US to widen sanctions on semiconductor sales to Russia
The US government plans to announce wider sanctions targeting semiconductor chip sales and other goods to Russia,…
Asian shares fall ahead of key US data
Asian shares were subdued on Wednesday as investors awaited key US inflation data and the Federal Reserve policy…
World Bank raises global growth forecast
The World Bank revised its global economic outlook upwards, now projecting a 2.6 per cent expansion in 2024,…
Enersol acquires majority stake in Gordon
Enersol, ADNOC Drilling Company and Alpha Dhabi Holding joint venture has agreed to acquire an additional 42.206…
OPEC+ forecasts robust global oil demand
OPEC+ reaffirmed its prediction of robust global oil demand growth for 2024, despite lower first-quarter usage,…
US small business confidence up – NFIB
US small businesses are showing tentative signs of optimism.
Egypt’s banks off from June 16 to 23
The Central Bank of Egypt (CBE) announced on Tuesday a suspension of banking operations across the country in…
General Motors announces new $6b share buyback plan
General Motors (GM) announced a new $6 billion stock repurchase plan on Tuesday.
China’s carbon prices decline on Tuesday
Carbon emissions allowances on Guangzhou's Emissions Exchange, China's largest local carbon market, closed at 48.81…
Chinese automakers remain committed to European expansion
The Chinese automakers will keep investing in Europe despite the EU's anti-subsidy probe into Chinese electric…
