UN warns of $4 trillion shortfall threatening global development goals

Speaking at UN Headquarters in New York, Secretary-General António Guterres, General Assembly President Philémon Yang and Economic and Social Council President Bob Rae stressed the need for more resources and a global financial overhaul. Without an effective response, they stressed, the world risks falling even further behind on ending poverty, fighting climate change, and building […]

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IBM Unveils $150 Billion U.S. Investment to Propel Quantum Computing and Manufacturing

April 28, 2025 – New York, NY – IBM has announced a landmark $150 billion investment in the United States over the next five years, underscoring its commitment to bolstering domestic manufacturing and advancing quantum computing capabilities. This strategic move aligns with the current administration’s emphasis on revitalizing U.S. industrial sectors. Strategic Allocation of Funds […]

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UN rights office calls for end to Israel’s ‘illegal presence’ in the Occupied Palestinian Territory

The Palestinian co-director of the documentary, Basel Adra, delivered remarks to the UN Committee on the Exercise of the Inalienable Rights of the Palestinian People. Ambassador Riyad Mansour of the Observer State of Palestine and Israeli Human Rights lawyer Netta Amar Schiff – who joined via videolink – also took part. No Other Land, directed by […]

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Ingka Group Powers Ahead: IKEA’s Parent Company Launches First Solar Park in Poland to Boost Clean Energy Drive

Recz, Poland – April 2025 — In a major stride toward its clean energy goals, Ingka Group, the largest IKEA retailer globally, has inaugurated its first solar power facility in Poland, marking a significant expansion of its renewable energy portfolio in Eastern Europe. The 29-megawatt (MW) solar park, located in Recz, northwestern Poland, was developed […]

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Joby Aviation and Virgin Atlantic Partner to Launch UK’s First Zero-Emission Air Taxi Service

In a major leap toward transforming urban transportation, Joby Aviation has partnered with Virgin Atlantic to introduce the UK’s first zero-emission air taxi service. Announced on March 15, 2025, the service aims to revolutionize travel between major cities with fast, eco-friendly flights. Joby’s all-electric air taxis will connect key Virgin Atlantic hubs, including London Heathrow […]

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Transforming the Mining Industry with AI and Robotics: Enhancing Safety, Efficiency, and Productivity

The mining sector is experiencing a technological revolution, with Artificial Intelligence (AI) and robotics at the forefront of this transformation. The integration of these advanced technologies is set to redefine mining operations by improving safety standards, boosting productivity, and optimizing operational efficiency. From predictive maintenance and real-time hazard detection to automation and process optimization, AI […]

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One in four female genital mutilation cases now carried out by health workers

While the health sector worldwide plays a key role in stopping the abusive practice of FGM and supporting survivors, in several regions, evidence suggests otherwise. As of 2020, an estimated 52 million girls and women were subjected to FGM at the hands of health workers – that’s around one in four cases. “Health workers must […]

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Massive Power Outage Strikes Iberian Peninsula: Spain Declares State of Emergency. Portugal, Andorra and France Affected

On April 28, 2025, a widespread power outage affected Spain, Portugal, Andorra, and parts of southern France, leaving tens of millions without electricity. The blackout, which began around 12:30 PM CEST, disrupted daily life across the Iberian Peninsula, including transportation, healthcare, and telecommunications. Spanish Prime Minister Pedro Sánchez convened an emergency meeting of the National […]

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Nomura Holdings Strikes $1.8B Deal to Acquire Macquarie’s U.S. and European Asset Management Arms

Nomura Holdings, Japan’s largest investment bank, has agreed to acquire the U.S. and European public asset management operations of Australia’s Macquarie Group for $1.8 billion, in a strategic move to expand its global footprint and strengthen its fee-based business. The deal is expected to close by the end of 2025, pending regulatory approvals. The acquisition […]

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Capital One– Discover $35 Billion Merger Gets Final Regulatory Green Light

Capital One’s $35 billion acquisition of Discover Financial has cleared its final regulatory hurdle, with U.S. regulators — including the Federal Reserve — granting formal approval for the deal to proceed. The merger is now slated to close on May 18, marking one of the largest consolidations in the U.S. financial services sector in recent […]

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