Browsing: Business
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S. Treasury, completing the repayment by the end of December 2025, according to statements from
WASHINGTON: U.S. President Donald Trump said the United States would impose a 25 percent tariff on goods imported from any country that continues commercial dealings with Iran, a sweeping declaration delivered without a signed executive order, published legal framework, or
MENA Newswire, ABU DHABI: The World Bank has forecast that the United Arab Emirates economy will grow by 5 percent in 2026 and 5.1 percent in 2027, positioning the country among the fastest growing economies in the Middle East and
MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among a small group of companies to reach that valuation threshold. The
MENA Newswire, NEW YORK: U.S. stock indexes ended Monday at record closing highs, with the Dow Jones Industrial Average and the S&P 500 posting modest gains, as investors balanced strength in select corporate shares against heightened political pressure on the
MENA Newswire, SAN FRANCISCO: Apple has entered into a multi year agreement with Google to integrate Google’s Gemini artificial intelligence models into Siri, marking one of the most significant partnerships between the two technology companies in recent years and a
NEW YORK: Credit card lenders and payments companies slid in U.S. trading after President Donald Trump publicly backed a proposal to impose a one year cap of 10 percent on credit card interest rates, a move that immediately unsettled financial
MENA Newswire, CAIRO: Egypt’s annual core inflation rate declined to 11.8 percent in December, marking a continued slowdown in underlying price pressures, according to data released by the Central Bank of Egypt. The reading was down from 12.5 percent recorded
WASHINGTON: Senior executives from the largest U.S. oil companies have told President Donald Trump that they are not prepared to make firm investment commitments in Venezuela, underscoring continued caution toward the country’s energy sector despite renewed outreach from the White
MENA Newswire, SAN FRANCISCO: OpenAI and SoftBank Group announced a joint investment of $1 billion in SB Energy, expanding a large-scale effort to build power and data center infrastructure to support artificial intelligence computing in the United States. The investment forms
