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Lineage, the world’s leading operator of cold storage warehouses, has executed the largest initial public offering (IPO) in the U.S. this year. The company announced the sale of 56.9 million shares at $78 each, which is near the high end of its anticipated range of $70 to $82.1. This sale...

Every day, about 168,054 people around the world die from many reasons, including natural diseases, accidents, violence, and disasters that aren’t expected. These numbers can vary significantly among countries, influenced by healthcare access, social stability, technological development, and the overall economic situation. It’s noteworthy that the most populated countries, China...

A recent study conducted by the Swiss Institute for Economic Research (KOF) has unveiled striking disparities in the origins of wealth among Switzerland's richest individuals. According to the study, a mere 8% of the 300 wealthiest Swiss citizens accumulated their fortunes through their own efforts. In stark contrast, 80% of...

Researchers at NYU are conducting a study to examine the relationship between biodiversity and the wealth of surrounding neighborhoods in New York City parks. Ecologists Valentina Alaasam and Rafael Baez are leading this research, focusing on the abundance of ants, slugs, and earthworms in various urban green spaces and comparing...

Gavin Isaacs has been appointed as the new CEO of Entain, succeeding interim CEO Stella David following Jette Nygaard-Andersen's departure last year. David will transition to the role of chair, replacing Barry Gibson at the end of September. Isaacs brings a wealth of experience in the gambling industry to his...

All students choose college majors to secure their future. Yes, passion for any academic field is a motivator, but financial prospects are always the overriding factor. This is why young people are motivated to choose the right academic vector.  So, which college majors will be a springboard for your career?...

The ASEAN+3 Macroeconomic Research Office (AMRO) has maintained its growth projections for the ASEAN+3 region at 4.4 percent for 2024 and 4.3 percent for 2025, as revealed in the latest ASEAN+3 Regional Economic Outlook (AREO) update. This optimistic outlook is supported by favorable export conditions, robust domestic demand, and a...

We rarely give much thought to the numerous parts that go into the various goods we use on a daily basis, such as cars and home appliances. For modern life to be practical and convenient, a massive ecosystem of parts and components is required. Comprehending this complex network brings to...

China's financial interest in Latin America has waned since the late 2010s and shows no signs of recovery. A report by the Inter-American Dialogue and the Boston University Global Development Policy Center highlights this trend, noting that Chinese development finance institutions (DFIs) issued less than $1.5 billion in loans to...

Regulators have imposed $136 million in fines on Citigroup for failing to rectify persistent deficiencies in its controls and risk management, posing a significant challenge for CEO Jane Fraser as she works to overhaul the major New York bank. The Federal Reserve and the Office of the Comptroller of the...