News

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29 Oct 2024 18:47

Gulf Markets Mostly Rise on Strong Corporate Earnings

Daily News

In the Gulf region, stock markets closed mostly on a positive note today. Strong corporate earnings reports boosted investor confidence, while geopolitical concer...

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29 Oct 2024 18:47

Job Openings in the U.S. Fall to Lowest Level Since January 2021

Daily News

As a significant change, the U.S. labor market has shown signs of cooling, with job openings declining to their lowest level since January 2021. According to the ...

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29 Oct 2024 18:46

Georgia Begins Recounting Votes at Selected Polling Stations Amid Election Dispute

Daily News

Following a controversial parliamentary election in Georgia, the central election commission announced on Tuesday that a partial recount of the votes will take pl...

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29 Oct 2024 18:43

Fed May Consider Rate Cuts Following Decline in Job Openings

Daily News

Traders are anticipating a quarter-point reduction in short-term borrowing costs at the Federal Reserve's upcoming meeting, based on expectations set on Tuesday. ...

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29 Oct 2024 18:37

Economists Predict Fed Will Cut Rates in November and December

Daily News

According to a unanimous forecast from 111 economists, the Federal Reserve is expected to cut the key interest rate by 25 basis points on November 7 and by the sa...

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29 Oct 2024 18:36

Cruise Companies Reap High Returns from Private Islands

Daily News

Major cruise operators such as Royal Caribbean Group (NYSE:RCL), Carnival Corp (NYSE:CCL), and Norwegian Cruise Line Holdings (NYSE:NCLH) are making significant i...

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29 Oct 2024 18:35

EU Approves Tariffs on Chinese Electric Vehicles Following Investigation

Daily News

The European Union has officially decided to impose customs duties on Chinese-made electric vehicles (EVs) following an investigation that led to divisions within...

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29 Oct 2024 18:33

Xi Jinping Calls for Intensified Reform Efforts

Daily News

BEIJING - According to a report from the official Xinhua news agency on Tuesday, Chinese President Xi Jinping has urged senior provincial government officials to ...

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29 Oct 2024 18:31

EU Imposes Up to 45.3% Tariff on Electric Vehicles Imported from China

Daily News

The European Union has begun implementing new tariffs of up to 45.3% on electric vehicles (EVs) imported from China. This decision marks the outcome of the EU's a...

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29 Oct 2024 18:26

Macron Backs Morocco's Sovereignty Over Western Sahara

Daily News

In a significant diplomatic move, French President Emmanuel Macron expressed France's support for Morocco's sovereignty over the disputed Western Sahara region du...

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29 Oct 2024 18:25

Goldman Sachs and Morgan Stanley Anticipate Surge in Deal-Making Activities by 2025

Daily News

CEOs of Goldman Sachs and Morgan Stanley (NYSE:MS) stated that they expect an increase in corporate deal-making activities in 2025. Both leaders shared their fore...

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29 Oct 2024 18:24

"Executives Depart as Netflix Searches for New Global Relations Manager"

Daily News

Netflix Inc. (NASDAQ:NFLX) has announced that Dean Garfield, Vice President of Global Public Policy, and Rachel Whetstone, Communication Director, will be leaving...

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29 Oct 2024 18:14

UK Minimum Wage to Rise by 6.7% in April

Daily News

In a move that will affect approximately 3 million workers, the UK government has announced a 6.7% increase in the minimum wage for most adults starting in April ...

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29 Oct 2024 18:13

Intel's CEO Faces Challenges in the Semiconductor Industry Recovery

Daily News

Intel (NASDAQ:INTC) Corporation's CEO Pat Gelsinger has faced significant challenges in revitalizing the semiconductor giant since taking office three years ago. ...

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29 Oct 2024 18:10

Trump and Harris Diverge on U.S. Energy Policy Ahead of Elections

Daily News

As the United States prepares for the presidential election next Tuesday, the energy policies of Republican Donald Trump and Democrat Kamala Harris present a shar...

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29 Oct 2024 18:08

Israel's Military Chief Warns of Stronger Response to Future Iranian Attacks

Daily News

The Chief of Staff of the Israeli Defense Forces, Herzi Halevi, issued a stern warning to Iran on Tuesday. Halevi cautioned that if Iran chooses to retaliate agai...

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29 Oct 2024 18:05

Former CEO Convicted in $4 Billion Fake Bid Fraud Against Getty

Daily News

Scott Murray, the former CEO of publicly traded companies including Stream Global Services and 3Com, has been sentenced to 10 months in prison for securities frau...

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29 Oct 2024 17:44

Corning's Q4 Outlook is Positive, Stocks Rise

Daily News

Corning Incorporated, known as the manufacturer of Gorilla Glass, has projected a stronger-than-expected profit for the fourth quarter, attributing this positive ...

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29 Oct 2024 17:43

OpenAI to Collaborate with Broadcom and TSMC on Its First AI Chip Production

Daily News

OpenAI, known for its ChatGPT technology, is collaborating with Broadcom Inc. (NASDAQ:AVGO) and Taiwan Semiconductor Manufacturing Company (TSMC) to create its fi...

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29 Oct 2024 17:43

Boeing Accused of Overcharging the Air Force

Daily News

The Department of Defense Office of Inspector General has accused Boeing of significantly overcharging the Air Force for C-17 aircraft spare parts. Among these al...

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29 Oct 2024 16:04

Saudi Wealth Fund Cuts Foreign Investments to Support Local Economy

Daily News

Saudi Arabia’s Public Investment Fund (PIF) is preparing to reduce its foreign investments by approximately one-third, according to fund manager Yasir Al-Rumayyan...

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