Browsing: Business

Global trade surged to a record $33 trillion in 2024, marking a 3.7% expansion worth $1.2 trillion, according to the latest Global Trade Update released by UN Trade and Development (UNCTAD). Despite this growth, the report warns of increasing uncertainty

The European Union recorded a decline in trade with China in 2024, with both imports and exports experiencing reductions compared to the previous year. According to Eurostat, the EU’s exports to China totaled €213.3 billion, while imports reached €517.8 billion,

The number of natural gas-directed rigs in the United States has declined for the second consecutive year, reflecting broader shifts in the energy market, according to the latest data from the U.S. Energy Information Administration (EIA). Between December 2022 and

U.S. stocks suffered a sharp decline on Monday as President Donald Trump confirmed that new tariffs on imports from Canada and Mexico would proceed, exacerbating market fears of a deepening trade dispute. The S&P 500 fell 1.76% to 5,849.72, marking

India’s economy grew at a rate of 6.2% in the third quarter of the financial year 2024-25, up from 5.6% in the previous quarter, according to data released by the National Statistical Office (NSO). The latest figures indicate an upward

NVIDIA (NASDAQ: NVDA) has announced record-breaking financial results for the fourth quarter and fiscal year 2025, driven by surging demand for AI and accelerated computing technologies. The company reported quarterly revenue of $39.3 billion, marking a 12% increase from Q3

Apple has announced an unprecedented commitment to invest more than $500 billion in the U.S. economy over the next four years. The initiative, revealed on February 24, 2025, represents the company’s most significant financial pledge to date, with a strong

The European Union recorded a trade surplus of €27.2 billion in the final quarter of 2024, continuing a six-quarter streak of positive trade balances, according to Eurostat, the statistical office of the EU. This sustained surplus follows a period of

U.S. President Donald Trump has announced plans to impose 25% tariffs on automobile imports, semiconductor chips, and pharmaceutical products entering the United States, with the measures set to take effect as early as April 2. Speaking at his Mar-a-Lago resort

Rising egg prices in the U.S. are drawing attention as inflation concerns persist, potentially complicating the Federal Reserve’s monetary policy strategy. A severe egg shortage, largely attributed to an avian flu outbreak, has driven prices up by 15% from December