Browsing: Business

DP World launches construction on Senegal’s $1.2 billion Port of Ndayane, designed to accommodate the largest container ships and transform the country into a major global trade hub.

The Central Bank of the UAE reported gold reserves exceeding AED23 billion by Q3 2024, marking a 27.76% year-to-date increase, while banking deposits and transactions saw significant growth.

AT&T will require all office employees to work on-site five days weekly starting January 2025, marking a shift from its hybrid model and aligning with other corporations reversing remote work policies.

Bitcoin hits $108,315 before retreating as traders await Federal Reserve decision. Pro-crypto sentiment from Trump and Nasdaq 100 news fuel optimism amid market volatility.

Honda and Nissan are reportedly in early-stage talks to merge, aiming to compete with dominant EV makers like BYD in a rapidly evolving global market.

UK inflation rose to 2.6% in November, reflecting rising energy costs and wage pressures, according to the ONS. Core inflation also rose to 3.5%, underscoring persistent challenges.

T. Rowe Price forecasts US Treasury yields may reach 6% in 2025 as persistent deficits, inflation risks, and global bond selloffs put increasing pressure on the US fiscal outlook.

Pfizer forecasts 2025 revenue of up to $64 billion and adjusted earnings growth, navigating cost challenges amid Medicare changes and advancing promising drug pipeline assets, including its weight-loss candidate.

Markets opened higher Monday as investors awaited the Federal Reserve’s meeting, with key rate decisions and 2025 projections expected, while Nasdaq reshuffle pressured Super Micro and boosted MicroStrategy.

Drydocks World, in partnership with GE Vernova and 50Hertz, will deliver Germany’s Ostwind 4 project, connecting Baltic Sea wind farms to the grid with 2GW of renewable energy.