Browsing: Business

MENA Newswire, OTTAWA: Canada and South Korea signed a new memorandum of understanding on industrial collaboration that places the automotive sector, electric vehicles and batteries at the center of a broadened bilateral agenda, with both governments saying the deal is

MENA Newswire, OTTAWA: Canada’s annual inflation rate rose to 2.4% in December, up from 2.2% in November, as some year-over-year comparisons were pushed higher by the absence of a temporary GST/HST exemption that had lowered certain prices a year earlier,

WASHINGTON: U.S. President Donald Trump said the United States would impose a 25 percent tariff on goods imported from any country that continues commercial dealings with Iran, a sweeping declaration delivered without a signed executive order, published legal framework, or

MENA Newswire, SAN FRANCISCO: Apple has entered into a multi year agreement with Google to integrate Google’s Gemini artificial intelligence models into Siri, marking one of the most significant partnerships between the two technology companies in recent years and a

MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among a small group of companies to reach that valuation threshold. The

NEW YORK: Credit card lenders and payments companies slid in U.S. trading after President Donald Trump publicly backed a proposal to impose a one year cap of 10 percent on credit card interest rates, a move that immediately unsettled financial

WASHINGTON: Senior executives from the largest U.S. oil companies have told President Donald Trump that they are not prepared to make firm investment commitments in Venezuela, underscoring continued caution toward the country’s energy sector despite renewed outreach from the White

Mena Newswire, NEW DELHI: The United Nations has projected that India’s economic growth will moderate to 6.6 percent in 2026, easing from an estimated 7.4 percent in 2025, as higher trade tariffs imposed by the United States weigh on global

NEW YORK: The global economy is experiencing a period of subdued economic performance marked by weak momentum and limited expansion, according to the latest assessment by the United Nations. The organisation said current conditions reflect an environment in which economic

MENA Newswire, OTTAWA, December 27, 2025: Canada’s federal government recorded a budgetary deficit of 18.4 billion Canadian dollars for the April-to-October period of the 2025-26 fiscal year, according to the Department of Finance. The figure represents a wider shortfall compared