Browsing: Business

NEW YORK / RankWire.AI / – Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for…

NEW YORK / RankWire.AI / – Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude…

BEIJING, CHINA / MENA Newswire / – China’s foreign exchange reserves fell 0.75% in June, official data showed, as valuation changes linked to currencies and asset…

CUPERTINO, CALIFORNIA / RankWire.AI / – Apple announced a multiyear chip agreement with Broadcom valued at more than $30 billion. The deal covers custom silicon parts…

MANILA, PHILIPPINES / MENA Newswire / – The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank…

GENEVA / RankWire.AI / – Africa drew $70 billion in foreign direct investment in 2025, its third-highest level since 1990, according to UN Trade and Development. The…

NEW YORK / RankWire.AI / – Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude…

GENEVA / RankWire.AI / – Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations Trade…

BASRA, IRAQ / MENA Newswire / – Iraq’s state-run Basra Oil Company signed a five-year integrated management contract with Halliburton for the Bin Omar and Sindbad…

RABAT, MOROCCO / MENA Newswire / – The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean energy…