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As President-elect Donald Trump prepares to begin his second term, the U.S. stock market is entering a unique and unprecedented phase, defined by historic gains and high levels of concentration. The S&P 500 achieved its second consecutive annual increase of
The European Commission announced an escalation in its investigation into the social media platform X, owned by Elon Musk, to assess potential violations of the European Union’s Digital Services Act (DSA). The probe focuses on X’s content moderation practices and
Manchester City has announced that striker Erling Haaland has signed a new contract extending his stay at the club until the summer of 2034. The 24-year-old Norwegian, who joined City from Borussia Dortmund in 2022, has scored 111 goals in
The European Union has announced an initial humanitarian budget of €1.87 billion for 2025, targeting urgent crises worldwide. The European Commission clarified that the aid will focus on regions such as the Middle East, including Gaza and Syria, as well
The OPEC Fund for International Development (OPEC Fund) has announced its contribution of $30 million to co-finance Africa’s largest onshore wind power project. This initiative involves the construction of two wind farms, each with a capacity of 550 megawatts, combining
BP, one of the world’s leading energy companies, announced on Thursday a significant workforce reduction as part of a broader cost-saving initiative. The British oil giant revealed that approximately 4,700 jobs will be cut this year, along with a reduction
Bitcoin has surged past the $100,000 mark (now $98K), driven by a renewed appetite for risk assets following softer-than-expected U.S. inflation data according to Arab Crypto Insight. The milestone marks a significant rebound in the cryptocurrency market, reflecting broader optimism
Quantum computing stocks surged on Wednesday after Microsoft unveiled its directive urging businesses to become “quantum-ready” by 2025. The announcement, paired with broader investor optimism fueled by easing inflation data, led to significant gains for several key players in the
The European Commission has unveiled a comprehensive action plan aimed at enhancing cybersecurity within the healthcare sector across the European Union, an initiative designed to protect hospitals and healthcare providers from escalating cyber threats. This measure seeks to strengthen the
Cision, a global leader in consumer and media intelligence solutions, has announced the appointment of Guy Abramo as its new Chief Executive Officer, effective immediately. Abramo brings over 25 years of executive leadership experience, having successfully driven growth and transformation
