Browsing: Business

The transition to a circular economy is a critical factor in advancing sustainable development, increasing resource efficiency, and reducing environmental impact, according to a new report from the Organisation for Economic Co-operation and Development (OECD). The report, titled Circular Economy

Global semiconductor revenue reached $655.9 billion in 2024, marking a 21 percent increase from $542.1 billion in 2023, according to final figures released by market intelligence firm Gartner. The significant growth reflects rising investment in artificial intelligence infrastructure and a

Shares of semiconductor giant Nvidia surged nearly 19% on April 9, 2025, following a significant shift in U.S. trade policy and signs of a reprieve in export restrictions related to China. The rally, part of a broader market rebound, was

Elon Musk is facing mounting setbacks across his business and political ventures as shifting U.S. policies, declining investor confidence, and global backlash converge to put pressure on his multi-billion-dollar empire. Once seen as a symbol of innovation, Musk is now

U.S. stocks experienced a turbulent session on Monday, closing broadly lower as investor anxiety over escalating trade tensions with China continued to mount. The Dow Jones Industrial Average declined by 349.26 points, or 0.91%, to finish at 37,965.60, its third

The United States’ decision to impose an additional 20 percent tariff on products imported from the European Union (EU) has drawn strong criticism from BusinessEurope, the continent’s largest business organization. Speaking from Brussels on April 3, 2025, BusinessEurope Director-General Markus

The European Parliament has approved substantial financial aid packages for Egypt and Jordan, amounting to €4 billion and €500 million respectively, in a move aimed at reinforcing economic stability and supporting key reforms in both nations. The decision was made during

U.S. stock markets closed sharply lower on Friday, weighed down by hotter-than-expected inflation data and renewed concerns over tariff policies under President Donald Trump. The Dow Jones Industrial Average dropped 590 points, or 1.6%, while the S&P 500 lost 1.6%

MENA Newswire News Desk: South Korea’s Hyundai Motor Group is set to unveil a $20 billion investment in the United States, marking a significant expansion of its manufacturing footprint and aligning with ongoing efforts by foreign firms to localize production

Japan’s core consumer prices rose 3.0 percent in February compared to the same month a year earlier, marking a slowdown in inflation for the first time in four months, according to government data released on Friday. The moderation was attributed