Browsing: Business

Google has been found to hold illegal monopolies in online advertising markets, marking a significant antitrust ruling by a U.S. federal judge. The decision, issued Thursday by District Judge Leonie Brinkema in the Eastern District of Virginia, follows a September 2024

The transition to a circular economy is a critical factor in advancing sustainable development, increasing resource efficiency, and reducing environmental impact, according to a new report from the Organisation for Economic Co-operation and Development (OECD). The report, titled Circular Economy

The Central Bank of Egypt (CBE) announced on April 17, 2025, that it has reduced key interest rates by 225 basis points. The decision was made during a meeting of the CBE’s Monetary Policy Committee (MPC) as part of its scheduled policy

The global air cargo sector is projected to grow by 5.5 percent in 2025, according to the International Air Transport Association (IATA), outpacing the anticipated global GDP growth despite persistent economic and geopolitical uncertainties. Brendan Sullivan, IATA’s Global Head of Cargo, shared

Global semiconductor revenue reached $655.9 billion in 2024, marking a 21 percent increase from $542.1 billion in 2023, according to final figures released by market intelligence firm Gartner. The significant growth reflects rising investment in artificial intelligence infrastructure and a sharp

Shares of semiconductor giant Nvidia surged nearly 19% on April 9, 2025, following a significant shift in U.S. trade policy and signs of a reprieve in export restrictions related to China. The rally, part of a broader market rebound, was spurred by U.S. President Donald Trump’s announcement

Elon Musk is facing mounting setbacks across his business and political ventures as shifting U.S. policies, declining investor confidence, and global backlash converge to put pressure on his multi-billion-dollar empire. Once seen as a symbol of innovation, Musk is now grappling

Financial markets experienced heightened turbulence on Wednesday as the latest round of tariffs from U.S. President Donald Trump officially took effect. The move, which has triggered swift retaliation from China and drawn criticism from business leaders, pushed U.S. stocks to the brink of a

U.S. stocks experienced a turbulent session on Monday, closing broadly lower as investor anxiety over escalating trade tensions with China continued to mount. The Dow Jones Industrial Average declined by 349.26 points, or 0.91%, to finish at 37,965.60, its third consecutive loss following a series

The eight OPEC+ countries that had previously undertaken voluntary production adjustments have reaffirmed their coordinated efforts to support global oil market stability in response to sustained positive market indicators. Representatives from Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman convened virtually on 3 April 2025 to