Guides & Analytics
US economy slows to 1.6% in Q1 of ’24 – BEA
The US economy grew at a sluggish 1.6 per cent annual rate in the first quarter of 2024.
EMX appoints Al-Jarahi as deputy chairman
The Egyptian Mercantile Exchange (EMX) has appointed Hossam Ahmed Al-Jarahi as deputy of the authority's board of directors.
Embracing renewables: the economic upswing of green energy ‘24
For many years, the world’s economy has been driven by fossil fuels such as coal, oil, and natural gas; however, a shift in this story is taking place.
Polish central bank records $5b loss in ’23
The National Bank of Poland (NBP) reported a loss of 20.8 billion zlotys ($5.2 billion) in 2023, a significant increase from the previous year's loss of 16.9 billion…
Volkswagen vows to hold ground in China’s EV price war
Volkswagen, facing intense competition in China's electric vehicle (EV) market, is setting a target to maintain its current market share of around 15 per cent until…
US core capital goods orders slightly up in March
US core capital goods orders saw a moderate increase in new orders in March, with revised data from the previous month suggesting a slower pace of business spending…
IEA: Russia eyes 5% gas output surge in ’24
The International Energy Agency (IEA) has adjusted its forecast for Russian gas production in 2024, predicting a five per cent increase to 670 billion cubic meters…
US mortgage rates hit highest level in 5m – MBA weekly survey
Mortgage rates in the US surged to their highest point in five months, leading to a decline in home-purchase applications for the fifth time in the past six weeks