Browsing: Business

Mena Newswire, NEW DELHI: The United Nations has projected that India’s economic growth will moderate to 6.6 percent in 2026, easing from an estimated 7.4 percent in 2025, as higher trade tariffs imposed by the United States weigh on global

NEW YORK: The global economy is experiencing a period of subdued economic performance marked by weak momentum and limited expansion, according to the latest assessment by the United Nations. The organisation said current conditions reflect an environment in which economic

MENA Newswire, WASHINGTON: Job openings in the United States fell in November to their second-lowest level in nearly five years, indicating a continued cooling in the labor market as employers slowed hiring across several sectors. The U.S. Department of Labor

MENA Newswire, WASHINGTON: U.S. President Donald Trump announced a federal plan to prohibit large institutional investors from purchasing single-family homes, a policy move that aims to reshape ownership patterns in the American housing market. The announcement, made on Wednesday, immediately

EuroWire, BRUSSELS: Inflation across the euro zone eased to 2.0 percent in December, reaching the European Central Bank’s target and aligning with economists’ expectations, according to preliminary data released by Eurostat. The decline from November’s 2.1 percent reading underscores a

MENA Newswire, NEW YORK: Gold prices rose on Tuesday to their highest level in a week, supported by renewed expectations of an interest rate cut in the United States following remarks by officials at the Federal Reserve. The move marked

CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital asset sectors. The alert follows heightened geopolitical tension in South America, where the detention of

MENA Newswire, NEW YORK: Gold prices rose more than 1 percent on Monday, extending their recent gains as all major precious metals recorded strong performances at the start of the week. The rise marked a continuation of bullish momentum in

MENA Newswire, AUSTIN, Texas: Tesla Inc. reported 418,227 vehicle deliveries for the fourth quarter of 2025, marking a 16 percent decline from the 495,570 units delivered in the same period a year earlier. The result fell short of analyst expectations, reflecting

MENA Newswire, NEW YORK, December 30, 2025: Former U.S. Treasury official Geng Ngarmboonanant has cautioned that Americans should be increasingly concerned not only about the country’s rising national debt but also about the shifting composition of those who hold it.