World

Rolls-Royce, the renowned British aerospace entity, has unveiled its impressive financial performance for 2024, surpassing market expectations and signaling a notable shift in its operational landscape. With its reported operating profit of £2.46 billion ($1.27 billion), representing a staggering 57% increase from the previous year, Rolls-Royce is emerging as a powerful player in the aerospace
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The financial landscape across the Asia-Pacific region reflected a notable downturn on Tuesday, with many markets succumbing to the pressures stemming from Wall Street’s disheartening performance. The decline was primarily attributed to escalating concerns regarding trade policies, particularly President Donald Trump’s announcements regarding tariffs on key partners such as Canada and Mexico, which continues to
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In a resounding affirmation of its commitment to American innovation and job creation, Apple Inc. has announced plans to establish a cutting-edge artificial intelligence (AI) server manufacturing facility in Houston, Texas. This ambitious initiative is part of a broader $500 billion investment plan proposed by the company, aimed at bolstering its operations and footprint across
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Pope Francis, the 88-year-old leader of the Catholic Church, has recently faced a significant health scare, prompting fears for his well-being across the globe. Initially admitted to Rome’s Gemelli Hospital on February 14 due to difficulties in breathing, he was later diagnosed with double pneumonia affecting both lungs. This alarming condition necessitated the use of
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In recent weeks, the geopolitical landscape has taken a compelling turn as discussions surrounding Ukraine’s critical mineral resources have escalated. This development has sparked tension between U.S. negotiators and Ukrainian officials, raising concerns about the implications for critical communication technology—specifically, SpaceX’s Starlink satellite internet. As Ukraine grapples with the aftermath of an ongoing conflict, the
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In a significant advancement for the tech giant, Alibaba has outperformed market expectations for its fiscal fourth quarter, closing December 31 with net earnings of 48.945 billion yuan, which equates to approximately $6.72 billion. On a comparative note, analysts had forecasted only a net income of 40.6 billion yuan. Revenue also surpassed anticipations, totaling 280.154
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In January, the United Kingdom witnessed a significant increase in its inflation rate, soaring to 3%—a figure that surpassed analysts’ predictions of 2.8%. This unexpected rise, as reported by the Office for National Statistics (ONS), has profound implications on various economic fronts, particularly consumer behaviors and monetary policies. December had seen a CPI of 2.5%,
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