Browsing: Business

ABU DHABI, October 1, 2025: The Comprehensive Economic Partnership Agreement between the United Arab Emirates (UAE) and Australia formally entered into force on Wednesday, initiating a significant expansion of bilateral trade and investment frameworks between the two economies. The agreement,

Gold prices soared to historic levels on Monday, crossing US$3,750 per ounce for the first time, as investors weighed the outlook for U.S. interest rates and awaited a key speech from Federal Reserve Chair Jerome Powell. The surge extended a

Artificial intelligence is expected to significantly accelerate global trade over the next 15 years, with the World Trade Organization (WTO) projecting an increase in global trade of goods and services by nearly 40 percent by 2040. The forecast, published in

Bitcoin fell sharply on August 26, dropping below $110,000 for the first time in over six weeks, as a broader sell-off gripped global cryptocurrency markets. The decline was accompanied by a wave of liquidations and substantial outflows from digital asset

Keurig Dr Pepper, a U.S. beverage and coffeemaker company with dual headquarters in Burlington, Massachusetts, and Frisco, Texas, has reached a definitive agreement to acquire Dutch coffee and tea producer JDE Peet’s for approximately €15.7 billion (about $18 billion). The

Prime Minister Narendra Modi on Friday announced that India aims to ramp up its space launch capacity to 50 rockets per year, marking a significant shift in the country’s ambitions for space exploration and commercial aerospace development. The target, outlined

The United States government has acquired a 10 percent equity stake in Intel Corporation, President Donald Trump announced Friday, signaling a dramatic escalation of federal intervention in the private sector. The deal, converting nearly $9 billion in subsidies and grants

The United States and the European Union have announced a new Framework on an Agreement on Reciprocal, Fair, and Balanced Trade, establishing a structured path to resolve long-standing trade disputes and expand transatlantic economic cooperation. The framework, which is not

A U.S. federal court has ordered CVS Health’s pharmacy benefit management unit, Caremark, to pay nearly $290 million in damages and penalties over allegations it defrauded the Medicare system. The decision, issued this week by Chief U.S. District Judge Mitchell

Solar energy is on track to make up more than half of all new electric generating capacity added in the United States this year, as developers ramp up installations at a record-setting pace, according to the U.S. Energy Information Administration