Dubai’s strategic infrastructure drives global business opportunities
MENA Newswire News Desk: When comparing the benefits of setting up a business in Dubai versus the Cayman Islands, Dubai emerges as the clear winner for a...
Category : Business
Moscow records 14.7% growth in BRICS trade for first half of 2024
MENA Newswire News Desk: Trade between Moscow and BRICS countries rose by 14.7% in the first half of 2024, marking a significant boost in international commerce. The increase was...
U.S. job openings hit 30-month low in July, signaling labor slowdown
Job openings in the U.S. dropped to their lowest level since January 2021, adding to signs of a slowing labor market. The Bureau of Labor Statistics reported...
China strikes back at Canada with canola investigation after EV tariff move
China announced on Tuesday that it will initiate an anti-dumping investigation into canola imports from Canada. The move comes shortly after Canada imposed significant tariffs...
China warns Japan of severe consequences if new chip curbs are imposed
China has issued a stern warning to Japan, threatening significant economic retaliation if Tokyo proceeds with additional restrictions on the sale and servicing of chipmaking...
Federal Reserve signals potential rate cuts, boosting S&P 500 sectors
The S&P 500 rebounded in August after a rocky start, ending the month with a 2.3% gain. This marked a reversal from the early August slump, where...
China’s growth prospects dim as manufacturing weakness persists
China’s economic foundations are under intense strain as key sectors struggle to maintain momentum. Factory activity contracted for a fourth consecutive month in August, signaling...
PM Modi lays foundation stone for India’s largest deep-water port
India is set to unveil its largest deep-water port, Vadhvan, in Maharashtra on Friday, with Prime Minister Narendra Modi slated to lay the foundation stone, according to...
Air cargo sees 13.6% rise in demand for July, IATA reports
The International Air Transport Association (IATA) reported a significant rise in global air cargo demand for July 2024, continuing a trend of robust year-over-year growth. According to...
Berkshire Hathaway joins $1 trillion club, a first for non-tech U.S. firms
Warren Buffett’s Berkshire Hathaway reached a significant milestone on Wednesday, becoming the first U.S. company outside of the technology sector to achieve a $1 trillion market capitalization....