Gold Poised for Best Week in Three Months; US Jobs Data on Tap
Gold rose on Friday and headed for its best week in three months, supported by growing expectations of a Federal Reserve rate cut this month,…
Category: BUSINESS
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Tyson and Mayweather to fight in exhibition match
Former world champions Mike Tyson and Floyd Mayweather are set to compete in an exhibition bout next year. The event will be put on by…
World Food Prices at More Than Two-year High
World food prices hovered around their highest level in more than two years in August, as costlier meat, sugar and vegetable oil offset cheaper cereals…
Trump’s tariffs are pushing food and drink exporters closer to China
US President Donald Trump says his sweeping tariffs on most of the world will create jobs in the US, boost the American economy and bolster Washington’s tax…
Jaguar Land Rover staff to stay at home in cyber attack fallout
Jaguar Land Rover (JLR) has instructed factory staff to stay at home until at least Tuesday as the company continues to grapple with the fallout…
World’s largest sports piracy site shut down by police
The world’s biggest destination for illegal streams of live sports events has been shut down, according to a leading anti-piracy group. The Alliance for Creativity…
UAE sees steady August PMI growth as Kuwait, Egypt contract
Business activity across Middle Eastern and North African economies showed mixed trends in August, with the UAE leading growth while Kuwait and Egypt recorded contractions,…
Saudi Arabia, UK announce $445m economic partnership
Saudi Arabia and the UK are set to strengthen their economic ties through more than £360 million ($445 million) in joint investments, Business Secretary Jonathan…
Saudi Arabia Sells $5.5 Billion in Dual-tranche Sukuk Sale Strong Demand
Saudi Arabia continues to assert its position as a financial powerhouse in international markets, as its latest issuance of dollar-denominated Islamic bonds, or sukuk, witnessed…