Browsing: Business

The United States and Ukraine have finalized a landmark agreement granting Washington preferential access to Kyiv’s natural resources in exchange for establishing a joint reconstruction investment fund. The deal, announced Wednesday, concludes months of challenging negotiations and marks a significant development in bilateral ties more than

Weekly jobless claims in the United States rose sharply to 241,000 for the week ending April 26, reflecting an increase of 18,000 from the prior week and exceeding expectations of 225,000. The figures, released by the U.S. Department of Labor, indicate the

Dubai Aerospace Enterprise (DAE) reported a net profit of US$85.8 million for the first quarter of 2025, representing a 26.5% increase from the US$67.8 million recorded during the same period in 2024. The company also noted a significant rise in profitability

Consumer confidence in the United States declined for the fifth consecutive month in April, dropping to its lowest level since May 2020. The Conference Board reported that its Consumer Confidence Index fell by 7.9 points to 86, reflecting mounting concerns among Americans

U.S. stocks posted strong gains on Thursday, driven by a rally in technology shares, even as uncertainty continued over potential progress in trade negotiations between the United States and China. The benchmark S&P 500 rose 1.4%, while the  Nasdaq Composite advanced 1.9%, bolstered by

Google has been found to hold illegal monopolies in online advertising markets, marking a significant antitrust ruling by a U.S. federal judge. The decision, issued Thursday by District Judge Leonie Brinkema in the Eastern District of Virginia, follows a September 2024

The transition to a circular economy is a critical factor in advancing sustainable development, increasing resource efficiency, and reducing environmental impact, according to a new report from the Organisation for Economic Co-operation and Development (OECD). The report, titled Circular Economy

The Central Bank of Egypt (CBE) announced on April 17, 2025, that it has reduced key interest rates by 225 basis points. The decision was made during a meeting of the CBE’s Monetary Policy Committee (MPC) as part of its scheduled policy

The global air cargo sector is projected to grow by 5.5 percent in 2025, according to the International Air Transport Association (IATA), outpacing the anticipated global GDP growth despite persistent economic and geopolitical uncertainties. Brendan Sullivan, IATA’s Global Head of Cargo, shared

Global semiconductor revenue reached $655.9 billion in 2024, marking a 21 percent increase from $542.1 billion in 2023, according to final figures released by market intelligence firm Gartner. The significant growth reflects rising investment in artificial intelligence infrastructure and a sharp