Month: January 2025

Global travel rebounds with 4.89 billion passengers in 2024

Global air travel revenues surged in 2024, with passenger numbers reaching a record 4.89 billion as demand rose 10.4 per…

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Investigators find black boxes after deadly Washington plane crash, continue search for answers

US authorities said it was not yet clear why a regional jet and a US Army helicopter collided at a…

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Coffee prices surge to record highs above $3.60 per lb

Global arabica coffee prices hit record highs above $3.60 per lb on Wednesday as Brazil, by far the world’s largest…

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South Korean prosecutors indict impeached President Yoon Suk Yeol

SEOUL, South Korea: On January 27, South Korean prosecutors indicted President Yoon Suk Yeol, who was impeached last month, with…

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Mastercard’s profit jumps on strong holiday spending

Mastercard (MA.N) reported a higher fourth-quarter profit on Thursday as a resilient economy encouraged consumers to ramp up spending during…

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Mexico president to Google: wrong to accept Trump’s Gulf of Mexico name change

Mexican President Claudia Sheinbaum on Thursday said Google is wrong to change the name of the Gulf of Mexico on…

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Washington DC airspace challenges highlighted by crash

The crash of an American Airlines passenger jet and a U.S. Army Black Hawk helicopter near Reagan Washington National Airport…

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ECB cuts interest rates in relief to eurozone borrowers

The European Central Bank (ECB) on Thursday announced a reduction in its three key interest rates by 0.25 per cent.…

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Microsoft’s cloud outlook knocks shares, Meta rises on AI payoff signs

Investors punished Microsoft with a 6 per cent share drop on Thursday as hefty AI bets failed to drive a…

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EU NATO members ready to raise defence spending beyond 2% of GDP

The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above…

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