Rising tariffs and inflation fears drive sharp drop in U.S. confidence
Consumer confidence in the United States declined for the fifth consecutive month in April, dropping to its lowest level since May 2020. The Conference Board...
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Euro zone economic sentiment weakens amid consumer confidence drop
European markets turned lower on Wednesday following the release of preliminary data indicating a decline in economic sentiment across the euro zone in December. The...
UN calls for urgent diplomacy to prevent Middle East conflict escalation
MENA Newswire News Desk: Volker Türk, the United Nations High Commissioner for Human Rights, issued a stern call for restraint from all nations in response...
Italy, Korea, France adjust alert levels amid MPox outbreak
Italy and Korea have heightened their alert levels, while France anticipates sporadic cases as MPox poses a growing threat globally. These nations are stepping up...
Bitcoin’s price plunge triggers $800m crypto liquidation wave
Bitcoin's tumultuous Thursday sent shockwaves through the cryptocurrency market, resulting in over $800 million in liquidations. The sudden plunge in Bitcoin prices accounted for nearly...
UAE-US non-oil trade hits $31.4 billion, expects growth in 2024
Non-oil trade between the UAE and the United States surged to an impressive $31.4 billion in 2023, marking a significant milestone in their economic relations....
Market anticipation builds for U.S. inflation data release
In the early hours of March 12, 2024, S&P 500 E-Mini futures (ESH24) indicated a positive trend, climbing by 0.30%. Investors were eagerly awaiting the...
Bitcoin surge spurs daily influx of 1,500 millionaire wallets
Bitcoin's meteoric rise is fueling a surge in crypto wealth, with over 1,500 new millionaire wallets being minted daily, according to a report by Kaiko...
Historic EU decision sets precedent for global AI regulation
In a landmark move, the European Union's parliament has greenlit the world's pioneering comprehensive regulatory framework to govern the burgeoning realm of artificial intelligence (AI)....
Emirati astronauts graduate from NASA training
The Mohammed Bin Rashid Space Centre (MBRSC) declared today that astronauts Nora AlMatrooshi and Mohammad AlMulla, from the second batch of the UAE Astronaut Programme,...