Category: Business

SEOUL/ABU DHABI — In a historic expansion of East Asian-Middle Eastern security ties, South Korea and the United Arab Emirates have signed a Memorandum of Understanding (MOU) to pursue defense cooperation valued at over $35 billion. The agreement, announced today, February 26, 2026, by Seoul’s presidential envoy Kang Hoon-sik, represents a fundamental shift in the […]

LONDON — In a landmark moment for European technology, London-based AI firm Wayve has raised $1.5 billion in a Series D funding round, propelling its valuation to $8.6 billion. The massive capital injection, announced Wednesday, positions the startup at the center of an intensifying “robotaxi war” as London emerges as the primary global battleground for […]

SCUNTHORPE, UK — In a major resurgence for British heavy industry, British Steel has secured an “eight-figure” contract to supply 36,000 tonnes of rail for Turkey’s ambitious high-speed rail network. The deal, announced on February 18, 2026, has acted as a historic catalyst for the company’s Scunthorpe plant, which has resumed round-the-clock, 24/7 manufacturing operations […]

The latest edition of Re|Shaping Policies for Creativity, UNESCO’s flagship monitoring report covering more than 120 countries, warns that generative AI is projected to drive significant income losses for artists by 2028. ‑generated content in global markets. The report stresses that these disruptions are occurring at a pace that outstrips current policy responses, exacerbating inequalities […]

Mr. De Croo, who chose Gaza for his first overseas visit since being appointed to the top job in November 2025, called for an expansion of access to the occupied territory for UN agencies to strengthen efforts to remove rubble and waste, provide shelter and medical equipment and evacuate patients. On Monday, Mr. De Croo […]

Meeting at UN Headquarters, in New York, from 2 to 10 February, the Commission for Social Development marked its first session since the Second World Summit for Social Development, held in Doha last year. The gathering brought together ministers, senior UN officials, civil society groups and youth representatives to examine how global pledges can be […]

Fodder cutters are fearsome machines with huge circular blades spinning at high speed, powered by small generators. Operated by rural workers in several developing countries, including India, Pakistan and Kenya, they pose a constant risk – many have had hands or arms amputated following accidents. The consequences are devastating. Tasks that shape daily life – […]

Their experiences underline a broader message: inclusive economic growth depends on opening space for those too often excluded, including people with disabilities, youth and home-based innovators. Entrepreneur by necessity For Shaymaa Saeed, a young Egyptian crochet designer and handicrafts artist with a disability, entrepreneurship was not a lifestyle choice but a necessity. Health challenges prevented […]

The Blue Ridge Regional Resilience Challenge 2026 is a competitive innovation program launched by RISE to identify, fund, and pilot solutions that address multi-hazard resilience in real community settings. Rather than treating disasters as isolated events, the Challenge is designed to support solutions that: Work across multiple hazards and phases (preparedness, response, recovery) Strengthen regional […]