Browsing: Featured News

FedEx announces plans to spin off FedEx Freight into a new public company within 18 months, creating North America’s largest LTL carrier and boosting operational efficiency.

Nike CEO Elliott Hill outlines strategies to revive growth by refocusing on performance and scaling back discounts, despite recent revenue and profit declines.

Japan set a record with over 33 million foreign visitors in 2024, driven by a weak yen and strong tourism growth, surpassing its pre-pandemic high of 31.88 million in 2019.

ADNOC L&S expanded its offshore operations in 2024, acquiring 20 assets, securing 19 JUB contracts, and boosting revenues 51% to $1.67 billion, marking robust regional and global growth.

OPEC Fund signs its first loan agreement with Montenegro, committing €50 million to bolster fiscal sustainability, climate action, and green projects, with support from the World Bank and AfD.

DP World launches construction on Senegal’s $1.2 billion Port of Ndayane, designed to accommodate the largest container ships and transform the country into a major global trade hub.

The Central Bank of the UAE reported gold reserves exceeding AED23 billion by Q3 2024, marking a 27.76% year-to-date increase, while banking deposits and transactions saw significant growth.

AT&T will require all office employees to work on-site five days weekly starting January 2025, marking a shift from its hybrid model and aligning with other corporations reversing remote work policies.

Bitcoin hits $108,315 before retreating as traders await Federal Reserve decision. Pro-crypto sentiment from Trump and Nasdaq 100 news fuel optimism amid market volatility.

Honda and Nissan are reportedly in early-stage talks to merge, aiming to compete with dominant EV makers like BYD in a rapidly evolving global market.