Business Archives - Page 14 of 35

Miri Regev Shares Alternative Trade Route to Bypass Red Sea Issues

3Apr

By Tahreem Akram1 Comment

Business

Miri Regev Shares Alternative Trade Route to Bypass Red Sea Issues

Israeli transportation minister Miri Regev posted a video on X where she stands at Gujarat’s Mundra port and explains the new trade route. Global trade is disrupted due to ongoing conflicts in the Red Sea, particularly attacks on Israeli ships by Yemen’s Houthi rebels. Therefore, Israeli transport minister Miri Regev recently shared an important new trade route. What’s going on in the Red Sea? Gaza is suffering a tough time due to constant attacks from Israel’s military. To show support for Gaza, Yemen’s Houthi rebels are attacking Israeli ships in the Red Sea. This conflict has caused big problems for global trade because 12% of it goes through the Red Sea. The Red Sea is very important for trade as it connects the Indian Ocean to the Mediterranean Sea through the Suez Ca...

Donald Trump Unveils $399 Sneaker Line Amid Legal Woes

18Feb

By Aqsa Azam1 Comment

Business

Donald Trump Unveils $399 Sneaker Line Amid Legal Woes

Former US President Donald Trump launched a line of sneakers priced at $399 at an event in Philadelphia on Saturday. They were met with boos and cheers from the crowd, which was gathered for "Sneaker Con". The launch comes just a day after a judge in New York ordered Trump and his company to pay $355 million in penalties for fraudulently overstating his net worth. Former President Donald Trump made a surprising move by selling his new branded sneakers line for $399 at a huge sneaker event called "Sneaker Con" in Philadelphia. This came just a day after a judge ordered him to pay a massive $355 million penalty for lying about his wealth and other financial issues. Trump introduced the flashy gold high-top shoes with an American flag design at the event. The unique launch attracted bo...

Oxfam Reports Tells A Disturbing World’s Wealth Distribution

15Jan

By Aqsa AzamNo Comments

Business

Oxfam Reports Tells A Disturbing World’s Wealth Distribution

A new report from Oxfam shows that the world's five richest men doubled their fortunes between 2020 and 2023, while the poorest half of the world's population got 1% poorer. The report is being released as world leaders gather in Davos, Switzerland, for the annual World Economic Forum. In a recent report, Oxfam revealed that the combined wealth of the world's five richest men—Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison, and Mark Zuckerberg—has doubled to $869 billion since 2020. Meanwhile, the poorest 60%, consisting of 5 billion people, have become even poorer during the same period, according to the Oxfam report. The charity's report, titled "Inequality Inc.," disclosed that the wealth of the top five billionaires surged from $405 billion in 2020 to $869 billion in the p...

NASA Is Planning To Put Their Feet On the Moon Again!

8Jan

By Aqsa AzamNo Comments

Business

NASA Is Planning To Put Their Feet On the Moon Again!

After over 50 years since the last American footsteps on the lunar surface, NASA is gearing up for a monumental return. The Artemis I mission is slated for launch later this year in February. It marks the first crewed US mission to the moon in decades, ushering in a new era of lunar exploration. In a historic event set for Monday, a new rocket developed by Lockheed Martin and Boeing's joint venture in NASA, United Launch Alliance, will carry the first lunar lander from the United States since the Apollo missions in 1972. The success of this launch is vital for the future of United Launch Alliance as it aims to compete with SpaceX in commercial space launches. The lunar lander, named Peregrine and built by Astrobotic Technology, a small Pittsburgh-based company, could become the firs...

Kim Kardashian Set Backs for Gift-Wrapping Resembling Shrouds

26Dec

By Aqsa Azam1 Comment

Business

Kim Kardashian Set Backs for Gift-Wrapping Resembling Shrouds

Kim Kardashian posted videos on Instagram showing off her gifts wrapped in stretchy fabric from her clothing line. She said it was a cool way to be eco-friendly and reuse stuff. But some people online noticed something else: the fabric looked a lot like the sheets used for Muslim funerals. Kim Kardashian, a famous TV star, is in hot water again. This time, it's not about her fancy clothes or big family. It's about how she wrapped her Christmas presents! Kim faces criticism after sharing videos on Instagram showcasing her Christmas gift-wrapping technique using cotton jersey fabric T-shirts from her brand SKIMS. The focus on potential reuse caught attention, as some social media users pointed out that the wrapping style looked similar to Muslim funeral shrouds. This sparked accusati...