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Dubai Introduces 20% Tax on Foreign Banks

Dubai, April 13, 2024 (Financeflashnews) - Dubai authorities have introduced a 20% tax on the annual income of foreign banks operating in the emirate....

Gold Prices Continue to Break Records

LONDON, April 12, 2024 (TASR) - Gold prices continued to rise at the end of the week, reaching new record highs. The precious metal,...

Electric Cars: China and the US Accelerate, Europe Slows Down

The global electric vehicle market continues to grow dynamically. Sales of these vehicles in March 2024 increased by 12% compared to the same period...

U.S. Airlines Battle China Over Flights

Washington, D.C., April 12, 2024 – U.S. airlines are complaining about unfair competitive practices by China in the aviation sector. They allege that China...

Google to Invest $1 Billion in Undersea Cables Connecting US and Japan

Google is investing $1 billion in the construction of two undersea cables that will connect the US and Japan, improving digital connectivity in the...

Vietnamese Real Estate Magnate Sentenced to Death for Billion-Dollar Fraud

A Vietnamese court has sentenced real estate magnate Truong My Lan to death for her role in a massive $12.46 billion real estate fraud. This...

Hungarian Parliament Approves Crypto Market Regulation Law

Budapest, April 10, 2024 (Peniaze24) – The Hungarian Parliament has passed a law on regulating the crypto asset market, making it one of the...

Boeing Cuts Production Amid Quality Control Issues

American aerospace giant Boeing is facing turbulence. A series of incidents and tightened regulatory scrutiny have led to a sharp drop in production...

Economic Warning: Inflation Could Stay High, Dimon Says

Jamie Dimon, CEO of JPMorgan Chase, warned on Monday in his annual letter to shareholders that persistent inflation could pose a risk to the...

AI and Data Centers to Double Copper Demand by 2030

Lausanne, April 8 - Demand for copper linked to artificial intelligence (AI) and data centers could reach one million metric tons by 2030,...

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