Browsing: Business

MENA Newswire News Desk: Precious metals are shining brighter as gold hit an all-time high of USD 2,607 per ounce earlier this month, reflecting a surge of over 25% year-to-date. Experts point to the influence of macroeconomic uncertainties, geopolitical tensions,

MENA Newswire News Desk: Amazon’s decision to require employees to return to the office full-time has sparked debate amid a growing trend of flexible work arrangements in the UK. As the global tech giant emphasizes in-person collaboration, the UK government

MENA Newswire News Desk: Chipmaker Qualcomm has approached its struggling rival Intel about a possible takeover in recent days, according to sources familiar with the matter. The potential deal, which remains far from certain, has yet to result in a

MENA Newswire News Desk: Nike’s stock surged by over 8% this week following the appointment of Elliott Hill as the company’s new CEO, succeeding John Donahoe, who stepped down after a challenging tenure. Hill, a seasoned executive who rejoined the

MENA Newswire News Desk: Stocks surged on Thursday as Wall Street celebrated the Federal Reserve’s significant rate cut. The Dow Jones Industrial Average rose by 380 points, or 0.9%, while the S&P 500 gained 1.5%, and the Nasdaq Composite surged

MENA Newswire News Desk: The International Renewable Energy Agency (IRENA), in partnership with the COP29 Presidency and Azerbaijan’s Ministry of Energy, announced today that the first Energy Transition Investment Forum for Central Asia will be held in Baku on November

MENA Newswire News Desk: Tupperware Brands, the once-iconic household name in food storage, has filed for Chapter 11 bankruptcy protection. The Orlando, Florida-based company plans to continue operations during bankruptcy proceedings and is seeking court approval to sell the business

MENA Newswire News Desk: The Federal Reserve on Wednesday cut its benchmark interest rate by half a percentage point, marking the first reduction since the Covid pandemic. The Federal Open Market Committee’s decision to lower rates came as inflation showed

MENA Newswire News Desk: The UAE has officially launched its “Invest in the Emirates” campaign, aimed at attracting global innovators, entrepreneurs, and top talents to the country’s burgeoning business environment. The initiative seeks to position the UAE as a hub

MENA Newswire News Desk: The Federal Reserve is approaching a critical decision on whether to cut U.S. interest rates by a quarter or half a percentage point. With its September meeting nearing, financial markets are leaning toward a more modest