Browsing: Business

India and the UAE today signed major agreements in nuclear energy, petroleum, and advanced technologies, reinforcing the Comprehensive Strategic Partnership between the two nations.

Moscow’s trade with BRICS nations surged by 14.7% in early 2024, highlighting the city’s growing economic partnerships across key industries like microelectronics and agriculture.

Saudi Arabia’s non-oil economy grew 4.9% in Q2 2024, powered by financial and insurance gains, supporting the Kingdom’s Vision 2030 focus on reducing oil dependence.

Russia has increased its daily gold purchases by 700%, allocating 8.2 billion rubles per day from September 6 to October 4, according to the country’s Finance Ministry.

UK house prices have risen 4.3% annually, with analysts warning that potential changes in the Autumn Budget could impact further growth, particularly if taxes increase.

The U.S. labor market saw job openings dip to a 30-month low in July, suggesting further cooling as economists closely watch the Federal Reserve.

In a tit-for-tat response to Canada’s EV tariffs, China has begun investigating Canadian canola imports, threatening to exacerbate trade tensions between the two nations.

China threatens Japan with severe economic consequences if Tokyo imposes new restrictions on chipmaking equipment, escalating tensions amid US-led efforts to curb China’s tech advancements.

Oil prices dropped as insider reports revealed OPEC+ might increase production in October, countering Libya’s significant output losses.

Japan’s industrial output rose 2.8% in July, driven by increased semiconductor and electrical device production amid growing global demand.