Business
– Microsoft is offering a voluntary exit package to about 27% of its workforce as it seeks to fund a costly AI infrastructure expansion while protecting capital efficiency. The offer, announced on Monday, applies to certain employees in the United
– South Korea’s current account surplus reached $116.63 billion in the second quarter, the second-largest among major economies after China, central bank data showed. The surplus was larger than those of Germany and Japan combined, Yonhap News Agency reported. China
– The Interfax news agency reported that bilateral trade between Russia and Oman reached $1.5 billion during the first seven months of 2026, marking the highest figure in ten years, according to Sergei Shoigu. The Secretary of Russia’s Security Council
– According to the Korea Customs Service, South Korea’s semiconductor exports experienced a remarkable 222.5% year-on-year growth to reach $27.5 billion during the first 20 days of October, contributing to total exports of $61.6 billion. Overall outbound shipments more than
– The International Energy Agency (IEA) announced on Thursday that emergency stockpiles are being activated to help mitigate the ongoing supply disruptions. The agency agreed to release more than 20 million barrels of fuel, while the U.S. Department of Energy
– The Central Bank of Egypt announced on Tuesday, October 13, that Egypt’s remittance receipts from citizens working abroad totaled a record $33.9 billion during the initial eight months of 2026. This amount represents a 27.2% increase from $26.6 billion