Economic

US Retailers Face Pressure as Trump’s Tariffs Spark Price Hikes

Major US retailers, including Walmart and Adidas, are bracing for impact as President Donald Trump's proposed tariffs on Chinese imports threaten to disrupt the...

BYD Slashes Prices Across Product Range

Chinese electric vehicle giant BYD has reduced prices across its product line, with its entry-level Seagull hatchback model now starting at $9,700. This strategic...

Salesforce Acquires Informatics in $8 Billion Deal to Boost AI and Data Infrastructure

Salesforce has announced its acquisition of cloud data management firm Informatica in an $8 billion equity deal, marking a significant move to strengthen its...

African Development Bank Downgrades Economic Growth Projections for Africa

The African Development Bank (AfDB) has revised its economic growth forecasts for Africa, projection a slowdown in the continent economic expansion.  According to the bank's...

Breaking News: Jio BlackRock Gets SEBI Nod to Launch Mutual Fund Operations

Mumbai, India - In a significant development, Jio BlackRock Asset Management has received the green light from the Securities and Exchange Board of India...

UK Inflation Drops, Paving Way for Interest Rate Cuts

London, UK -  The UK's inflation rate has fallen to 1.7%, below the Bank of England's 2% target, sparking widespread speculation about potential interest rate...

Global gold markets expect a special  growth rate from 2025 to 2033

Gold prices have seen significant fluctuations in recent years, influenced by various economic and geopolitical factors. As of the last quarter of 2024, the...

DP World to Develop Al Rawdah Special Economic Zone in Oman

In a significant move to expand its presence in the Middle East, DP World, a leading global provider of logistics and supply chain solutions,...

Qatar Airways’ Profit Soars to $2.1 Billion, Driven by Strategic Investments

Qatar Airways has announced a record-breaking 28% increase in annual net profit, reaching $2.1 billion for the 2024 financial year ended March 31. This...

Nippon Steel to Invest $14 Billion in US Steel Operations as Part of Merger Deal

Nippon Steel has announced plans to invest a substantial $14 billion in US Steel's operations as part of a proposed merger deal. This significant...

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