Browsing: Business

The global market for five key energy technologies electric vehicles, electrolysers, heat pumps, solar photovoltaic systems, and wind turbines is projected to surge to approximately US$2.1 trillion by 2035, according to the latest World Energy Transitions Outlook 2024 published by

MENA Newswire News Desk: NVIDIA continues to rank among the top blue-chip artificial intelligence (AI) stocks supported by billionaire investor Cliff Asness. According to the latest 13F filing for Q4 2024, Asness’s firm, AQR Capital Management, holds approximately $2.19 billion in NVIDIA equity, placing it

MENA Newswire News Desk: NVIDIA continues to rank among the top blue-chip artificial intelligence (AI) stocks supported by billionaire investor Cliff Asness. According to the latest 13F filing for Q4 2024, Asness’s firm, AQR Capital Management, holds approximately $2.19 billion

U.S. stock markets closed sharply lower on Friday, weighed down by hotter-than-expected inflation data and renewed concerns over tariff policies under President Donald Trump. The Dow Jones Industrial Average dropped 590 points, or 1.6%, while the S&P 500 lost 1.6%

Gold prices remained largely flat on Monday, with investors closely watching for clarity on Trump’s tariffs ahead of a key April 2 deadline. Spot gold held at $3,026.85 per ounce by 1131 GMT, while U.S. gold futures edged up 0.4% to $3,032.40. The metal’s stability was driven by

Japan’s core consumer prices rose 3.0 percent in February compared to the same month a year earlier, marking a slowdown in inflation for the first time in four months, according to government data released on Friday. The moderation was attributed in part to

The World Bank Group hosted the second Global Digital Summit in Washington, D.C., bringing together leaders from the public and private sectors to accelerate digital transformation and bridge the global digital divide. The event underscored the urgency of expanding access to digital technology, as 2.6

World coffee prices surged to a multi-year high in 2024, climbing 38.8% compared to the previous year’s average, largely due to adverse weather conditions affecting key coffee-producing nations, the Food and Agriculture Organization of the United Nations (FAO) announced on Friday. The agency warned

The Banque de France has revised its economic forecast, lowering the country’s gross domestic product (GDP) growth projection for 2025 to 0.7 percent, down from the 1.1 percent estimate made in December 2024. The French central bank  announced the adjustment on Wednesday,

The global battery market is experiencing significant growth, driven by soaring demand and declining prices, according to the International Energy Agency (IEA). The agency highlights that 2024 marked a turning point for the industry, with electric vehicle (EV) sales rising 25% to 17 million