Stockholm: Swedish furniture giant Ikea reported Thursday a one-percent drop in sales for its 2024-2025 fiscal year, due to its price reductions and...
Stockholm: Swedish furniture giant Ikea reported Thursday a one-percent drop in sales for its 2024-2025 fiscal year, due to its price reductions and...
Zurich: Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, announced Thursday plans to cut 16,000 jobs worldwide over...
Washington: The International Monetary Fund (IMF) has raised its global economic growth forecast for 2025 to 3.2 percent, an increase of 0.2 percentage...
Vienna: The Organization of the Petroleum Exporting Countries (OPEC) on Monday maintained its relatively high forecast for global oil demand growth for this...
Doha: The Qatar National Bank (QNB) predicted that the US economy could grow an above consensus 2% this year, on the back of...
Gold surged past $4,000 per ounce for the first time late Monday, then again on Tuesday morning, extending a rally that has lifted...
Singapore: Gold surged past $3,900 an ounce for the first time on Monday, driven by safe-haven demand amid a US government shutdown, alongside...
New York: Oil prices closed lower on Thursday, with both benchmark crude contracts falling by nearly 2% amid ongoing market volatility. Brent crude...
New York: The US Energy Information Administration (EIA) announced a rise in US crude oil, gasoline, and distillate inventories last week. The EIA,...
Hong Kong: Goldhit a record high and Wall Street futures fell with the dollar on Wednesday as the US government shut down after...
Singapore: Gold prices rose further to hit a fresh high on Tuesday and were poised for their best month in 14 years, as...
New York: US pharmaceutical giant Pfizer will acquire Metsera, a maker of drugs for obesity and heart disease, for $4.9 billion, the companies...
Colorado Springs, Colorado, USA: TeKnowledge today announced the launch of its new AI-Ready Security Suite, a unique managed security offering built from the...
Frankfurt,Germany: Germansports car maker Porsche said Friday that it would dramatically slow its shift to electric vehicles amid weak demand, prompting parent company...
New York: US chip giant Nvidia will invest $5 billion in semi-conductor maker Intel for joint development projects, the companies said in a...
The cooling frenzy over Labubu dolls has brought one of the world’s biggest stock rallies to a halt, erasing billions of dollars from...
Doha, Qatar: The Middle East is racing to the front of the global hydrogen economy, with Gulf states leveraging ultra-low-cost renewables, world-class infrastructure,...
US auto safety regulators opened an investigation into whether some Tesla Inc. vehicle doors are defective, citing incidents in which exterior handles stopped...
