Browsing: Business

MENA Newswire, NEW YORK: Gold and silver prices suffered historic one day losses on Friday after U.S. President Donald Trump said he would nominate Kevin Warsh to lead the Federal Reserve. The most active silver futures sank 31.4% to settle

MENA Newswire, NEW YORK: Copper surged to a record above $14,000 a metric ton in late January as a sharp rally in metals intensified across major exchanges, before prices turned volatile and retreated from the peak. Benchmark three month copper

MENA Newswire, WASHINGTON: President Donald Trump said the United States is moving to “decertify” aircraft made in Canada and threatened a 50% tariff on Canadian-made aircraft sold into the U.S., linking the steps to what he described as delays by

MENA Newswire, NEW YORK: Alphabet is expanding the use of artificial intelligence across Google Search as the company continues to rely on its core advertising business for the majority of revenue, with investors closely watching how AI driven product changes

MENA Newswire, CUPERTINO: Apple reported record revenue for its fiscal first quarter of 2025, buoyed by growth in services and gains in Mac and iPad sales, while iPhone revenue was roughly flat from a year earlier. The company said quarterly

MENA Newswire, SEATTLE: Starbucks said first quarter fiscal 2026 revenue rose 6% to $9.9 billion as global comparable store sales increased 4%, led by higher transactions, and the company posted U.S. comparable transaction growth for the first time in eight

MENA Newswire, SEATTLE: Amazon is cutting about 16,000 corporate roles worldwide, marking its largest round of layoffs since 2023 and extending a broader reduction in office based headcount that began late last year. The company said the cuts affect corporate

MENA Newswire, NEW YORK: The U.S. dollar weakened broadly in late January trading as the Japanese yen climbed sharply, with investors focused on signs that officials in Tokyo and Washington were monitoring rapid currency moves. The yen’s surge helped pull

MENA Newswire, NEW YORK: Elon Musk’s estimated net worth reached about $788 billion on Jan. 22, 2026, a record level on a widely followed real time wealth ranking after a rally in Tesla shares increased the value of his largest

WASHINGTON: U.S. Treasurys are confronting fresh political risk after President Donald Trump’s administration revived pressure on Denmark over Greenland and coupled it with threats of trade retaliation, prompting parts of Europe’s investment community to reassess exposure to U.S. government debt.