by Jibran Munaf | August 27, 2024 | Economy, Finance, News
As the Democratic National Convention unfolded, Kamala Harris and her campaign team set their sights on securing union support in the upcoming election. During a fiery speech, Shawn Fain, president of the United Auto Workers (UAW) union, publicly criticized Donald...
by Vasu Jit Kalia | August 26, 2024 | Economy
The Kingdom of Saudi Arabia has attracted a record 184 foreign companies to relocate their regional headquarters to the Kingdom in the first half of 2024, as per the Ministry of Investment of Saudi Arabia (MISA). A total number of 57 companies secured licenses during...
by Jibran Munaf | August 26, 2024 | Economy, News
Beijing condemns the move as unilateral sanctions and vows to protect its companies’ interests. China has strongly condemned the United States’ recent decision to add several Chinese entities to its export control list, a move aimed at restricting...
by Jibran Munaf | August 24, 2024 | Economy, Market Analysis & Commentary, News
Fed Chair Jerome Powell indicates a potential policy change, setting the stage for the first rate cut since 2020 amid signs of economic stability. The Federal Reserve is poised to pivot toward lower interest rates as it signals a shift in its monetary policy strategy,...
by Vasu Jit Kalia | August 23, 2024 | Economy
Emirates Global Aluminium, has recently announced its intention to acquire a majority stake in American aluminium recycling firm Spectro Alloys Corporation. The acquisition, which is subject to obtaining regulatory approvals, will accelerate EGA’s global expansion...
by Jennifer George | August 23, 2024 | Breaking, Economy, News, Regulations
24th August 2024 marks a crucial date in the American financial calendar, as markets and investors await news on possible interest rate cuts in September by Fed Chairman Jerome Powell. Powell is set to address his colleagues from the central back in an economic...
