Markets

Oil prices surged on Friday amid rising geopolitical tensions in the Middle East, pushing fuel costs higher and renewing concerns about inflationary pressures in global markets. Brent crude jumped 3.4% to $92.40 per barrel, while West Texas Intermediate (WTI) increased...

Global equity markets posted strong gains on Friday following a U.S. labor report that showed signs of a cooling job market, bolstering hopes that the Federal Reserve could initiate rate cuts later this year. The U.S. economy added 172,000 jobs...

Gold held its ground on Wednesday while Bitcoin fell sharply, as the U.S. dollar continued to strengthen ahead of a key U.S. jobs report due Friday that could shape the Federal Reserve’s next interest rate move. Spot gold hovered around...

Global investment in artificial intelligence (AI) companies surged in the second quarter of 2025, with startups in the United States and United Arab Emirates (UAE) leading a wave of capital inflows that continues to reshape the tech and finance sectors....

Asian equity markets rallied on Wednesday as investor optimism rose over fresh economic stimulus from China, even as new data highlighted persistent weaknesses in the world’s second-largest economy. The Hang Seng Index jumped 1.8%, and the Shanghai Composite gained 0.9%...

Inflation across the eurozone cooled more than expected in June, giving the European Central Bank (ECB) additional breathing room to maintain its cautious stance after its historic rate hike cycle over the past two years. According to preliminary data from...

Global oil prices climbed sharply on Wednesday after OPEC+ announced an extension of voluntary production cuts through Q3 2025, intensifying fears that energy-driven inflation may reemerge in major economies. Brent crude rose by 2.1% to $89.80 per barrel, while West...

Global stock markets saw mixed performance on Wednesday as investors digested hawkish signals from the U.S. Federal Reserve, renewed inflation concerns, and cautious economic data from Europe and Asia. The S&P 500 and Dow Jones Industrial Average closed slightly lower,...

Former US President Donald Trump has renewed his attacks on the Federal Reserve, calling for its chair, Jerome Powell, to resign immediately in a fresh outburst that escalates long-running tensions between the former president and the nation’s central bank. Taking...

Global ingredient solutions leader Ingredion, Inc. has announced a major investment of $100 million to upgrade its manufacturing facility in Indianapolis, reinforcing its position as a key supplier of specialty starch-based texturizers for customers around the world. Valdirene Evans, senior...

In a remarkable step forward for fleet safety in the utilities sector, leading wastewater services provider Cappagh Browne has achieved a dramatic 95% reduction in dangerous driving behaviours within just one week, thanks to the deployment of Samsara’s Connected Operations®...

A growing number of small businesses across the UK say they are being crippled by “grossly inflated” costs for basic phone equipment rented on lengthy finance contracts — deals that some business owners claim were mis-sold and have left them...

China’s Guangdong Province has stepped up its international outreach with the official launch of four new international communication platforms designed to bridge cultural gaps and bring the province closer to audiences worldwide. At a launch event held on July 2,...

In a significant step to strengthen its partnership with the Sultanate of Oman, the World Bank Group (WBG) has appointed Wendy Werner as its first Country Manager for Oman. This milestone move comes alongside the opening of a new World...

A new global progress report on Sustainable Development Goal 7 — ensuring access to affordable, reliable, sustainable, and modern energy for all — has sounded the alarm that the world remains off track to achieve universal energy access by 2030....