Browsing: Business

EU renewable electricity share drops to 42.5% in Q1 2025 amid reduced wind and hydro output, despite solar gains, says Eurostat.

Kuwaiti crude oil price rose to $77.46 per barrel after a $1.29 increase, following global oil market gains.

Global FDI rose 4% to $1.5 trillion in 2024, driven by volatile European flows and sharp contrasts in regional investment trends.

The EU projects €241 billion in nuclear investment is needed by 2050 to meet decarbonisation goals and strengthen its clean energy mix.

A sharp drop in U.S.-bound auto exports contributed to Japan’s $4.4 billion trade deficit in May, with total exports falling for the first time in months.

JPMorgan files JPMD trademark, signaling deeper push into digital assets, blockchain payments, and possibly a new stablecoin amid rising regulatory support.

Public spending across the GCC is set to hit $542 billion in 2025, backed by stable oil revenues and conservative fiscal strategies.

UAE GDP reached AED1.776 trillion in 2024 with 4% growth, driven by strong non-oil performance and robust gains in transport, construction, and finance.

China’s exports to the US plunged 34.5% in May, marking the sharpest drop since 2020 as new tariffs disrupted trade flows.

China’s consumer prices fell again in May, marking four months of deflation as demand remains weak and stimulus measures struggle to boost the economy.