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Economy
Global oil prices have plunged to their lowest level in four years, driven by renewed hopes for peace talks between Russia and Ukraine and mounting concerns about a worsening supply glut. Brent crude slipped below 60 dollars a barrel, while West Texas Intermediate traded near 56 dollars, as markets reacted......
India’s central bank has stepped in to defend the rupee after the currency plunged to a new record low against the U.S. dollar, marking one of its weakest stretches in recent years. The Reserve Bank of India (RBI) conducted a $5 billion foreign exchange swap auction on Tuesday, deploying one of......
San Francisco-based investment firm Dragoneer has successfully raised $4.3 billion for its seventh venture capital fund, exceeding its target within just a few months. The milestone comes at a time when global venture fundraising remains sluggish, underscoring the firm’s appeal among investors......
Royal Air Maroc is preparing a major expansion of its international network in 2026 as part of its strategy to position Casablanca as a global aviation hub and reinforce Morocco’s role as a crossroads between continents. Starting next year, the national carrier will introduce a new wave of direct......
Crypto markets opened the week under pressure as traders positioned for a dense calendar of economic releases that could inject fresh volatility into digital assets in the coming days. In early trading, bitcoin extended recent weakness, briefly slipping below 88,000 dollars in a familiar late weekend......
Taiwan has reiterated its determination to keep the most advanced semiconductor production within its borders, rejecting mounting calls from the United States to relocate part of its top-tier manufacturing abroad. Officials in Taipei argue that maintaining chip production domestically is essential to......
Oil prices dipped as fears of excess supply overshadowed geopolitical tensions, which have long shaped market sentiment. Despite ongoing uncertainties linked to the war in Ukraine, traders shifted their focus to the growing imbalance between global oil production and consumption. Benchmark Brent crude......
The United States and Ukraine have intensified efforts to advance their joint post-war recovery strategy through the newly launched Reconstruction Investment Fund. During a high-level virtual meeting, Ukrainian Prime Minister Yulia Svyrydenko and US Treasury Secretary Scott Bessent reviewed progress......
Mexico’s Congress has approved a sweeping package of tariff increases on imports from several Asian countries, marking a major shift in the country’s trade policy aimed at both protecting domestic producers and strengthening relations with the United States. Under the new legislation, import......
Billionaire hedge fund manager Chris Rokos has undertaken a major shift in his artificial intelligence investment strategy, signaling a decisive move toward chip manufacturing and away from software. Recent regulatory filings reveal that Rokos Capital dramatically increased its holdings in Nvidia while......
Global stock markets drifted lower on Wednesday as investors waited for the Federal Reserve’s final interest rate decision of the year, while silver prices reached unprecedented highs and the Japanese yen weakened sharply. Global markets restrained before Fed move Equities across Europe and Asia......
The United Arab Emirates is accelerating its shift toward a technology-powered future, betting heavily on artificial intelligence as it prepares for a world less dependent on oil revenues. In the desert outskirts of Abu Dhabi, construction is underway on a massive AI campus planned to become one of the......
Morocco is set to revolutionize its trade and energy sectors with the inauguration of two major deepwater ports, Nador West Med and Dakhla Atlantique, as part of its ambitious infrastructure expansion program. These projects solidify Morocco’s role as a strategic gateway connecting Africa with......
