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Thursday, May 21, 2026
Penultimate day of WUF13: What world's largest urban gathering actually achieved in Baku

Penultimate day of WUF13: What world's largest urban gathering actually achieved in Baku

As the World Urban Forum in Baku enters its final day tomorrow, four days of ministerial commitments, first-ever summits, a landmark report, and the beginnings of a Baku Call to Action have produced more than most UN urban conferences manage.

Goldman Sachs warns global oil inventories falling at record pace

Goldman Sachs warns global oil inventories falling at record pace

Global crude oil and petroleum product inventories are shrinking at a record pace this month as the ongoing war in the Middle East continues to disrupt energy markets, according to global investment bank Goldman Sachs, AzerNEWS reports. Global oil inventories declined by a staggering...

China–Russia trade increases in January–April

China–Russia trade increases in January–April

Trade between China and Russia increased significantly in the January–April period, rising by 19.7% year on year to reach 85.2 billion U.S. dollars, according to China’s Ministry of Commerce (MOC), marking a strong start to the year, AzerNEWS reports, citing foreign media.

Samsung bonus deal fuels wage demands beyond AI sector

Samsung bonus deal fuels wage demands beyond AI sector

The AI boom has driven South Korea’s chipmakers to record-breaking profits, leading to the creation of a new bonus system that links employee payouts directly to company earnings. In some cases, bonuses could exceed six times an employee’s annual salary, AzerNEWS reports, citing Korean media.

UNESCO official: Preservation of cultural heritage is living part of urban development

UNESCO official: Preservation of cultural heritage is living part of urban development

Cultural heritage should be treated not only as something to preserve but also as a living part of urban development and community life, Benedetto Zacchiroli, director of DiverCity, the UNESCO ICCAR Youth Bootcamp for Inclusive and Sustainable Cities, and President of the European Coalition of Cities against Racism (ECCAR), told AzerNEWS.

Azerbaijani table tennis player enters Guinness World Records

Azerbaijani table tennis player enters Guinness World Records

An official confirmation certificate has been sent by the relevant authority recognizing Azerbaijani table tennis player Nihad Mammadov as a new Guinness World Record holder, AzerNEWS reports citing the Azerbaijan Table Tennis Federation.

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