Oil prices rise as U.S. crude stocks drop, but gains stay limited
Oil prices edged higher on Wednesday, buoyed by a drop in U.S. crude inventories and an anticipated interest rate cut by the U.S. Federal Reserve....
Month : December 2024
FedEx plans to separate freight division into independent company
FedEx Corporation announced on December 19 its plan to spin off FedEx Freight into a separate publicly traded company, aiming to establish the largest less-than-truckload...
Nike CEO outlines growth strategy after declining revenue and profit
Nike CEO Elliott Hill outlined his strategic plan on Thursday to revive the company’s growth trajectory, attributing recent revenue and profit declines to excessive promotional...
Foreign visitors to Japan soar past 33 million from January to November
The number of foreign visitors to Japan has surpassed 33 million in the first 11 months of 2024, setting a new annual record, according to...
ADNOC L&S acquires 20 offshore assets in growth strategy
ADNOC Logistics & Services Plc (ADNOC L&S) has significantly expanded its offshore operations in 2024, acquiring 20 new offshore assets and securing contracts for 19...
OPEC Fund signs €50 million loan agreement with Montenegro
The OPEC Fund for International Development (OPEC Fund) has formalized its first collaboration with Montenegro, signing a €50 million loan agreement to bolster the nation’s...
DP World starts $1.2 billion port construction in Senegal’s Ndayane
DP World has commenced maritime construction on the $1.2 billion Port of Ndayane in Senegal, marking a pivotal step in establishing the country as a...
CBUAE gold reserves exceed AED23 billion by end of Q3 2024
The Central Bank of the United Arab Emirates (CBUAE) has reported a significant increase in its gold reserves, surpassing AED23 billion by the end of...
AT&T mandates full in-office work for employees starting January 2025
AT&T will require all office employees to work on-site five days a week starting January 2025, tightening its return-to-office policy. This change marks a departure...
Federal Reserve rate cut expected to influence Bitcoin’s trajectory
Bitcoin's historic rally paused after the cryptocurrency surpassed $108,000 for the first time, reflecting a mix of cautious optimism among traders as they anticipate key...