Browsing: Business

Apple announced a multiyear chip agreement with Broadcom valued at more than $30 billion. The deal covers custom silicon parts and wireless connectivity technology for Apple products. Apple said the agreement will produce more than 15 billion U.S.-made chips. It

WASHINGTON, D.C. / Content Syndication Services / – The International Finance Corporation priced a $2 billion five-year US dollar green benchmark bond, opening its fiscal-year dollar funding with a deal tied to private-sector development and job creation in developing countries.

Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a barrel. Brent added $2.17 for the session. WTI rose $1.89. Trading later extended gains after

Wall Street closed higher Monday as chip and artificial intelligence stocks led gains in major U.S. indexes. The S&P 500 rose 0.72% to 7,537.43. The Nasdaq Composite advanced 1.12% to 26,121.16. The Dow Jones Industrial Average added 0.29% to 53,055.91,

The U.S. dollar moved lower on Friday after June employment data showed slower job growth in the United States. The dollar index, which tracks the currency against six major peers, traded near 100.70 in Asia. It fell about 0.2 percent

Gold prices fell to a seven-month low on Wednesday as a stronger dollar and firmer U.S. Treasury yields pressured bullion. Spot gold dropped 1% to $3,964.97 an ounce after touching $3,942.99 in the previous session. That marked its lowest level

The S&P 500 and Nasdaq Composite closed the second quarter with their strongest quarterly gains since 2020, extending a broad U.S. stock market advance through the final trading day of June. The S&P 500 gained 14.9 percent for the quarter,

The World Bank Group said the Middle East, North Africa, Afghanistan and Pakistan region needs higher investment in water-efficient irrigation and agricultural innovation to strengthen food security. Its new report, Building Food Security, Creating Jobs, links food systems, nutrition, water

The European Investment Bank and Airbus have signed a first €1 billion loan to support aerospace research and development in Europe. The loan forms part of a wider €3 billion financing envelope for Airbus. The package supports work in commercial

U.S. stock indices closed higher on Monday, as Wall Street recovered from recent losses and technology shares led a broad market advance. The Dow Jones Industrial Average rose 306.63 points, or 0.59 percent, to 52,182.74. The S&P 500 gained 86.41