Browsing: Business

ABU DHABI, October 1, 2025: The Comprehensive Economic Partnership Agreement between the United Arab Emirates (UAE) and Australia formally entered into force on Wednesday, initiating a significant expansion of bilateral trade and investment frameworks between the two economies. The agreement,

Gold prices soared to historic levels on Monday, crossing US$3,750 per ounce for the first time, as investors weighed the outlook for U.S. interest rates and awaited a key speech from Federal Reserve Chair Jerome Powell. The surge extended a

Artificial intelligence is expected to significantly accelerate global trade over the next 15 years, with the World Trade Organization (WTO) projecting an increase in global trade of goods and services by nearly 40 percent by 2040. The forecast, published in

Bitcoin fell sharply on August 26, dropping below $110,000 for the first time in over six weeks, as a broader sell-off gripped global cryptocurrency markets. The decline was accompanied by a wave of liquidations and substantial outflows from digital asset

Concerns over a potential artificial intelligence investment bubble intensified Monday as leading financial institutions, market analysts and economic observers pointed to overstretched valuations, declining momentum and underwhelming returns from AI-related ventures. A convergence of new reports and market trends has

Shares of Puma SE surged on Monday after reports emerged that the Pinault family is considering a sale of its 29 percent stake in the German sportswear company through its holding company Artémis. The development drove Puma’s stock up more

Keurig Dr Pepper, a U.S. beverage and coffeemaker company with dual headquarters in Burlington, Massachusetts, and Frisco, Texas, has reached a definitive agreement to acquire Dutch coffee and tea producer JDE Peet’s for approximately €15.7 billion (about $18 billion). The

U.S. President Donald Trump announced that the United States is conducting a formal investigation into furniture imports, signaling plans to impose new tariffs on the sector before the end of the year. The announcement was made via Trump’s social media

The United States government has acquired a 10 percent equity stake in Intel Corporation, President Donald Trump announced Friday, signaling a dramatic escalation of federal intervention in the private sector. The deal, converting nearly $9 billion in subsidies and grants

U.S. stocks surged on Thursday, August 22, 2025, with the Dow Jones Industrial Average jumping more than 800 points to close at a record high, as Federal Reserve Chair Jerome Powell signaled openness to cutting interest rates during his speech