About Author
Pankaj Singh
Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605
Contribution by Pankaj Singh
Cop27: Met launches operation to arrest public disruption suspects
The Metropolitan police have reportedly begun a major effort to find and detain climate change activists who are allegedly preparing reckless and dangerous road disruption as Cop27 gets underway. Matt Twist, the Assistant Commissioner of Metropolitan police, said that three individuals who were s... Read More
PT PAL Indonesia and EDGE group’s ADSB sign MoU at Indo Defense 2022
PT PAL Indonesia, the state-owned shipbuilder in Indonesia recently signed a Memorandum of Understanding (MoU) with EDGE entity ADSB, a leader in the UAE for the design, repair, building, maintenance, refit, and conversion of military and commercial boats. The MoU is reportedly signed in order to... Read More
Rising diesel costs come as a severe shock to UK drivers, claims RAC
RAC, the British automotive service company, has reportedly claimed that the price of diesel skyrocketed in October because of the Opec+ oil cartel's decision to limit production, seriously shocking the drivers. According to its data, the average price of diesel increased by 10p ($0.07) p... Read More
Australia: Inflation hits 32-year high, grows thrice faster than wage
Australia's inflation rate reportedly soared to a 32-year high in the fourth quarter as the price of home construction and gas increased, fueling calls for the nation's central bank to resume more rate hikes. On Wednesday, the consumer price index or CPI data from the ABS (Australian Bure... Read More
UK retail sales decline as higher costs lead to less spending on food
Retail sales in the United Kingdom have reportedly declined more sharply than predicted in September, as rising costs caused customers to cut back on spending, and with many stores remaining closed on the day of Queen Elizabeth's funeral. According to the Office for National Statistics, retai... Read More
American Airlines posts $478M Q3 profit and expects strong Q4 growth
American Airlines, the publicly traded carrier, reportedly anticipates earning a profit in the December quarter that is higher than Wall Street projections, thanks to a solid recovery in travel demand that shows no signs of abating despite rising airfare. Due to the reopening of borders and the s... Read More
French trade union holds strike over higher wages amid high inflation
Trade unions in France have reportedly begun a countrywide strike to seek higher wages amid the worst inflation in decades, posing one of President Emmanuel Macron's most serious challenges since he was re-elected in May. The protest on Tuesday is a prolongation of the weeks-long union activi... Read More
UK chancellor Jeremy Hunt to hasten tax and spending measures
UK Chancellor Hunt is reportedly set to announce tax and spending reforms totaling billions of pounds from his deficit plan earlier than expected. Details of the measures will be revealed on Monday by the Treasury. The decision is the most recent in a string of U-turns made after the mini-budget ... Read More
BOK hikes benchmark interest rate to 3 percent, warns for more
South Korea's central bank reportedly hiked interest rates by half a percentage point and hinted at additional raises in the future as the value of the dollar rose, but there were signals that officials are considering delaying the pace of the increase. Following a projected quarter-point inc... Read More
UK: Energy bills reduction campaign canceled due to mounting cost
A public information campaign to assist households cut their energy bills this winter has been reportedly canceled due to additional expense, according to a cabinet minister. As per Nadhim Zahawi, the effort to promote domestic energy saving could have cost up to £15 million ($16.6 million)... Read More