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Business
Federal Reserve signals potential rate cuts, boosting S&P 500 sectors
The S&P 500 rebounded in August after a rocky start, ending the month with a 2.3% gain. This marked a reversal…
China’s growth prospects dim as manufacturing weakness persists
China’s economic foundations are under intense strain as key sectors struggle to maintain momentum. Factory…
PM Modi lays foundation stone for India’s largest deep-water port
India is set to unveil its largest deep-water port, Vadhvan, in Maharashtra on Friday, with Prime Minister Narendra…
Air cargo sees 13.6% rise in demand for July, IATA reports
The International Air Transport Association (IATA) reported a significant rise in global air cargo demand for July…
Berkshire Hathaway joins $1 trillion club, a first for non-tech U.S. firms
Warren Buffett’s Berkshire Hathaway reached a significant milestone on Wednesday, becoming the first U.S. company…
Saudi Arabia’s FDI stock surges to $215 billion in 2023
Saudi Arabia’s Foreign Direct Investment (FDI) has experienced significant growth, reaching nearly $215 billion in…
Lego expands market share with innovative offerings
Lego announced a robust 13% revenue increase for the first half of 2024, reaching 31 billion Danish krone…
Investors watch Nvidia closely amid earnings release
Global stock markets saw modest gains today, with Nvidia Corp. at the center of attention as it approaches a…
EU records €40.4 billion trade surplus, continuing positive trend into Q2 2024
In the second quarter of 2024, the European Union registered a trade surplus of €40.4 billion in goods, marking a…
Oil remains vital in electrification efforts, OPEC confirms
In a statement released Wednesday, Haitham Al Ghais, the Secretary-General of OPEC, addressed common misconceptions…