October 2022

The country's most right-wing government since World War Two has been set in motion with the appointment of Giorgia Meloni as its first female prime minister. Meloni, leader of the nationalist Brothers of Italy, won an election last month…

Annual inflation in the euro area rose from 9.1% in August to 9.9% in September 2022. The rate was 3.4% a year earlier. In September 2022, inflation in the European Union was 10.9%, up from 10.1% in August. According to Eurostat, the…

US stocks rose in morning trading Thursday as markets searched for direction amid mixed earnings news. S&P 500 rose 0.8% as of 10:13 AM EST. Dow Jones Industrial Average gained 339 points, or 0.1%, to 30,757, and Nasdaq climbed 1%.…

Boris Johnson and Rishi Sunak were the frontrunners in a fast-tracked race to succeed Liz Truss as British Prime Minister on Friday. The party's hopes of turning its fortunes around are being boosted by Truss' resignation, which ended her…

In a report published today by Bloomberg, Wall Street analysts disputed Elon Musk's claim that Tesla Inc. would one day surpass Apple Inc. and Saudi Aramco in valuation. In an article by Bloomberg, the electric-vehicle maker reported poor…

Next January, Abu Dhabi will host the 15th World Future Energy Summit, a leading business event on future energy and sustainability. The conference will provide practical solutions to both global leaders and the international energy…

An official from the Indonesian health ministry told reporters on Wednesday that almost 100 children in the country have died from acute kidney injury (AKI) this year. The health ministry spokesman Mohammad Syahril, in a statement to…

Lafarge, a French cement company, admitted Tuesday it paid millions of dollars to Daesh to keep a plant operational in Syria. This was during a time when the militant group enslaved and tortured Westerners. The company agreed to pay…

A team from the International Monetary Fund (IMF) reached an agreement with Somalia that will allow the release of about $10 million to that country once it has been approved by the IMF's board, according to the head of the mission of the…

Weather forecasters warned of more downpours later this week, while swollen rivers swept downstream inundating farms, towns and homes across southeast Australia on Tuesday. According to the Bureau of Meteorology, the Murray River,…