Saudi Arabia has temporarily shut its 1,200-kilometre East-West oil pipeline after a drone attack damaged the vital crude conduit, adding to mounting disruptions to energy flows across the Middle East as the
Egyptian Prime Minister Mostafa Madbouly said Wednesday that the country received a record high of 15.7 million tourists in 2024, according to a statement issued by the Egyptian cabinet. Calling the figure
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Chinese startup NeuroXess on Thursday reported two significant clinical-trial milestones: its flexible brain-computer interface (BCI) device successfully decoded the precise intended movements of one patient with a brain injury in real time,
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Tesla China announced on Friday that its electric vehicle (EV) sales in the Chinese mainland hit a record high of 657,000 units in 2024, up 8.8 percent year on year. Tesla also
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The People’s Bank of China (PBoC) is poised to undertake a significant transformation in its monetary policy, aligning more closely with the practices of major global central banks like the US Federal
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Gold is expected to continue its upward trend in 2025, with Wall Street analysts predicting a 7% rise in the price of the yellow metal to approximately $2,795 per troy ounce by
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The global shipping industry is experiencing a significant shift in vessel demand, with shipowners moving away from ordering the massive container ships that once defined the boom in global trade. According to
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It is vital to restart the World Trade Organization (WTO), including its arbitration function, and enhance the role of developing economies in international financial institutions, Russian President Vladimir Putin underscored at the
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The number of active US venture capital (VC) firms has plummeted by more than 25% since its peak in 2021, reflecting a major shift in the industry as financial backers increasingly concentrate
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Hungary is set to forfeit €1.04 billion ($1.07 billion) from its frozen European Union funds, the Financial Times reported on Tuesday. The lost funds are part of €6.3 billion withheld by Brussels
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China is ramping up its efforts to challenge Boeing and Airbus’s dominance in the global aviation market, using its state-developed C919 passenger jet as a flagship project. The C919, a centerpiece of
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