Browsing: Business

Meta is moving forward with plans to use public Facebook and Instagram posts from users across the European Union, including Germany, to train its artificial intelligence systems, following the expiration of a user opt-out deadline on Tuesday. The US-based technology company intends to process publicly shared content

ADNOC Drilling Company has secured a $1.15 billion contract from ADNOC Offshore for the deployment of two state-of-the-art jack-up rigs, marking a significant addition to its offshore operations portfolio. The 15-year agreement extends operational coverage through 2040, supporting ADNOC’s long-term production goals while

The European Union and the United States have agreed to expedite trade negotiations, following a high-level phone call between European Commission President Ursula von der Leyen and U.S. President Donald Trump. The agreement marks a renewed diplomatic effort to de-escalate tensions and avoid the imposition of sweeping

U.S. stock markets retreated sharply on Friday as investors reacted to renewed trade threats from US President Donald Trump, raising fresh concerns about international commerce and economic stability. The declines capped a volatile week on Wall Street, with all major indexes heading toward weekly losses.

Japan’s core consumer inflation accelerated in April, climbing 3.5 percent from a year earlier, marking the sharpest rise in more than two years. The increase, driven by reductions in government energy subsidies and a sustained surge in rice prices, underscores persistent inflationary pressures

Japan’s real wages declined by 2.1 percent in March compared to the same month a year earlier, according to official data released on Friday by the Ministry of Health, Labour and Welfare. The decrease marks the third consecutive month of

U.S. stocks declined again on Tuesday as trade tensions linked to President Donald Trump’s tariff policies continued to cloud the economic outlook, prompting more companies to pull back financial forecasts. Investor enthusiasm for artificial intelligence-related stocks also appeared to weaken,

The United States and Ukraine have finalized a landmark agreement granting Washington preferential access to Kyiv’s natural resources in exchange for establishing a joint reconstruction investment fund. The deal, announced Wednesday, concludes months of challenging negotiations and marks a significant

The U.S. stock market has experienced significant volatility during the early months of President Donald Trump’s second term, recording one of the weakest openings to a presidency in modern history. Since his inauguration in January 2025, the S&P 500 has

U.S. stocks posted strong gains on Thursday, driven by a rally in technology shares, even as uncertainty continued over potential progress in trade negotiations between the United States and China. The benchmark S&P 500 rose 1.4%, while the Nasdaq Composite