Hyundai global sales rise in Jan. ’24
South Korea’s biggest auto maker Hyundai Motor Company reported on Thursday its global sales that reached 315,555…
Volvo cuts off Polestar, Geely takes over
Volvo Cars announced on Thursday its intention to cease its financial support for Polestar Automotive Holding.…
EGX closes up on Feb.1
Egypt’s stock market closed in the green area on Thursday. The main index, EGX30 rose by 0.54 per cent, to…
S. Korea exports rise to $54.69 in Jan. ’23
South Korea’s headline exports rose for a fourth straight month to reach $54.69 billion in January, as demand for…
Nvidia’s China-specific AI chip to match Huawei’s pricing
Nvidia initiated pre-orders for a new AI chip tailored for China, with distributors setting its price to match a…
Oil prices rise after OPEC+ keeps policy change off agenda
Oil prices rose slightly on Thursday after OPEC+ sources said that the producer group's meeting left production…
Nigeria devalues currency for 2nd time
Nigeria has drastically devalued its currency for the second time in eight months, to streamline its convoluted…
Red Sea unrest menaces Italy’s economic stability – minister
The ongoing disruption in the Red Sea region threatens to destabilise Italy's economy and marginalise ports in…
BNPP shares plunge 8% amid Q4 income decline
BNP Paribas (BNPP) experienced an unexpected decline in fourth-quarter income, leading to a delay in achieving a…
Bank of England keeps rates unchanged
The Bank of England (BoE) announced on Thursday that its Monetary Policy Committee (MPC) decided to keep interest…
