- February 5th, 2025
Saudi Arabia's ongoing efforts to transform itself into a top-tier tourism destination received a significant boost through recent advancements in the Red Sea and Amaala projects. Spearheaded by Red Sea Global, a company wholly owned by the Saudi Public Investment...
COP29 Negotiators Celebrate Early Climate Funding Boost: $120 Billion for Developing Nations by 2030
The COP29 climate summit began on a hopeful note this week as leading global development banks pledged to significantly increase climate financing for poorer and middle-income nations, boosting the financial resources for countries struggling with the devastating impacts of global...
Oil prices have stabilized near their lowest point this month as the global energy market grapples with demand uncertainty, primarily due to a slowdown in China’s economic growth. Brent crude recently traded around $72 per barrel, while West Texas Intermediate...
Global markets react to U.S. inflation concerns, rising bond yields, and shifting economic outlook Asian stock markets took a downturn on Wednesday, reflecting a dip in U.S. equities as momentum from the so-called "Trump trade" — the stock market surge...
India’s most anticipated initial public offerings (IPO) of the year, shares of Swiggy, the country's prominent food and grocery delivery company, debuted with a 7.7% increase on Wednesday. The company’s stock opened at 420 rupees ($4.98) per share on the...
The U.S. pay-TV landscape, DirecTV announced it will terminate its planned acquisition of Dish Network Corporation if Dish bondholders don’t agree to a critical debt exchange within the next 10 days. The deadline for the deal's survival is fast approaching,...
In financial markets on Wednesday, the U.S. dollar held close to a six-and-a-half-month peak against other major global currencies, buoyed by investors’ anticipation of the economic policies expected under President-elect Donald Trump’s administration. Bitcoin, meanwhile, maintained a strong position just...
Japan’s automotive industry into the spotlight, Nissan Motor Co. finds itself battling significant challenges as a recent, steep decline in performance has attracted the attention of prominent activist investor Effissimo Capital Management Pte. The Singapore-based hedge fund, known for aggressively...
Tokyo, Hong Kong, and Sydney see declines as investors brace for key inflation data that could impact Fed policy; regional economic concerns and geopolitical tensions weigh on market sentiment Asian stock markets opened on a downtrend early Wednesday, marking a...
The American home improvement giant, Home Depot (NYSE: HD), is experiencing a substantial slowdown, mirroring a trend across many major U.S. retailers, particularly those in the home goods sector. The Atlanta-based company recently released its third-quarter earnings report for 2024,...
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