Economy
Britain's Conservative government is on Wednesday expected to use a budget update to unveil tax cuts for millions of workers, in an attempt to woo voters before a general election.
It may have deadly animals and wild weather, but Palm Cove in Australia's northeast has been named the world's best beach, beating rivals in Hawaii, Greece and Fiji. "Recognition of Palm Cove as the world's number one beach by an award-winning travel magazine and website only validates what locals already know about Palm Cove," said James.
In a field in the Kyiv region, Lyudmyla Martyniuk was standing by silos filled with grain that should be heading for export, but for a blockade on the Polish border disturbing a market already impacted by Ukraine's war with Russia. Instead, she pointed to a series of issues, including Russia drowning the international market with cheaper grain.
A boom in internet sales has boosted the lower end of the art market and could ultimately doom showroom auctions, said the boss of sector-tracker Artprice, which published its annual report Wednesday. "Showroom auctions are doomed to disappear," Ehrmann added.
Asian shares mostly slumped on Wednesday after global markets fell as traders locked in profits following recent tech-driven rallies. Traders were underwhelmed and global equities wobbled.
Once a housewife in rural India, Sharmila Yadav always wanted to be a pilot and is now living her dream remotely, flying a heavy-duty drone across the skies to cultivate the country's picturesque farmlands. "Who would have thought until a few years ago that in our country women living in villages too would fly drones?
In its search for sorely needed talent, German chipmaker Infineon is looking as far as Guatemala, but the rise of the far-right at home risks making the move unappealing and harming the industry. To find the potential new hires and bring them to Germany, Infineon has signed deals with training institutions in Guatemala and is organising language courses and help with housing for new arrivals.
Councillors in the UK's second-largest city Birmingham were poised Tuesday to approve tax hikes and deep cuts to public services that could include axed arts funding and reduced rubbish collection, as the city fights to avoid bankruptcy. Both sets of measures are set to be approved by councillors at a meeting Tuesday.
The UAE has decided to lift its visa ban on Nigerians, signaling improved diplomatic relations and facilitating travel and economic opportunities.
Economy
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