Business
India gains edge in tech manufacturing with Apple’s latest move
In a significant industry shift, Apple, the renowned California-based technology company, is poised to commence the production of batteries for its upcoming iPhone models in India. This move marks a pivotal departure from its long-standing…
McDonald’s to open 10,000 stores by 2027, embracing AI technology
In an unprecedented growth strategy, McDonald’s has announced plans to inaugurate approximately 10,000 new outlets globally by 2027. This expansion represents the most rapid growth phase in the fast-food giant’s 60-year history, according…
Economic uncertainty spurs unprecedented demand for gold.
As 2024 approaches, NewEdge Wealth’s Ben Emons anticipates a remarkable year for gold, predicting an unprecedented surge in demand for the precious metal. Emons, an expert in fixed income, recently shared his insights with CNBC’s “Fast…
Innovative construction solutions unveiled at Dubai’s Big 5 Global
Dubai has once again cemented its status as a global hub for innovation and sustainability with the launch of the 44th edition of Big 5 Global, the most influential construction industry event in the Middle East, Africa, and South Asia…
Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut
In a pivotal move, OPEC+ members, responsible for over 40% of global oil supply, have agreed to substantial voluntary production cuts for early next year. The decision, led by Saudi Arabia’s commitment to maintain its 1 million barrels per…
Dow surges to 2023 peak, propelling November’s stock market rally
In a striking financial upturn, the Dow Jones Industrial Average soared to a new annual zenith on Thursday, marking an impressive closure to November – its most fruitful month since October 2022. This surge, amounting to a robust 295-point…
Sony Interactive Entertainment to face $8 billion lawsuit over PlayStation Store pricing
In a significant legal development, Sony Interactive Entertainment faces a landmark lawsuit in the United Kingdom, with damages potentially reaching nearly $8 billion. This action, initiated by consumer advocate Alex Neill, accuses Sony of…
Gold nears $2,000 as Fed rate hike pause boosts appeal
In a notable turn of market dynamics, gold prices are steadfastly maintaining their position near the pivotal $2,000 mark. This stability is largely attributed to growing anticipation of a potential pause in the U.S. Federal Reserve’s …