OPEC Fund co-finances Africa’s largest onshore wind power project
The OPEC Fund has committed $30M to co-finance Africa’s largest onshore wind power project in Egypt’s Gulf of Suez, expected to power 1M homes and...
Month : January 2025
BP announces 4,700 job cuts amid cost-saving measures
BP announced plans to cut 4,700 jobs and 3,000 contractor roles in 2025 as part of a strategy to save $2 billion by 2026, citing...
U.S. inflation data fuels Bitcoin rally beyond the $100,000 threshold
Bitcoin rallied past $100,000 following softer U.S. inflation data, reflecting renewed optimism in risk assets and the growing correlation between digital tokens and equity markets....
FDA proposes front-labeling system to fight chronic disease nationwide
The FDA’s proposed front-labeling system highlights key nutrients linked to chronic diseases, empowering consumers to make healthier choices and encouraging food manufacturers to reformulate products....
Microsoft spurs quantum stock rally with 2025 ‘quantum-ready’ initiative
Quantum computing stocks rallied after Microsoft urged businesses to prepare for a "quantum-ready" era by 2025, sparking optimism and lifting shares of Rigetti, IonQ, and...
European Commission unveils plan to safeguard EU healthcare cybersecurity
The European Commission has unveiled a cybersecurity action plan to protect EU hospitals and healthcare providers, focusing on prevention, detection, and rapid response to minimize...
NATO launches new mission to secure undersea cables in Baltic Sea
NATO announces Baltic Sentry, a mission deploying ships and drones to safeguard the vital undersea cables in the Baltic Sea region, which carry 95% of...
Starbucks reverses open-door policy requiring purchases for facilities access
Starbucks ends its open-door policy, requiring purchases for facilities access across U.S. locations, impacting nearly 1,300 stores in Texas, including Dallas and Houston....
Stock futures rise ahead of key inflation reports this week
Stock futures advanced Tuesday as traders await two key inflation reports, including PPI and CPI, expected to influence the Federal Reserve’s rate decisions and broader...
UAE President and Kazakh counterpart discuss bilateral relations in Abu Dhabi
Sheikh Mohamed and Tokayev discussed strengthening UAE-Kazakhstan ties, focusing on trade, renewable energy, and international cooperation, during a meeting in Abu Dhabi....