Browsing Category
Business
Economic milestone – UAE and Costa Rica sign key accord
In a significant development aimed at bolstering economic ties between nations, President Sheikh Mohamed bin Zayed Al Nahyan of the United Arab Emirates (UAE), and Rodrigo Chaves…
Geopolitical heat ignites gold surge; analysts express optimism
Gold and silver investors might be eyeing a potential windfall this week as tensions escalate in the Middle East, according to financial analyst Peter Spina, who heads investor…
Market rally – Adidas shares jump 8% on brightened outlook
In a surprising turn of events, Adidas witnessed an 8.2% surge in its shares on Wednesday, propelled by the company’s unforeseen elevation of its full-year guidance coupled with a…
Bitcoin’s rollercoaster ride with halving event approaching
Bitcoin’s trajectory resembles a turbulent rollercoaster ride as the looming prospect of the Bitcoin “halving” event casts a shadow over the market. Following Hong Kong’s green…
Microsoft’s $1.5 billion boost drives G42 and AI partnership globally
In a move set to galvanize the landscape of artificial intelligence (AI) development, Microsoft has announced a hefty $1.5 billion investment in G42, the foremost AI technology…
Bitcoin’s $62K dive sparks exodus amid market mayhem
In a swift and tumultuous turn of events, the cryptocurrency market witnessed a significant downturn on Friday evening, followed by another violent plunge on Saturday. This…
Senate’s push for stablecoin regulation reform intensifies
Senator Kirsten Gillibrand announced plans to unveil new legislation aimed at regulating stablecoins, a move anticipated to occur as early as this week. Speaking at the Bitcoin…
ADB projects India’s economy to grow steadily by 7% in FY2024
The Asian Development Bank (ADB) has revised its projection for India’s gross domestic product (GDP) growth in the fiscal year (FY) 2024, anticipating a solid expansion of 7%. This…
OPEC predicts 2.25 million bpd surge in global oil demand
The Organisation of the Petroleum Exporting Countries (OPEC) announced Thursday that it anticipates a surge in world oil demand, projecting an increase of 2.25 million barrels per…
Fast-food giant McDonald’s buys out entire Israel franchise
McDonald’s Corporation has inked a deal to acquire all 225 outlets of its Israel franchise, the American fast-food giant announced. This move comes in response to a significant…