Aramco CEO Warns Of Global Oil Crunch Due To Lack Of Investment

DAVOS – The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressures, the head of Saudi Aramco told Reuters, adding it cannot expand production capacity any faster than promised. Amin Nasser, head of the world’s largest oil producer, said on … More Aramco CEO Warns Of Global Oil Crunch Due To Lack Of Investment

Davos Booster For $18 Billion Fund To Fight AIDS, Tuberculosis And Malaria

DAVOS, Switzerland – A global health fund has raised a third of the $18 billion it says is needed to reverse setbacks caused by the coronavirus pandemic and combat AIDS, malaria and tuberculosis. The Global Fund to Fight AIDS, Tuberculosis and Malaria announced its first pledge from the private sector on the sidelines of the … More Davos Booster For $18 Billion Fund To Fight AIDS, Tuberculosis And Malaria

World Faces A Turning Point, Ukraine’s Zelenskiy Warns Leaders At Davos

DAVOS, Switzerland – Ukrainian President Volodymyr Zelenskiy told global business leaders meeting at Davos on Monday that the world faces a turning point and has to ratchet up sanctions against Russia as a warning to other countries considering using brute force. ‘History is at a turning point…This is really the moment when it decided whether … More World Faces A Turning Point, Ukraine’s Zelenskiy Warns Leaders At Davos

Crypto Crowd Dominate Davos Main Street Despite Price Crash

DAVOS, Switzerland – A free bitcoin pizza stall and a ‘Liquidity Lounge’ were among the treats on offer for attendees at this year’s meeting in Davos, where blockchain and cryptocurrency firms have taken over its main street, despite a recent crash. Executives from the crypto sector have descended on the annual gathering of business leaders … More Crypto Crowd Dominate Davos Main Street Despite Price Crash

Guardiola Becomes England’s Most Successful Foreign Manager

PARIS, France – Spaniard Pep Guardiola became the most successful foreign manager in English football, in terms of league titles won, when he clinched his fourth Premier League crown on Sunday. With his latest success, the Manchester City manager moved above Frenchman Arsene Wenger and Portuguese Jose Mourinho who both have three Premier League titles … More Guardiola Becomes England’s Most Successful Foreign Manager

Parthenon Fragment From Italy Can Stay In Greece ‘Forever’, Greek Ministry Says

ATHENS – A marble fragment of the Parthenon temple will be permanently returned to Athens from a museum in Italy, a significant move for Greece witch has stepped up its campaign for the return of the sculptures from its most renowned ancient monument. The ‘Fagan fragment’ is a 35 – by – 31 – centimetre … More Parthenon Fragment From Italy Can Stay In Greece ‘Forever’, Greek Ministry Says

Dave, Ed Sheeran And Shakira Among Winners At Ivor Awards

PARIS, France – Rapper Dave, chart – topper Ed Sheeran and music star Shakira were among the winner at the Ivors in London on Thursday, the annual awards honouring songwriters and screen composers. Dave beat the likes of singers Adele, Sheeran and Raye as well as band Coldplay to be crowned songwriter of the year … More Dave, Ed Sheeran And Shakira Among Winners At Ivor Awards

WHO Calls Emergency Meeting As Monkeypox Cases Top 100 In Europe

PARIS, France – The World Health Organization was holding an emergency meeting on Friday to discuss the recent outbreak of monkeypox, a viral infection more common to west and central Africa, after over 100 cases were confirmed or suspected in Europe. In what Germany described as the largest outbreak in Europe ever, cases have been … More WHO Calls Emergency Meeting As Monkeypox Cases Top 100 In Europe

Italian Luxury Group Zegna Sees Sales Above 2 Billion Euros In Mid – Term

MILAN, Italy – Italy’s Zegna is aiming for revenue above 2 billion euros ($2.1 billion) in the medium term, up from the 1.29 billion euros posted last year, the fashion group said on Tuesday at its first Capital Markets Day since its debut on Wall street in late 2021. The family – owned group is … More Italian Luxury Group Zegna Sees Sales Above 2 Billion Euros In Mid – Term