The world was left stunned when Princess Kate of Britain announced on Friday that she had been diagnosed with cancer and was currently undergoing chemotherapy. In a heartfelt video statement, she revealed that what was initially thought to be a noncancerous condition post-surgery turned out to be cancer. The news was a huge shock not
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The Competition and Markets Authority (CMA) in the U.K. recently announced that Vodafone’s proposed merger with rival CK Hutchison is set to undergo an in-depth probe unless both companies can provide satisfactory solutions to address the regulator’s concerns. The CMA had initiated its investigation into the potential tie-up back in January, citing worries that the
The Bank of England recently announced its decision to keep interest rates steady at 5.25%, reflecting the concerns over falling inflation rates. The Monetary Policy Committee voted 8-1 in favor of maintaining the current rates, with only one member advocating for a 25 basis point cut to 5%. This decision comes after no members pushed
Singapore has once again proven itself to be the happiest country in Asia for the second consecutive year, as revealed by the 2024 World Happiness Report. With an overall ranking of 30 out of the 143 places surveyed, Singapore has secured its position as a beacon of happiness in the region. This recognition is a
Japan’s central bank, the Bank of Japan (BOJ), made a significant decision on Tuesday to raise interest rates for the first time since 2007. This move marks the end of the world’s only negative rates regime, which had been in place since 2016. The BOJ raised its short-term interest rates from -0.1% to around 0%
China recently released economic data for the first two months of the year, showcasing positive trends that exceeded analysts’ expectations. Retail sales saw a 5.5% increase, surpassing the forecast of 5.2%. Industrial production also experienced growth, with a 7% increase compared to estimates of 5%. Additionally, fixed asset investment rose by 4.2%, higher than the
In China, the youth are facing an increasingly tough labor market, which is leading them to explore unconventional methods in their job searches. Young people in China are struggling with fierce competition and a scarcity of job opportunities, prompting them to think outside the box when it comes to finding employment opportunities. The Rise of
North Korean leader Kim Jong Un recently made headlines after using a Russian luxury limousine gifted to him by President Vladimir Putin. Kim’s sister, Kim Yo Jong, praised the car’s “special function” and highlighted the deepening bilateral ties between North Korea and Russia. The high-end Aurus Senat limousine was gifted to Kim in February and
Tesla, the electric vehicle maker, recently settled a racist discrimination lawsuit with former employee Owen Diaz. The lawsuit, which was originally brought in 2015, resulted in a federal jury awarding $3.2 million in damages to Diaz. This settlement comes after years of legal battles and allegations of racist discrimination at Tesla’s factory in Fremont, California.
In the latest financial results, meal delivery firm Deliveroo reported a significant improvement in its financial performance. Deliveroo reported a £31.8 million ($40.7 million) loss in full-year results, which is a significant improvement from the previous year’s loss of £294.1 million. Adjusted earnings also showed positive growth, coming in at £85.4 million, up from a