Euro zone economic sentiment weakens amid consumer confidence drop
European markets turned lower on Wednesday following the release of preliminary data indicating a decline in economic sentiment across the euro zone in December. The...
Month : January 2025
Treasury yields rise as markets await Fed minutes and jobs data
U.S. Treasury yields edged higher early Wednesday as investors awaited key labor market data and the release of minutes from the Federal Reserve’s December meeting....
Mubadala Abu Dhabi Open confirms Elena Rybakina’s return to defend title
The Mubadala Abu Dhabi Open, a WTA 500 tennis tournament, has confirmed the return of reigning champion Elena Rybakina for its third edition, scheduled to...
ADNOC L&S completes $1.04 billion acquisition of 80% stake in Navig8
ADNOC Logistics and Services plc (ADNOC L&S) has finalized the acquisition of an 80% stake in Navig8 TopCo Holdings Inc. (Navig8) for $1.04 billion (AED...
Egypt welcomes 15.7 million tourists in 2024 despite regional challenges
Egypt welcomed 15.7 million tourists in 2024, achieving a record for inbound tourism despite ongoing geopolitical challenges in the region, according to Sherif Fathy, Minister...
U.S. stock futures extend gains as Nvidia shares hit new highs
U.S. stock futures advanced for the third consecutive session on Tuesday, led by gains in technology shares, particularly Nvidia. Futures linked to the S&P 500...
Tencent and CATL shares drop amid U.S. military ties allegations
Chinese stocks face mounting challenges despite initial optimism fueled by strong corporate performance and hopes for government stimulus. Major firms like Tencent and Contemporary Amperex...
Nvidia launches desktop AI supercomputer for developers and researchers
Nvidia has introduced a compact AI supercomputer designed for desktops, aiming to provide advanced artificial intelligence capabilities to developers, researchers, and students. Unveiled by Nvidia...
Oil prices fall 1 percent amid weak economic data from US and Germany
Oil prices fell by approximately 1% on Monday during volatile trading, following weak economic data from the United States and Germany. The decline ended a...
Dow jumps 351 points as chip stocks rally following Foxconn revenue report
U.S. stocks surged on Monday, rebounding from last week’s declines as gains in semiconductor stocks led the rally. The Dow Jones Industrial Average rose 351...