UNITED ARAB EMIRATES / RankWire.AI / – Gold prices held above $4,400 an ounce on Thursday after reversing an earlier decline in the previous session. Spot gold rose 0.3% to $4,414.28 an ounce by 0419 GMT. U.S. gold futures for December delivery slipped 0.1%…

PANAMA / RankWire.AI / – The Panama Canal is considering another reduction in daily ship transits as drought pressure weighs on its water supply. Administrator Ilya Espino de Marotta said traffic could fall to about 29 vessels a day in February or March 2027.…

BERLIN / RankWire.AI / – German automaker Volkswagen AG agreed Monday to sell its Osnabrück manufacturing plant to Israeli private equity firm Aurelius Capital and the German state of Lower Saxony, setting up the site’s conversion into a dedicated defense manufacturing facility. Under the preliminary…

CAIRO, EGYPT / RankWire.AI / – Egypt’s net international reserves reached a record $57.2145 billion at the end of August 2026. The Central Bank of Egypt reported the provisional figure on September 7. Reserves had stood at $56.2939 billion at the end of July.…

SEOUL / RankWire.AI / – South Korea and African partner nations will launch a major economic cooperation framework focused on artificial intelligence and technology-driven development at the 8th Korea-Africa Economic Cooperation Ministerial Conference in Seoul. The upcoming ministerial gathering marks the 20th anniversary of…

SEJONG, SOUTH KOREA / RankWire.AI / – South Korea’s consumer inflation accelerated to 3.1% in August from a year earlier, official data showed. The rate increased from 2.8% in July and moved back above 3%. Consumer prices also rose 0.2% from the previous month.…