Economy- Page 17

ConocoPhillips executives attend Syria gas fields development agreement in Damascus

US Oil Giant ConocoPhillips to Sign Contract With Syria to Develop Gas Fields – Reports

The US oil and gas giant ConocoPhillips is set to sign a contract with Syria aimed at expanding existing gas fields and exploring new reserves, according to a Financial Times reported, in

June 16, 2026

by Arab Desk

Container ships and stacked cargo containers at a port, illustrating India's record May merchandise exports

India Posts Record $45.2bn in May Exports, but the Import Bill Grows Faster

India's merchandise exports hit an all-time monthly high of $45.2 billion in May, an 18 percent jump. But a sharper rise in oil and gold imports widened the goods trade deficit, leaving the country exporting more than ever and still

June 16, 2026

by Economy Desk

Nvidia Endeavor headquarters building in Santa Clara, California

Nvidia Borrows $25 Billion, Joining the Customers It Sells AI Chips To

Nvidia sold $25 billion of bonds, its first investment-grade offering in five years, and investors put

A sneaker store interior, illustrating the Accent Group footwear retail takeover bid

Mike Ashley’s Frasers Bids A$316m for the Rest of Australia’s Accent Group

Mike Ashley's Frasers Group has launched a A$316 million on-market bid for the rest of Australia's

Drivers queue at a French gas station as fuel prices surge during the Iran-linked energy crisis in Europe

France Rejects Fuel Tax Cuts, Announces Massive Aid, Middle East Energy Crisis

France has unveiled a sweeping new €710 million ($824 million) emergency fuel relief package as the economic shock from the Iran crisis deepens across Europe, pushing gasoline and diesel prices to their

May 22, 2026

Economy·News

US mortgage rates surge above 6.5 percent as Treasury yields rise amid Iran war fears

Iran War Shock Sends US Mortgage Rates Soaring, Treasury Market Panic Hits American Families

The US housing market is facing renewed pressure after mortgage rates surged sharply above 6.5%, as escalating geopolitical tensions linked to the Iran war triggered a violent selloff in Treasury markets and

May 22, 2026

Business·Conflicts, Military and War·Economy·News

Elon Musk during SpaceX IPO push as Starlink satellites and AI infrastructure drive $2 trillion valuation speculation

Elon Musk’s SpaceX IPO Ignites Wall Street in Historic $2 Trillion AI Gamble

Elon Musk’s SpaceX is preparing for what could become the largest initial public offering in financial history, a blockbuster debut that is already reshaping global conversations around artificial intelligence, satellite infrastructure, and

May 22, 2026

Business·Economy·News

Nvidia CEO Jensen Huang speaks during an AI infrastructure presentation after Nvidia reported record 2026 earnings

Nvidia Smashes Expectations With $81.6 Billion Revenue, Global AI Arms Race Accelerates

Nvidia has once again shaken Wall Street and Silicon Valley after reporting explosive quarterly earnings that confirmed the global artificial intelligence spending frenzy is accelerating at a pace few companies in modern

May 22, 2026

Business·Economy·News

Donald Trump and Strait of Hormuz oil tanker as Brent crude prices remain above $100 during Iran tensions

Oil Markets Panic, Trump Pushes Iran Deal, Hormuz Crisis Threatens Global Supply

Crude oil markets swung violently on Thursday after US President Donald Trump claimed negotiations with Iran were entering their “final stages,” triggering a sharp selloff before traders rapidly reversed course amid mounting

May 22, 2026

Business·Economy·News

Samsung Electronics workers suspend massive AI chip strike after wage agreement in South Korea

Samsung Avoids Global AI Chip Crisis After Last-Minute Union Deal Halts Massive Strike

Samsung Electronics narrowly avoided a massive labor confrontation this week after its largest union suspended a planned strike involving nearly 48,000 workers, a move that could have shaken the global AI semiconductor

May 21, 2026

Business·Economy·News

Nvidia CEO Jensen Huang during AI earnings announcement as global AI infrastructure demand surges

Nvidia Dominates Global AI Race With Explosive Earnings and $80 Billion Buyback

The global artificial intelligence race entered a new phase on Wednesday after Nvidia delivered another historic earnings report that shattered Wall Street expectations and reinforced the company’s dominance over the rapidly expanding

May 21, 2026

Business·Economy·News

President Donald Trump announces AI cybersecurity executive order amid growing fears over cyber warfare and China competition

White House Retreats on AI Order, Debate Intensifies Over Government Oversight

The White House is preparing one of the most consequential artificial intelligence directives in modern US history, signaling a dramatic escalation in Washington’s campaign to control frontier AI systems amid mounting fears

May 21, 2026

Business·Economy·Government and Politics·News

US Air Force F-15E fighter jet involved in Operation Epic Fury during the Iran conflict in 2026

US Air Force Lost 42 Aircraft in Iran War, Pentagon Faces Explosive Questions Over $85 Billion Conflict

The scale of US military losses during the war against Iran is coming into sharper focus after a Congressional Research Service report revealed that the United States lost or suffered major damage

May 20, 2026

Conflicts, Military and War·Economy·News

Keir Starmer and Rachel Reeves during Britain debt crisis after IMF warning on UK borrowing

IMF Warns UK Against Debt Spiral, Starmer Government Faces Market Revolt and Labour Civil War

Britain’s fragile economic recovery is facing renewed turbulence after the IMF warned the UK government against abandoning deficit reduction plans amid mounting political instability surrounding Prime Minister Keir Starmer and Chancellor Rachel

May 19, 2026

Business·Economy·News

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Economy- Page 17

US Oil Giant ConocoPhillips to Sign Contract With Syria to Develop Gas Fields – Reports

India Posts Record $45.2bn in May Exports, but the Import Bill Grows Faster

Nvidia Borrows $25 Billion, Joining the Customers It Sells AI Chips To

Mike Ashley’s Frasers Bids A$316m for the Rest of Australia’s Accent Group

France Rejects Fuel Tax Cuts, Announces Massive Aid, Middle East Energy Crisis

Iran War Shock Sends US Mortgage Rates Soaring, Treasury Market Panic Hits American Families

Nvidia Smashes Expectations With $81.6 Billion Revenue, Global AI Arms Race Accelerates

Oil Markets Panic, Trump Pushes Iran Deal, Hormuz Crisis Threatens Global Supply

Nvidia Dominates Global AI Race With Explosive Earnings and $80 Billion Buyback

White House Retreats on AI Order, Debate Intensifies Over Government Oversight

US Air Force Lost 42 Aircraft in Iran War, Pentagon Faces Explosive Questions Over $85 Billion Conflict

IMF Warns UK Against Debt Spiral, Starmer Government Faces Market Revolt and Labour Civil War

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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