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Turkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a result that may come as surprising, given the country's high levels of inflation.
Americans have often been accused, especially by those living abroad, of having a rather narrow view of the world.
ISTANBUL -- Chinese electric-vehicle maker BYD will invest $1 billion in Turkey to set up an EV and plug-in hybrid vehicle factory with an annual capacity of 150,000 units, creating a second European production and export hub after the one it is building in Hungary.
Turkey will soon unveil an agreement with BYD to construct a US$1 billion plant in the west of the country, Turkish officials said, boosting the Chinese carmaker’s presence in Europe at a time of escalating trade tensions.
Snowflake has spent the past seven weeks dealing with the fallout of a major cyberattack that compromised sensitive customer data at several of its clients. The software company's problems just got a whole lot worse.
LONDON — The number of global millionaires is set to keep rising over the next five years — with the U.K. a stark outlier, according to the 2024 Global Wealth Report from UBS.
To arrest further deterioration of the situation, Philippine foreign affairs undersecretary Maria Theresa Lazaro and Chinese foreign vice-minister Chen Xiaodong met in Manila on July 2. They discussed improving maritime communication mechanisms and promoting dialogue between their coastguards, including possibly resuming a joint coastguard committee set up during the Duterte administration.
