Browsing: Business

OPEC+ confirms a 137000 bpd oil production increase effective November 2025 as member nations coordinate to sustain global market stability.

UAE and Australia activate CEPA on October 1, 2025, removing tariffs on over 90% of goods and expanding bilateral trade, investment, and economic ties.

Gold prices hit record highs near $3,791 per ounce as markets respond to U.S. rate cuts, dollar weakness, and strong safe-haven investment flows.

WTO says AI could boost global trade by nearly 40% and GDP by 13% by 2040 if digital infrastructure and trade policies are adapted worldwide.

S&P 500 closes higher as Nvidia leads tech gains, while investors downplay Trump’s Fed actions and await upcoming inflation and job market data.

Bitcoin tumbled under $110000 alongside Ethereum losses and ETF redemptions, signaling a shift in investor behavior toward lower-risk assets.

Fears of an AI bubble grow as analysts warn that tech stock valuations and market behavior are starting to mirror the lead-up to the 2000 dot-com crash.

Puma shares surged over 17 percent as the Pinault family’s Artémis considers selling its 29 percent stake in the German sportswear company.

Keurig Dr Pepper will acquire JDE Peet’s for €15.7B and split into two U.S.-listed companies, reshaping beverage and coffee markets worldwide.

President Trump confirms tariffs on imported furniture will begin in 2025, citing national security concerns and a goal to restore U.S. manufacturing.