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Saturday, November 23, 2024

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Lifestyle and Travel

San Francisco’s Hotels Financial Struggles with Hilton Parc 55 and Hilton San Francisco Union Square Collectively Losing $1 Billion in Value

San Francisco's once-thriving hotel industry is now facing a significant financial crisis as a sharp decline in tourism has left the city's largest hotels burdened with substantial debt. According to the Kroll Bond Rating Agency, the combined value of the Hilton Parc 55 and Hilton San Francisco Union Square has...
Special ReportsTech and Innovation

EU Member States on Restricting High-Risk Telecom Suppliers: Huawei and ZTE Under the Microscope

Eleven out of the 27 EU member states have implemented legal measures to impose restrictions on telecom suppliers deemed high-risk, such as Huawei and ZTE, for their 5G network infrastructure, according to a European Commission spokesperson speaking to Euronews. While one new country has recently joined this list, and a...
Money and WealthSpecial Reports

Oxfam Report: $42 Trillion Accumulated by the Wealthiest 1% Over the Past Decade

Over the past decade, the world’s richest 1% have amassed an additional $42 trillion, according to a recent report by Oxfam. The non-governmental organization highlighted that taxes on the wealthy have fallen to "historic lows," exacerbating global inequality and leaving the majority to contend with limited resources. Oxfam's report revealed...
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