Euro zone economic sentiment weakens amid consumer confidence drop
European markets fell Wednesday after EU economic sentiment data showed declines, raising growth concerns. Shell shares dropped 2.2% following lower LNG and chemicals forecasts....
Month : January 2025
Treasury yields rise as markets await Fed minutes and jobs data
U.S. Treasury yields rose Wednesday as investors awaited labor data and Fed minutes, focusing on interest rate outlook amid economic strength and inflation expectations....
Mubadala Abu Dhabi Open confirms Elena Rybakina’s return to defend title
Elena Rybakina returns to defend her title at the Mubadala Abu Dhabi Open, leading a star-studded lineup including Daria Kasatkina and Belinda Bencic from February...
ADNOC L&S completes $1.04 billion acquisition of 80% stake in Navig8
ADNOC L&S completes an $1.04 billion acquisition of 80% of Navig8, strengthening its global maritime logistics footprint and setting plans to acquire the remaining stake...
Egypt welcomes 15.7 million tourists in 2024 despite regional challenges
Egypt welcomed 15.7 million tourists in 2024, achieving record growth despite regional challenges, with plans for expansion including 40,000 new hotel rooms and investment initiatives....
U.S. stock futures extend gains as Nvidia shares hit new highs
U.S. stock futures extended gains for the third day, led by Nvidia’s rise after launching new chips. Analysts expect volatility ahead as investors await key...
Tencent and CATL shares drop amid U.S. military ties allegations
Chinese stocks face mounting pressure as Tencent and CATL shares fall following U.S. military ties allegations, raising global investor concerns over market stability and economic...
Nvidia launches desktop AI supercomputer for developers and researchers
Nvidia unveils Project Digits, a compact desktop AI supercomputer featuring the GB10 Superchip, providing high-performance computing for AI developers, researchers, and students at CES 2025....
Oil prices fall 1 percent amid weak economic data from US and Germany
Oil prices fell 1% amid weak economic data from the US and Germany, reversing recent gains driven by a weaker dollar and surging winter demand...
Dow jumps 351 points as chip stocks rally following Foxconn revenue report
U.S. stocks rallied Monday, with the Dow up 351 points and Nasdaq gaining 1.8% as chipmakers surged following Foxconn’s record revenue. Investors await economic data...