Browsing: Business

Nvidia Corporation‘s stock dipped 6.2% on January 7, 2025, closing at $140.14, following CEO Jensen Huang’s keynote address at the Consumer Electronics Show (CES) in Las…

U.S. stock futures advanced for the third consecutive session on Tuesday, led by gains in technology shares, particularly Nvidia. Futures linked to the S&P 500 climbed 0.3%, while Nasdaq…

Recent investigations have revealed that Credit Suisse, now part of UBS, maintained nearly 100 accounts linked to Nazis and Nazi-affiliated individuals, with some remaining active until as…

Microsoft has announced plans to invest $80 billion in AI-enabled data centers during its current fiscal year, which ends in June 2025. More than half of this…

Egypt’s food industry exports surged to approximately $5.5 billion in the first 11 months of 2024, reflecting a 17% increase from the $4.7 billion recorded during the…

The United States has launched an investigation into China’s semiconductor industry, citing concerns over anti-competitive practices that could undermine U.S. economic and national security interests. The probe, announced…

Nike CEO Elliott Hill outlined his strategic plan on Thursday to revive the company’s growth trajectory, attributing recent revenue and profit declines to excessive promotional discounts. Hill,…

FedEx Corporation announced on December 19 its plan to spin off FedEx Freight into a separate publicly traded company, aiming to establish the largest less-than-truckload (LTL) carrier in North…

DP World has commenced maritime construction on the $1.2 billion Port of Ndayane in Senegal, marking a pivotal step in establishing the country as a major hub…

The Central Bank of the United Arab Emirates (CBUAE) has reported a significant increase in its gold reserves, surpassing AED23 billion by the end of the third quarter…