Wall Street mocks Trump with “TACO trade” label
U.S. President Donald Trump reacted angrily this week to a question referencing the growing use of the term “TACO trade” on Wall Street, a mocking acronym that stands...
Month : May 2025
EU and six member states ratify UN High Seas Treaty
The European Union and six of its member countries have formally ratified the United Nations High Seas Treaty, marking a substantial advancement in international efforts to safeguard marine biodiversity...
Nvidia beats Q1 expectations with $44.1 billion revenue
Nvidia Corporation reported mixed first-quarter results, outperforming revenue and earnings expectations but acknowledging significant challenges related to U.S. export controls affecting its China operations. The chipmaker posted revenue...
Flydubai expands European network with four new routes
flydubai has announced the launch of flights to four new European destinations as part of its ongoing network expansion. Beginning in September 2025, the airline will introduce services...
EU nearly hits 2030 climate target with 54% emissions cut
The European Union is nearing its primary climate objective for 2030, with current national policies expected to reduce net greenhouse gas emissions by 54 percent compared to...
ILO says 53 million new jobs expected in 2025
The International Labour Organization (ILO) has revised its global employment forecast for 2025, citing mounting economic challenges and heightened trade tensions. According to its latest...
Piers Morgan praises Dubai’s visionary leadership
British broadcaster and media personality Piers Morgan praised the transformative vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the...
Canada’s fire season ignites with 134 active blazes
More than 17,000 residents have been forced to evacuate their homes in Manitoba as wildfires rage across the western Canadian province, prompting the government to...
Meta begins training AI with EU social media content
Meta is moving forward with plans to use public Facebook and Instagram posts from users across the European Union, including Germany, to train its artificial intelligence systems, following the expiration...
ADNOC Drilling wins $1.15B jack-up rig contract
ADNOC Drilling Company has secured a $1.15 billion contract from ADNOC Offshore for the deployment of two state-of-the-art jack-up rigs, marking a significant addition to its offshore operations...