India, UAE boost cooperation with deals on energy and tech
India and the UAE today signed major agreements in nuclear energy, petroleum, and advanced technologies, reinforcing the Comprehensive Strategic Partnership between the two nations....
Category : Business
Moscow records 14.7% growth in BRICS trade for first half of 2024
Moscow’s trade with BRICS nations surged by 14.7% in early 2024, highlighting the city’s growing economic partnerships across key industries like microelectronics and agriculture....
Saudi Arabia’s non-oil activity rises 4.9%, driven by finance and insurance
Saudi Arabia’s non-oil economy grew 4.9% in Q2 2024, powered by financial and insurance gains, supporting the Kingdom’s Vision 2030 focus on reducing oil dependence....
Russia increases daily gold purchases by $92 million
Russia has increased its daily gold purchases by 700%, allocating 8.2 billion rubles per day from September 6 to October 4, according to the country’s...
Mortgage rates fuel housing demand but Autumn Budget poses risk
UK house prices have risen 4.3% annually, with analysts warning that potential changes in the Autumn Budget could impact further growth, particularly if taxes increase....
Labor demand cools as U.S. job openings hit lowest since January 2021
The U.S. labor market saw job openings dip to a 30-month low in July, suggesting further cooling as economists closely watch the Federal Reserve....
China retaliates against Canada with canola investigation amid EV dispute
In a tit-for-tat response to Canada’s EV tariffs, China has begun investigating Canadian canola imports, threatening to exacerbate trade tensions between the two nations....
Oil prices fall as OPEC+ considers October production increase
Oil prices dropped as insider reports revealed OPEC+ might increase production in October, countering Libya's significant output losses....
July sees Japan’s industrial production rise 2.8% on chip demand
Japan's industrial output rose 2.8% in July, driven by increased semiconductor and electrical device production amid growing global demand....
Saudi Arabia’s FDI stock surges to $215 billion in 2023
Saudi Arabia's strategic reforms lead to a $215 billion FDI, positioning it as a top global investment destination....