Gold Hits Record High as Traders Bet US Rate Cuts, Powell’s Signal
Gold prices steadied on Tuesday after reaching a record high, underpinned by expectations of more US rate cuts and a…
Category: FINANCE
What’s the big deal about AI data centres?
It’s such a big number that it’s hard to imagine. Worldwide, around $3tn (£2.2tn) will be spent on data centres…
Oil Extends Declines after Iraq, Kurds Agree to Restart Oil Pipeline
Oil prices declined for a fifth consecutive session on Tuesday, as a preliminary agreement reached between Iraq and Kurdish regional…
Porsche shares plunge after announcing EV rollout delay
Porsche’s stock tumbled by more than 7% on Monday after warning last week that delays in its electric vehicle (EV)…
Morocco Celebrates Expansion Milestones in Casablanca Port Complex
As Morocco pushes ahead with expansion of its maritime infrastructure, last week the country launched several development initiatives in Casablanca…
AI Set to Transform Global Trade, Says World Trade Organisation
Artificial intelligence could boost the value of trade in goods and services by nearly 40% by 2040, but without adequate…
GSK pledges $30bn US investment as UK’s pharma woes deepen
British pharmaceutical firm GSK has pledged to invest $30bn (£22bn) in research and manufacturing in the US over the next…
Peregrine Hydrogen and OCP Group Forge Major Partnership in Morocco
There’s something special about the wind-whipped plains near Khouribga—far from being just another mining hub, Morocco’s phosphate basin is morphing…
Al-Jadaan Saudi Arabia’s Financial Market Fastest-Growing Worldwide
Saudi Arabia’s financial market has surged past $2.4 trillion, making it the fastest-growing globally, as the Kingdom doubles down on…