Browsing: Featured News
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
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,
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
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
The United States Federal Reserve Board has announced the withdrawal of previous guidance that restricted banks from participating in cryptocurrency-related activities without prior approval. The move, made official on Thursday, signals a shift towards a more flexible regulatory environment, aligning
Emirates and flydubai have jointly carried over five million passengers in 2024, marking a significant 36 percent increase compared to the previous year. The achievement highlights the success of their strategic partnership, which has been in operation since 2017, and
The European Parliament’s Industry, Research and Energy Committee has adopted a draft law to extend and revise the European Union’s gas storage framework, introducing more flexible rules to help reduce market pressure and lower gas prices. The initiative, supported on
More than 3,700 people have lost their lives and nearly 5,100 have been injured following two powerful earthquakes that struck Myanmar, according to the World Health Organization (WHO). In addition, 114 individuals remain missing, and tens of thousands have been
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
U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for delaying interest rate cuts. Trump’s comments, made both online and in the Oval Office, follow