Nasdaq and S&P 500 extend losses on trade tensions
U.S. stocks declined as Trump’s tariffs led major firms to withdraw guidance,…
ADNOC Gas posts strong Q1 with $1.27 billion net earnings
ADNOC Gas reports $1.27B Q1 2025 net income, driven by UAE demand…
Sudden storm leads to deadly China tourist boat accident
A China tourist boat accident on the Wu River killed nine people,…
FAO forecasts record rice output despite overall cereal decline
Global rice output is forecast to hit 543.6 million tonnes in 2024/25,…
Jobless claims surge, signaling U.S. economic slowdown
U.S. jobless claims rose to 241,000, marking a 9-week high and signaling…
S&P 500 loses over 3 trillion dollars under Trump administration
Over $3.6 trillion in market value has been erased since Trump returned…
DAE posts US$85.8 million net income for first quarter of 2025
DAE posted a US$85.8M Q1 profit, up 26.5% YoY, boosted by aircraft…
Americans brace for recession as consumer expectations plunge in April
U.S. consumer confidence sinks to early pandemic levels as inflation and tariffs…
Germany requests EU escape clause to raise defence outlay
Germany has requested an EU budget exemption to increase defence spending amid…
Emirates and flydubai see 36 percent surge in joint traffic
Emirates and flydubai carried over 5 million passengers in 2024, growing 36%…