Browsing: Business

The Food and Agriculture Organization of the United Nations (FAO) has projected a record global cereal production of 2,911 million tonnes in 2025, marking a 2.1% increase compared to 2024 levels. The forecast was released on Friday in the FAO’s latest Cereal

Japan’s Cabinet has approved a comprehensive five-year plan to enhance the country’s disaster resilience, committing more than 20 trillion yen ($139 billion) toward bolstering critical infrastructure through 2030. The sweeping initiative responds to the growing vulnerabilities of Japan’s aging infrastructure and

The European Union’s nuclear sector currently contributes €251.2 billion annually to the region’s economic output and sustains more than 883,000 jobs, according to a recent report commissioned by Brussels-based industry association Nucleareurope and prepared by Deloitte. The study evaluates both the current

U.S. President Donald Trump reacted angrily this week to a question referencing the growing use of the term “TACO trade” on Wall Street, a mocking acronym that stands for “Trump Always Chickens Out.” The label reflects investor frustration over Trump’s pattern of imposing or threatening

Nvidia Corporation reported mixed first-quarter results, outperforming revenue and earnings expectations but acknowledging significant challenges related to U.S. export controls affecting its China operations. The chipmaker posted revenue of $44.1 billion for the quarter ending April 27, exceeding analyst estimates of $43.3 billion.

Meta is moving forward with plans to use public Facebook and Instagram posts from users across the European Union, including Germany, to train its artificial intelligence systems, following the expiration of a user opt-out deadline on Tuesday. The US-based technology company intends to process publicly shared content

ADNOC Drilling Company has secured a $1.15 billion contract from ADNOC Offshore for the deployment of two state-of-the-art jack-up rigs, marking a significant addition to its offshore operations portfolio. The 15-year agreement extends operational coverage through 2040, supporting ADNOC’s long-term production goals while

The European Union and the United States have agreed to expedite trade negotiations, following a high-level phone call between European Commission President Ursula von der Leyen and U.S. President Donald Trump. The agreement marks a renewed diplomatic effort to de-escalate tensions and avoid the imposition of sweeping

U.S. stock markets retreated sharply on Friday as investors reacted to renewed trade threats from US President Donald Trump, raising fresh concerns about international commerce and economic stability. The declines capped a volatile week on Wall Street, with all major indexes heading toward weekly losses.

Japan’s core consumer inflation accelerated in April, climbing 3.5 percent from a year earlier, marking the sharpest rise in more than two years. The increase, driven by reductions in government energy subsidies and a sustained surge in rice prices, underscores persistent inflationary pressures