Saudi Arabia’s GDP grows 1.3% in 2024, fueled by non-oil sectors
Saudi Arabia’s real gross domestic product increased 1.3% in 2024, preliminary government data released on Thursday showed. The growth marks…
Can Europe’s economy bounce back with rate cuts and deregulation?
Europe’s economy is struggling. Growth has slowed, businesses are weighed down by regulations, and inflation remains unpredictable. To turn things…
Why Norway’s trillion-dollar fund remains committed to renewable energy
Despite recent market setbacks, Norway’s $1.8 trillion sovereign wealth fund, the world’s largest, remains committed to investing in renewable energy…
DC plane crash update: all 67 passengers feared dead, 28 bodies found
All 67 people onboard the American Airlines passenger aircraft as well as the US Army helicopter that collided mid-air on…
Mexico’s economy sees first contraction in three years: GDP falls 0.6% in Q4 2024
Mexico’s economy faced a contraction of 0.6% in the fourth quarter of 2024 as indicated by the preliminary data released…
US jobless claims fall more than expected as economy stays resilient
The number of Americans filing for unemployment benefits dropped more than expected last week, signaling a still-resilient labor market despite…
ECB lowers key interest rates by 25 basis points: what it means for markets
The Governing Council decided on Thursday to cut the three core ECB interest rates by 25 basis points. As a…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Google reclassifies US as ‘sensitive country’ following Trump’s map changes
Google’s maps division has reclassified the United States as a “sensitive country,” a designation it typically applies to nations with…
Trump’s federal aid freeze faces legal setback as judge issues stay
A federal judge temporarily blocked part of the Trump administration’s plan to freeze all federal aid, a move that had…