Browsing: Business
The World Economic Forum launched a platform to boost clean energy investment with 100 solutions from 47 countries, aiming to unlock $1.7 trillion in finance for emerging markets.
A new IEA report highlights growing investment in low-emissions hydrogen projects but stresses the need for stronger policies to boost demand in key sectors such as industry and transport.
The EU imported 2.7 million tonnes of coffee from non-EU countries in 2023, valued at €10.6 billion, with Brazil and Vietnam supplying 58% of total imports, according to Eurostat.
Federal Reserve Chair Jerome Powell emphasized a cautious approach to future rate cuts, noting that the Fed will act based on economic conditions, inflation trends, and the job market.
Global rice prices dropped after India resumed non-basmati white rice exports, easing supply concerns for importers in Asia and Africa and stabilizing the market.
Britain’s last coal-fired power plant, Ratcliffe-on-Soar, closed on Monday, ending over 140 years of coal-powered electricity and marking a key step toward renewable energy.
Russia remains a major energy player despite global challenges, with over 90% of its energy exports going to friendly countries, Putin declared at the Russian Energy Week forum.
MENA Newswire News Desk: Al Seer Marine, a subsidiary of International Holding Company (IHC), has expanded its fleet with the delivery of two…
The Swiss National Bank reduced its interest rate by 25 basis points to 1.00%, marking the third such move in 2024, in response to global market trends and economic pressures.
Gold hits a record high at USD 2,607/oz, reflecting over 25% gains YTD, driven by geopolitical tensions, USD diversification, and macroeconomic uncertainty.