Browsing: Featured News

ADNOC Gas reports $1.27B Q1 2025 net income, driven by UAE demand and plant uptime, while targeting long-term EBITDA growth.

A China tourist boat accident on the Wu River killed nine people, with rescue teams still searching for one person missing after the storm.

Global rice output is forecast to hit 543.6 million tonnes in 2024/25, even as cereal stocks and trade volumes continue to decline.

U.S. jobless claims rose to 241,000, marking a 9-week high and signaling growing pressure on the labor market.

Over $3.6 trillion in market value has been erased since Trump returned to office, as confidence in U.S. economic leadership begins to falter.

DAE posted a US$85.8M Q1 profit, up 26.5% YoY, boosted by aircraft gains, revenue of US$395.9M, and a major acquisition of Nordic Aviation Capital.

The Fed eases crypto rules, letting banks trade and hold digital assets more freely, signaling a major shift in US financial innovation policy.

Germany has requested an EU budget exemption to increase defence spending amid rising Russian threats.

Emirates and flydubai carried over 5 million passengers in 2024, growing 36% and strengthening Dubai’s position as a global air travel hub.

The European Parliament has backed a major initiative to strengthen EU defence manufacturing and boost weapons supply capabilities.