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Jun 18, 2025 | Fossil Fuels

ExxonMobil has the highest market capitalization of any oil and gas producer worldwide. As of June 18, 2024, the United States-based company had a market cap of 491.34 billion U.S. dollars. 

Big Oil's place among the ten leading oil and gas companies

Of the five largest companies in this ranking, three were considered Big Oil companies. Meanwhile, the Indian conglomerate Reliance Industries, which operates the world's largest oil refinery complex and is also involved in retail and telecommunications, ranked fourth, with a market cap of more than 200 billion U.S. dollars. 

KPI's of top oil & gas companies

While there has been little change in which companies are counted among the largest within their industry, their ranking varies depending on the metric used. Although ExxonMobil has often ranked first in terms of market capitalization, state-owned enterprises such as China's Sinopec are more likely to be found on top of a list of leading oil and gas companies worldwide based on revenue. State-owned enterprises such as Gazprom and PetroChina are furthermore the leading oil and gas companies worldwide based on employment. In 2023 and 2024, their respective workforce consisted of around 400,000 employees.

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Jun 24, 2025 | Cloud

In 2025, Microsoft generated revenue of 42.4 billion U.S. dollars, positioning the tech giant as the leader among cloud vendors in terms of revenue. Azure —Microsoft’s cloud computing platform — offers customers services for running and managing applications in different cloud environments.

Leading cloud vendors

Amazon Web Services (AWS), IBM, Salesforce, and Google Cloud are all among the top five cloud vendors. These companies offer different services via the cloud to customers, which includes a wide variety of applications and other resources businesses need for their IT and operations. While AWS and Google offer products and services to customers that are similar to Azure’s, Salesforce is mainly a software as a service (SaaS) provider and the leading customer relationship management (CRM) platform.

What does the future of cloud vendors’ offerings look like?

Many cloud vendors are seeking to transform from being simply IT infrastructure providers to becoming business partners, by offering consulting for customers on how to improve their business operations by leveraging cloud services. In addition, cloud providers are busy developing vertical clouds, also known as industry clouds, that are optimized for particular industries. This includes industry-specific features such as security measures that are in line with regulatory requirements in the healthcare industry, for example.

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Jun 20, 2025 | Income & Expenditure

In 2025, the United States government donated around 1.2 billion U.S. dollars in humanitarian aid worldwide. The European Commission and Germany followed with over 1.25 U.S. dollars. However, this only shows one part of the picture, as the largest economies are likely to be the largest donors. Another way of looking at the largest donors are by how much each country gave as a share of their gross domestic product.

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Jun 18, 2025 | Hockey

The Stanley Cup is the championship trophy awarded annually to the National Hockey League (NHL) playoff champion. It is the oldest existing trophy awarded to a professional sports franchise in North America. As of 2025, the player with the most Stanley Cup wins of all time was Henri Richard. The centre won 11 Stanley Cups with the Montreal Canadiens between 1955 and 1975. 

What is the total revenue of the Montreal Canadiens?

The revenue of the Montreal Canadiens amounted to 321 million U.S. dollars in the 2023/24 season. This marked the highest registered revenue in franchise history. In the 2022/23 season, the average revenue throughout the NHL stood at just over 200 million U.S. dollars. 

How many Montreal Canadiens fans attend home games?

The total/average regular season home attendance of the Montreal Canadiens remained fairly consistent over the past decade. Average attendance hovered around 21,200, with the exception of a slight decrease in recent years due to the pandemic. Total attendance for the 2023/24 regular season was registered at just over 865,000.

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Jun 19, 2025 | Cinema & Film

In 2024, Disney alone accounted for over one-quarter (21.4 percent) of the box office revenue in the United States and Canada, thanks to blockbusters such as "Inside Out 2". Universal ranked second in box office market share at about 20 percent. Warner Bros held a share of approximately 13 percent that year.

Disney's superpowers

The company's performance at the so-called North American box office led to yet another outstanding placement in the U.S.'s mediascape. In 2024, Disney's box office market share once again stood above 25 percent, a milestone the studio has been achieving every other year since the second half of the 2010s. But an overreliance on superhero stories – noticeable since Disney acquired Marvel in 2009 – may have its days counted. The share of moviegoers in the U.S. saying they were getting tired of so many superhero movies grew by six percentage points between mid-2018 and the end of 2021.

Who has the range?

Diversity in film genres seems to also be important to attract newer audiences. During a mid-2021 survey, over a third of responding Gen Zers said their main motivation for attending movie theaters was a variety of movie offerings. This segment is key for the cinema industry. Historically, the 12-17 age group has been recording the highest average of movies seen per capita in a theater in the U.S. In 2021, the figure stood at 2.5. Among people aged 50 and above, the average stood below one.

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Jun 23, 2025 | Apps

In May 2025, Tencent’s super app WeChat remained the most popular mobile app in China with around 1.24 billion monthly active users (MAUs). Its older instant messaging sibling QQ climbed to second, with about 924 million MAUs. Messaging, e-commerce, utility, and video streaming apps occupied the most spots in the top 20 list. 

What makes WeChat so attractive to users?

WeChat is a multi-functional app beyond messaging and social networking. From mobile payment and taxi-hailing to making appointments and holiday planning, it provides almost everything to every mobile user in China. WeChat users are from various age groups from teenagers to old adults. In general, most WeChat users spent at least 10 minutes per day on the app. In fact, many companies also use this "super app" to advertise their brands, and its business version Wecom to communicate internally.

The promising future of short video apps

The rise of short video entertainment is another important trend in the world’s second most populous country, especially in rural regions. ByteDance’s Douyin, which TikTok was cloned from, is one of the key players in the Chinese short video arena. Founded in 2016, Douyin had overtaken its imminent rival Kuaishou (Kwai) as China’s top short video app within 4 years. As the demand for rural life live streaming has been accelerating, industry experts expected that Chinese short form video market would continue to grow to reach a total revenue of 420 billion yuan by 2024.

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Jun 19, 2025 | Key Economic Indicators

Gross domestic product (GDP) per capita is a measure of economic production, which takes the entire output of a national economy during a year and divides it by the population of that country. In the European Union, Luxembourg, Ireland, Denmark, the Netherlands, and Austria come out on top as the countries which produced the most per capita in 2024.

Europe's richest countries benefit from multinational companies

Many criticisms have been made of using GDP per capita as away to judge a country's economic wealth in recent years, as global capital flows have come to distort the statistics and to give a warped impression of different countries' wealth. This is most notably the case for Ireland and for Luxembourg, which while certainly high-income countries, have experienced dramatic booms in their GDP over the past two decades due to the accounting practices of the large multinational corporations which have their European headquarters in these member states, such as Facebook and Apple in Dublin, and Amazon in Luxembourg. 

Will the poorest countries converge towards the EU average? 

At the bottom of the list, two of the most recent member states of the EU, Romania and Bulgaria, come last in terms of GDP per capita. Whether these countries will be able to capitalize on their relatively low-wages to spur economic growth and experience the convergence towards the older member states of the union shown by countries such as Estonia, Czechia, and Lithuania, remains a pressing issue for these poorer member states.

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Jun 19, 2025 | Religion

Every year, the number of Italian believers attending religious services becomes lower and lower. In 2023, the number of people attending places of worship at least once per week dropped below ten million individuals for the first time since at least 2001, seven million worshipers less than in 2013. However, figures increased to 10.2 million in 2024 compared to 2023. In 2020, the most prayerful were the citizens aged over 75 years, whereas the lowest number of individuals attending religious services at least once a week was recorded in the age group between 18 and 19 years.

Religious affiliation of Italians

Although the dominant religion in Italy is Catholicism, Italian citizens also belong to other religious minorities. In 2020, the largest share of individuals not affiliated to the Roman Catholic Church were Muslims, followed by Jehovah’s Witnesses and Protestants. 

Reasons to leave religion

When asked about the reason they left the religion, 64 percent of the Italian respondents stated that they disagreed with their religion’s position on social issues. Another 60 percent of the interviewees were unhappy about scandals involving religious institutions, whereas six percent left the religion because they married someone outside the faith.

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Jun 23, 2025 | Electricity

South Africa led the solar electricity generation in Africa as of 2023. The country registered an output of some 6.4 terawatt hours. Egypt followed, with solar-generated electricity measured at roughly 4.5 terawatt hours.

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Jun 19, 2025 | Quick-Service & Casual Dining Restaurants

As of 2025, international fast food giants Subway and McDonald's were the quick service restaurant (QSR) brands with the highest number of locations across Australia, with over 1,240 Subway locations and over 1,050 McDonald's locations recorded. While the number of Nando's restaurants has been growing in some countries, such as England, where the brand is highly popular, the number of locations across Australia has flatlined over the past few years. Guzman y Gomez, on the other hand, witnessed a rise in store openings in Australia due to a growing appetite for Mexican food across the country. 

Will Wendy’s take Australia’s QSR market by storm?

Australia’s quick service restaurants (QSRs) are popular among consumers due to their convenient and affordable meal offerings served at a rapid pace. In 2023, the country’s fast food and takeaway food services revenue reached over 23 billion Australian dollars, marking the highest revenue recorded in the past decade. Large international fast food brands, such as McDonald’s and KFC, dominate Australia’s QSR landscape. Nonetheless, local brands, including Red Rooster, Pie Face, and Guzman y Gomez, also draw in many customers. With American fast food outlet Wendy’s opening its first store in the Australian marketplace in 2025, the country’s QSR market could become even more competitive, with the company set to open around 200 stores. In the coming years, taste, affordability, speed of service, variety of food, and collaboration with food delivery platforms will be pivotal to the success of QSRs across the country. 

Are Australian consumers’ appetite for fast food decreasing?

While fast food consumption remains high across Australia, many consumers are becoming more health-conscious and, as a result, are demanding more ‘healthy’ but convenient meals from fast food outlets. Therefore, QSRs providing healthier alternatives and diverse menus catering to the Australian population’s various dietary requirements, including plant-based, gluten-free, and low-fat, may find more success.

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