Browsing: Business

The European Union remains in limbo as the anticipated trade agreement with the United States failed to materialize by the expected July 9 deadline. Talks had been moving forward in hopes of avoiding renewed U.S. tariffs, but with no finalized

Nvidia reached a historic milestone on Wednesday as its market capitalization surpassed $4 trillion, marking the first time any publicly traded company has achieved this valuation. The company’s shares rose over 2% in early trading, continuing a momentum driven by

Global food prices recorded a slight increase in June, driven by rising costs of meat, dairy, and vegetable oils, according to the latest data released by the United Nations‘ Food and Agriculture Organization (FAO) on Friday. The FAO Food Price Index,

The European Commission and Ukraine have reached an agreement in principle to modernize their existing trade relationship, marking a significant step in Ukraine’s gradual integration into the European Union’s economic framework. The announcement follows the conclusion of negotiations on the review of the Deep

Global air cargo demand increased by 2.2 percent in May 2025 compared to the same period last year, according to the latest data released by the International Air Transport Association (IATA). The report shows that international air cargo operations recorded a slightly

The European Union reported a decline in both the value and volume of petroleum imports during the first quarter of 2025, according to the latest data released by Eurostat, the statistical office of the European Union. The figures reveal a continued shift

Global goods trade saw a notable increase in the first quarter of 2025, according to the latest report from the World Trade Organization (WTO). The rise was largely attributed to importers accelerating purchases in anticipation of higher tariffs later in

Oil prices dropped sharply on Tuesday following remarks by U.S. President Donald Trump indicating that China can continue purchasing oil from Iran. The statement signals a potential shift in Washington’s “maximum pressure” policy against Tehran, coming in the wake of a fragile ceasefire agreement between Israel and Iran.

Foreign currency deposits in the Republic of Korea recorded their first increase in four months during May, supported by a rise in deposits at securities firms and the temporary placement of corporate overseas investment funds, according to official data released on Monday.

The price of Kuwaiti crude oil increased by $1.29 on Thursday, reaching $77.46 per barrel, according to a statement issued by the Kuwait Petroleum Corporation on Friday. This marks a notable rise from the previous day’s closing price of $76.17 per barrel. The movement