Browsing: Business

Russia’s Central Bank raised its key interest rate to 19%, citing persistent inflation driven by increased defense spending amid the ongoing war in Ukraine.

UAE and India inaugurate a pivotal nuclear energy collaboration, setting a new standard for international agreements.

India targets a $500 billion electronics sector by 2030, aiming to be a global tech hub under Modi’s leadership.

Russia’s trade surplus rose to $87.9 billion in the first seven months of 2024, a 20.2% increase from last year.

India and the UAE today signed major agreements in nuclear energy, petroleum, and advanced technologies, reinforcing the Comprehensive Strategic Partnership between the two nations.

Dubai’s strategic location, extensive free zones, and world-class infrastructure make it the ideal hub for global businesses across industries like tech, finance, and media.

Russia has increased its daily gold purchases by 700%, allocating 8.2 billion rubles per day from September 6 to October 4, according to the country’s Finance Ministry.

UK house prices have risen 4.3% annually, with analysts warning that potential changes in the Autumn Budget could impact further growth, particularly if taxes increase.

Couche-Tard’s $38.6 billion offer was turned down by Seven & i, the parent company of 7-Eleven, citing undervaluation and concerns over U.S. regulatory approval.

JPMorgan has downgraded Chinese stocks to neutral, citing risks of a second tariff war and concerns over China’s economic performance, advising investors to shift to other markets.