United States

Oil prices experience minor decline amid easing Middle East tensions

EIA reported an unexpected U.S. crude drop of 6.4 million barrels, surpassing expectations of an 825,000-barrel increase

Samsung and Google to team up for next-level AI

Samsung seeks to integrate Google's second-gen Gemini Nano AI into Galaxy S25 smartphones

Brazil introduces measures to support small businesses, low-income families, and real estate market

The "Acredita" program helps provide microcredit to CadUnico registrants, enabling access to social programs like Bolsa Familia

Abu Dhabi’s ADQ acquires 49 percent stake in Plenary Group to drive public infrastructure expansion

The stake includes the shares currently owned by Canadian pension fund Caisse de dépôt et placement du Québec

UAE and Ecuador initiate negotiations for CEPA to boost trade, investment

In 2023, non-oil bilateral trade between the UAE and Ecuador reached $675 million

UAE gold prices increase, global rates recover as markets await key U.S. economic data

Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges

Oil prices stabilize as focus shifts to U.S. economy, interest rates

The unexpected decrease in U.S. inventories, as indicated by industry data, provided some support to crude prices

IEA forecasts strong growth in electric car sales to 17 million in 2024

The IEA expects China to account for 10 million electric vehicle sales this year

China leaves benchmark lending rates unchanged in line with market expectations

The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent

ECB stays committed to multiple rate cuts despite Fed’s caution, global uncertainty

Officials highlighted that the ECB's decisions hinge on incoming data, especially regarding wages, profits, and productivity

UAE gold prices plunge as global rates hit over two-week lows on easing Middle East tensions

Gold dipped more than 2 percent in the previous session, its largest intraday decline in over a year