Browsing: Business

MARSHALL, Texas, October 11, 2025: A federal jury in Marshall, Texas, has ordered Samsung Electronics to pay $445.5 million in damages to Collision Communications, finding that the South Korean technology company willfully infringed four patents tied to wireless communication standards used in 4G, 5G and

NEW YORK, October 9, 2025: Gold prices broke through the $4,000 per ounce barrier for the first time, prompting a sharp rally in mining stocks globally as investors shifted focus to companies positioned to benefit from the historic surge in the precious

WASHINGTON, October 7, 2025: The World Bank has raised its economic growth forecast for 2025 across the region encompassing the Middle East, North Africa, Afghanistan and Pakistan, known collectively as MENAAP, citing stronger-than-expected activity in Gulf economies and resilient performance in non-oil sectors. According to the

KARACHI, Pakistan, Oct 7, 2025: A growing number of multinational corporations are exiting or scaling down their operations in Pakistan, citing regulatory hurdles, macroeconomic instability, and broader global restructuring strategies. The latest among them is Procter & Gamble, which has

Vienna, October 6, 2025: The Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a production adjustment of 137,000 barrels per day (bpd), effective November 2025, following a virtual meeting on Sunday, October 5. The decision reflects the

Abu Dhabi, October 3, 2025: Etihad Rail unveiled a series of major initiatives at Global Rail 2025 in Abu Dhabi, reinforcing its position as a key player in the transformation of transportation infrastructure in the United Arab Emirates (UAE). The announcements

CALGARY, 27 September 2025: The United Arab Emirates and the Canadian province of Alberta are advancing efforts to deepen bilateral economic ties following a high-level meeting between UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri and Alberta

Stablecoins are rapidly emerging as a powerful force in global finance, with Goldman Sachs projecting that the sector could reach several trillion dollars in value by the end of the decade. The investment bank said the market is entering a new phase of accelerated growth,

India and China have agreed to resume direct passenger flights between the two countries, marking the first such move since air links were suspended in early 2020. The agreement comes as both sides work to rebuild diplomatic and economic ties following years of tension along

Gold futures in the United States surged to a record high on Friday after confirmation that country-specific import tariffs may apply to the most widely traded bullion size, the one-kilogram bar. The ruling, posted by the US Customs and Border Protection