Finance
Historic Policy Shift Announced in Saudi Arabia President Donald Trump has announced the complete removal of all United States sanctions on Syria during his visit to Saudi Arabia on May 13, 2025. Speaking at an investment forum in Riyadh, Trump stated, "I will be ordering the cessation of sanctions
Finance
Bill Gates, co-founder of Microsoft and chair of the Gates Foundation, announced on May 8 that he will give away virtually all of his personal wealth — an estimated $200 billion — through his foundation over the next two decades before permanently closing its doors in 2045. This acceleration of the foundation&
Finance
President Donald Trump signed an executive order on Monday establishing a 30-day deadline for pharmaceutical manufacturers to lower prescription drug prices in the United States or face new limitations on what the government will pay. According to WCVB, the order directs Health and Human Services Secretary Robert F. Kennedy Jr.
Finance
China has taken a historic step in urban air mobility by issuing the first permits for autonomous passenger drones, with EHang Holdings and Hefei Heyi Aviation receiving Air Operator Certificates from the Civil Aviation Administration of China on March 30, 2025. This regulatory milestone enables both companies to conduct commercial
Finance
After President Donald Trump imposed steep tariffs on Chinese goods last month, Beijing initially responded with defiance. State media posted images of Mao Zedong and criticized "imperialists," signaling that China would not back down in the face of pressure. Behind closed doors, however, Chinese officials grew increasingly worried
Finance
The United Kingdom is reportedly close to signing a trade deal with the United States, according to The New York Times. This would make Britain the first country to secure such an agreement following the US implementation of new "reciprocal" tariffs against various trading partners in April. US
Finance
Cisco Systems revealed a prototype chip designed to network quantum computers together during an announcement on Tuesday. The company also disclosed plans to open a new laboratory in Santa Monica, California, to advance its quantum computing research efforts. The prototype chip utilizes technology similar to current networking components but serves
Finance
The United Nations Development Programme (UNDP) released its 2025 Human Development Report on Tuesday, revealing that global development progress has reached its slowest pace since records began in 1990. The report shows stalled advancement across all world regions despite recovery from recent global challenges like the COVID-19 pandemic. Titled "
Finance
The European Court of Justice (ECJ) ruled on April 29 that Malta's program offering citizenship to foreign investors is illegal, effectively ending the last "golden passport" scheme in the European Union. The court found that Malta's policy made nationality a "mere commercial transaction&
Finance
IBM has announced a partnership with Tata Consultancy Services (TCS) to deploy India's largest quantum computer at the Quantum Valley Tech Park in Amaravati, Andhra Pradesh. The installation will feature IBM's Quantum System Two, equipped with a powerful 156-qubit processor. "This places India on the
Aurora has begun operating the first commercial driverless semi-trucks without safety drivers on regular long-haul routes between Dallas and Houston. The autonomous trucking firm announced Thursday it launched service for its initial customers, Uber Freight and Hirschbach Motor Lines, which delivers time-sensitive and temperature-controlled freight. Both companies previously completed test
Finance
The federal judge who initially ordered Apple to loosen its grip on the App Store has found that the company deliberately failed to comply with her ruling. Judge Yvonne Gonzalez Rogers determined that Apple tried to hide its noncompliance through a series of calculated decisions aimed at maintaining control over