Business & Finance

Global Markets Focused on US-China Trade Talks

London: The US-China trade talks launched in London by the world’s two largest economies to permanently resolve trade tensions that began with tariff disputes have been the focus of investors globally. US Treasury Secretary Scott Bessent, representing…

UK Unemployment Rate Rises to Highest Level Since July 2021

London: The UK unemployment rate rose to 4.6% in the three months from February to April, marking its highest level since July 2021, according to official data released Tuesday by the Office for National Statistics (ONS).

According to Anadolu Agency…

Israeli Army Promotes Officer Linked to Gaza Civilian Executions

Tel Aviv: The Israeli army has promoted a reserve officer who reportedly ordered soldiers to open fire on Palestinian civilians displaying white flags in central Gaza last year, according to Israeli media reports on Wednesday.

According to Anadolu A…

Russia’s Oil and Gas Revenue Decline by 35% in May

Moscow: The Russian Finance Ministry has announced a significant 35.4% decrease in oil and natural gas revenues for May, compared to the same period last year, bringing in 512.7 billion rubles ($6.5 billion).

According to Anadolu Agency, the first fi…

Germany Approves $52 Billion Tax Cut Package for Companies

Berlin: The federal Cabinet in Germany has sanctioned a substantial tax cut package totaling approximately $52.3 billion. This initiative is aimed at alleviating the financial strain on the country’s faltering economy, according to a recent statement …

Trump Blames Biden’s Border Policies for Boulder Rally Attack

Jerusalem: US President Donald Trump sharply denounced Monday an attack on a rally for hostages being held in Gaza in which at least eight people were injured, using his first public remarks on the “horrific attack” to heap blame on his predecessor’s …

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