Browsing: Business

ABU DHABI, October 1, 2025: The Comprehensive Economic Partnership Agreement between the United Arab Emirates (UAE) and Australia formally entered into force on Wednesday, initiating a significant expansion of bilateral trade and investment frameworks between the two economies. The agreement,

Gold prices soared to historic levels on Monday, crossing US$3,750 per ounce for the first time, as investors weighed the outlook for U.S. interest rates and awaited a key speech from Federal Reserve Chair Jerome Powell. The surge extended a

Artificial intelligence is expected to significantly accelerate global trade over the next 15 years, with the World Trade Organization (WTO) projecting an increase in global trade of goods and services by nearly 40 percent by 2040. The forecast, published in

U.S. President Donald Trump announced that the United States is conducting a formal investigation into furniture imports, signaling plans to impose new tariffs on the sector before the end of the year. The announcement was made via Trump’s social media

The United States government has acquired a 10 percent equity stake in Intel Corporation, President Donald Trump announced Friday, signaling a dramatic escalation of federal intervention in the private sector. The deal, converting nearly $9 billion in subsidies and grants

U.S. stocks surged on Thursday, August 22, 2025, with the Dow Jones Industrial Average jumping more than 800 points to close at a record high, as Federal Reserve Chair Jerome Powell signaled openness to cutting interest rates during his speech

Equinor has pulled out of a $10 billion offshore wind farm project off the coast of New South Wales, Australia, dealing a major setback to the country’s renewable energy ambitions. The Norwegian energy company confirmed on Friday it will not

Germany’s economy shrank by 0.3 percent in the second quarter of 2025 compared with the previous three months, according to revised data from the Federal Statistical Office. The contraction was sharper than the initial estimate of a 0.1 percent decline

Shares in British travel retailer WH Smith plummeted 42 percent on Thursday after the company revealed a £30 million accounting error in its North American division, triggering its sharpest single-day decline on record and wiping nearly £600 million off its

The United States and the European Union have announced a new Framework on an Agreement on Reciprocal, Fair, and Balanced Trade, establishing a structured path to resolve long-standing trade disputes and expand transatlantic economic cooperation. The framework, which is not