Business & Economics

Digital Workers Are on The Move. Could Baku Become A New Tech Hub?

By BCG authors Shahar Lavian, Deborah Lovich, Or Klier, Konrad von Szczepanski, Kirill Tuishev and Polina Kempinsky Higher pay is the top motive for relocating. But understanding other drivers of choice can help tech hubs and employers boost their appeal to global digital talent. A

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US Stocks Close Higher As Investors Await Retail Earnings This Week

S&P 500 rises 0.3% while Nasdaq Composite traded 0.48% higher The US stocks increased on Monday as investors are waiting for earnings from big retailers, including Home Depot, Walmart, and Target this week. The Dow Jones Industrial Average added 152

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Construction of New Highway Bypassing Azerbaijan’s Lachin City Completed

The construction of a new highway bypassing Azerbaijan’s Lachin city is one of the most important road infrastructure projects implemented in Karabakh and East-Zangazur economic regions under the president’s instructions, Trend reports. The road construction was carried out by the State Agency

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EU-Russia Dispute On Energy Supplies Costly For Both Sides: Expert

EU to pay more for alternative energy resources if available, while Russia, despite rerouting exports, will lose lucrative EU market, says Turkish professor While the EU scrambles to source alternative energy suppliers to minimize reliance on Russian fossil fuels, Russia

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Azerbaijan To Sign New Energy Security Agreement with EU – President Aliyev

Azerbaijan and the European Union will sign an energy security document over the next few days, the country’s President Ilham Aliyev said. “An important document – one on energy security – will be signed between the EU and Azerbaijan in

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Germany’s Annual Inflation Rate Comes in at 7.6% In June

Germany’s annual inflation rate came in at 7.6% in June, led by high energy prices, according to an official expectation on Wednesday. The figure was down from 7.9% in May, in line with the first estimate, according to the country’s

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TAP Donates A New Fleet of Firefighting Vehicles to The Civil Emergencies in Albania

As part of its Social and Environmental Investment (SEI) programme, the Trans Adriatic Pipeline donated a fleet of 16 firefighting vehicles to 10 municipalities across the route of the pipeline in Albania. Tirana. Albania as part of its Social and Environmental

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Ukraine Reconstruction, Food Security to Dominate G7 Agenda

By Aysu Biçer, Anadolu Agency Summit to be held under Germany’s leadership with goal of ‘progress towards an equitable world’ Leaders of the world’s seven wealthiest nations will gather in Germany for talks on additional sanctions against Russia and the medium-

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Report Reveals Gap to Going Green

New Research Reveals Stark Disconnect Between Sustainability Plans and Action at Most Companies Recent research by Oxford Economics and SAP has uncovered significant barriers to corporate sustainability initiatives. The problems include a lack of communication and engagement by executives, ineffective

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EU Leaders Agree on Russian Oil Embargo

‘This will effectively cut around 90% of oil imports from Russia to the EU by the end of the year,’ says Ursula von der Leyen. European Union countries agreed late Monday to reduce the amount of oil purchased from Russia

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