A strike at London Underground would virtually shut down all tube services and cause substantial traffic delays throughout most of the metropolis due to the ongoing dispute over jobs and pensions. While buses are anticipated to be incredibly busy and traffic to be jam-packed, some London Overground and Docklands Light Railway services may also be impacted by the RMT union's 24-hour boycott. Trains on the Elizabeth Line will operate as usual. Furthermore, there will be a walkout by about 10,000 RMT employees from Arriva Rail a

The ongoing COP27 climate change summit has reportedly decided to examine the establishment of a financial provision to aid poor and vulnerable nations affected by climatic disasters. However, COP27 has been facing finance-related issues since the funding source has not yet been determined. Every action that needs to be taken in response to climate change has money at its core. With a rapidly increasing demand for funds, the needs are much more than the present and pledged resources. UN Secretary-General Antonio Guterres recently stated that climate change is developing at

Elon Musk, the owner of Twitter has reportedly warned that Twitter will permanently suspend those accounts which engage in impersonation without clearly specifying it. Musk also announced that unlike before, there would be no warning before the suspension of accounts. He also added that changing the name of any account will also result in a temporary loss of verified checkmarks. All those accounts that re-named them to Elon Musk and ridiculed the Tesla owner has either been placed behind a sign of warning or have been altogether suspended.

Elon Musk, the owner of Twitter has reportedly warned that Twitter will permanently suspend those accounts which engage in impersonation without clearly specifying it. Musk also announced that unlike before, there would be no warning before the suspension of accounts. He also added that changing the name of any account will also result in a temporary loss of verified checkmarks. All those accounts that re-named them to Elon Musk and ridiculed the Tesla owner has either been placed behind a sign of warning or have been altogether suspe

The first Beijing Marathon since 2019, after COVID-19 canceled earlier events, reportedly attracted about 30,000 participants last week. Despite an increase in infections around China, it was the first significant sporting event to take place in the Chinese capital since the Winter Olympics in February. China upholds a rigorous zero-COVID policy, enforcing strict lockdowns, quarantines, and testing regimens in response to even the slightest outbreaks. As a result, unlike earlier iterations that drew overseas runners, the event was sol

UN Secretary-General Antonio Guterres has recently warned that the planet might be heading toward irreparable ‘climate chaos’ and has requested global leaders at the upcoming climate conference in Egypt to put the world on the right track. Guterres suggested certain measures that governments across the world could take in this regard, which include cutting down on carbon emissions, following through with their promises on climate funding, and helping developing nations accelerate their transition to renewable energy. The U

Asian markets reportedly followed Wall Street's downward trajectory after Federal Reserve chairman Jerome Powell dashed expectations of a quick change in the aggressive monetary policy of the US central bank. Bank shares which often benefit from higher interest rates, initially suffered on the assumption of the economy getting hampered by higher rates, but eventually, they gained some ground. DBS's stock fell 1.6% at $34.20 this week after reporting a 32% increase in third-quarter earnings. Meanwhile, OCBC declined b

Blackbird, an Australian venture capital firm, reportedly closed a fund on Wednesday for over AUD $1 billion ($640 million). The firm claims this is the largest fund ever raised in Australia. This sixth fund from Blackbird is twice as big as the last one, which closed in August 2020. Superannuation funds such as Hostplus, AustralianSuper, the sovereign wealth fund of Australia, the sovereign wealth funds of New Zealand, the Future Fund, as well as the government-backed New Zealand Growth Capital Partners Elevate fund were among the institutional investors that participated

China's housing debt crisis is reportedly reaching a new phase, with even partly state-backed developers as well as private sector companies that were once thought to be safe, collapsing. For a number of builders in that group, the previous 24 hours have brought matters to a head while new data has highlighted larger issues as the housing market collapse has become worse. Greenland Holding Group, which has long been regarded as one of the country's most resilient real estate corporations and is largely held by regional governm