BYD shares slide as China’s EV price war hits profits
Shares in Chinese electric vehicle maker BYD slid by as much as 8% on Monday after it reported a drop…
Category: INTERNATIONAL
INTERNATIONAL
China Manufacturing Shrinks for Fifth Straight Month in August
China’s manufacturing activity shrank for a fifth straight month in August, an official survey showed on Sunday, suggesting producers are…
ECB’s Lagarde Warns of Risk to World Economy Via Trump Interference on Fed
If US President Donald Trump removed Federal Reserve Chairman Jerome Powell or Fed governor Lisa Cook, then this would represent…
Türkiye Economy Grew 4.8% in Q2, Above Expectations
Türkiye’s economy grew by 4.8% in the second quarter, above expectations despite a prolonged monetary tightening effort, official data showed…
Gold Scales Four-month Peak, Silver at 14-year High
Gold hit a more than four-month high on Monday as US Federal Reserve interest rate cut bets this month and…
Kuwait Hosts GCC Ministerial Talks on Ties with Global Partners
Kuwait is scheduled on Monday to host a regular meeting of Gulf Cooperation Council (GCC) foreign ministers to review the…
HUMAIN Launch ‘Allam’ First Arabic AI Foundation Model
In a bold move reflecting Saudi Arabia’s rapidly accelerating digital transformation, tech company HUMAIN is preparing to launch “Allam” –…
Gold Rises on Increasing Fed Rate-cut Bets, Weaker Dollar
Gold rose on Wednesday as expectations of a US Federal Reserve interest rate cut in September gained traction following mild…
Egypt Signs $1 Bln Deal with China’s Sailun Group for Tire Factory
Egypt has signed a deal with China’s Sailun Group to build an automotive tire factory in the Suez Canal Economic…
In India, Trump’s Tariffs Spark Calls to Boycott American Goods
From McDonald’s and Coca-Cola to Amazon and Apple, US-based multinationals are facing calls for a boycott in India as business…