Economy
Kristalina Georgieva positioned as only candidate for second term as managing director of IMF
Georgieva's current term is set to expire in September 2024
Hospitality & Tourism
Travel and tourism industry set to surpass $11.1 trillion in global economic contribution in 2024: Report
The sector will surpass its previous record by an additional $770 billion, the report says
Markets
Oil prices surge above $90, reaching highest level since October
The rise in prices is fueled by geopolitical tension and supply concerns
Technology
Will Google introduce a paid subscription option for its AI-powered search engine?
Introduction of charges would mark the first time users pay for enhancements to Google’s core search product
Energy
Oil prices likely to touch $95 during summer months: Report
Escalating geopolitical tensions and ongoing supply restrictions propel oil prices
Economy
Eurozone business activity shows signs of recovery, with services sector leading the way
The manufacturing sector struggles, faces deeper downturn
Logistics
China aims for a trillion-yuan aviation industry with focus on the low-altitude economy
China is set to redefine general aviation industry by 2030
Banking & Finance
Digital wallets empower financial inclusion and cross-border payments: Visa report
The global volume of digital wallets is forecasted to reach $12 trillion annually by 2028
Markets
Oil prices hit highest level in five months, approach $90 as OPEC output remains steady
Mixed U.S. inventories impact crude oil gains, production offset by fuel demand
Economy
Eurozone inflation drops to four-month low of 2.4 percent in March 2024
The market anticipates four ECB rate cuts, first in June
Economy
Türkiye’s inflation climbs to 68.5% as rate hikes fail to stem price rise
Education again saw the highest cost inflation at 104 percent year-on-year
Markets
Oil prices stabilize amid concerns over supply disruptions
Concerns arose from attacks on Russian refineries and potential conflict escalation in the Middle East
Industry
Manufacturing sector in China sees growth in March, ending 6-month contraction
PMI data shows growth in export orders, slow employment decline
Energy
Oil prices surge on positive economic outlook, geopolitical concerns
China and U.S. demand boost prices amid Middle East conflict
Technology
Why AI chip maker Nvidia can’t afford to rest on its laurels
AI isn’t going anywhere; and neither is Nvidia's competition
Markets
Oil prices rise amid tight supply, upbeat Chinese economic data
China's manufacturing activity expanded for the first time in six months in March
Logistics
Turkish exports reach $21.8 billion, trade deficit narrows by 44.2 percent in February
Exports rose by 13.6 percent
Miscellaneous
Former FTX CEO Sam Bankman-Fried sentenced to 25 years behind bars, $11 billion forfeiture
The imposed sentence of 25 years is considerably shorter than the 40 to 50 years sought by the prosecutors
Markets
Oil prices rise as tighter supplies drive strong first quarter in 2024
Russia's commitment to deeper production cuts as a key factor influencing the crude oil market in the coming months
Technology
Apple to reveal new AI strategy at Worldwide Developers Conference on June 10
Tech giant to showcase innovations and proactive features aimed at revolutionizing user experience
Markets
Oil prices slide for second consecutive day as U.S. stockpiles surge
Market concerns rise as major producers hold output policy steady
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