by Jibran Munaf | October 24, 2024 | Commodities, Energy
Oil prices bounced back as traders weighed rising tensions in the Middle East and the outlook for global supply balances as 2025 approaches. Brent and WTI Prices Surge Brent crude climbed toward $76 a barrel, while West Texas Intermediate (WTI) traded close to $72....
by Alifiya H Ujjainwala | October 24, 2024 | Food, Healthcare, News
A harmful E. coli outbreak has been linked to McDonald’s Quarter Pounder hamburgers, raising concerns about food safety. One person has died, and 49 others have been sick in ten US states. The outbreak began on September 27 and continues to be under...
by Jibran Munaf | October 24, 2024 | Aviation
Boeing faced a major setback on Wednesday as its U.S. factory workers rejected a new wage deal, prolonging a strike that has severely impacted the aerospace giant’s production and financial stability. The union, representing roughly 30,000 workers in the Pacific...
by Jibran Munaf | October 24, 2024 | Healthcare, Market Commentary
The rapidly expanding use of GLP-1 drugs like Ozempic and Wegovy—originally designed to treat diabetes and obesity—has illuminated the inefficiencies of the U.S. healthcare system. While these drugs are now being explored for numerous other conditions, including...
by Jibran Munaf | October 24, 2024 | Industry
The World Bank announced plans to double its annual agricultural investment to $9 billion by 2030, focusing on boosting global food production and addressing challenges such as water scarcity and financing. Speaking at the Annual IMF/World Bank meetings on Wednesday,...
by Jibran Munaf | October 24, 2024 | Real Estate
Prypco, a Dubai-based property technology (proptech) company, has raised $10 million in a seed funding round led by Shorooq Partners, with contributions from Apparel Group and other investors. The funding, completed in September 2024, will fuel the company’s plans to...
