Business

Elon Musk Rules Out Merger Between Tesla and xAI, But Proposes Shareholder Vote on Investment

Elon Musk Rules Out Merger Between Tesla and xAI, But Proposes Shareholder Vote on Investment

Elon Musk has ruled out a potential merger between Tesla and his artificial intelligence startup xAI, but revealed plans to…
The Times Warns: “Britain Is Bankrupt” Amid Mounting Debt Crisis Linked to Inflation-Linked Bonds

The Times Warns: “Britain Is Bankrupt” Amid Mounting Debt Crisis Linked to Inflation-Linked Bonds

The Times newspaper issued a stark warning this week, declaring that “Britain is bankrupt.” While the phrase itself wasn’t directly…
Russia: Decline in Global Oil Inventories Prompted OPEC+ to Increase Output in August

Russia: Decline in Global Oil Inventories Prompted OPEC+ to Increase Output in August

The Russian government announced on Saturday that the recent decline in global oil inventories was a key factor behind the…
Syria’s Ban on Used Car Imports Sparks Widespread Economic and Public Debate

Syria’s Ban on Used Car Imports Sparks Widespread Economic and Public Debate

In a move that has stirred significant controversy across economic and public circles, Syria’s Ministry of Economy and Foreign Trade…
On behalf of the President of the Republic: Offering condolences to the families of Ahl Al-Waqif and Ahl Khatri

On behalf of the President of the Republic: Offering condolences to the families of Ahl Al-Waqif and Ahl Khatri

On the evening of Saturday, the Presidential Advisor, Mr. Ahmed Ould Al-Nini, conveyed the condolences of His Excellency the President,…
Senegal Faces Rising Budget Deficit Amid Investor Concerns and IMF Funding Freeze

Senegal Faces Rising Budget Deficit Amid Investor Concerns and IMF Funding Freeze

A revised draft of Senegal’s 2024 finance bill reveals a higher-than-expected budget deficit, reaching 7.82% of GDP, up from the…
South Africa Proposes Major Energy Deal with the U.S. in Exchange for Tariff Exemptions

South Africa Proposes Major Energy Deal with the U.S. in Exchange for Tariff Exemptions

During his recent visit to the White House, South African President Cyril Ramaphosa presented a strategic proposal to U.S. President…
Qatar Launches $1 Billion Investment Incentive Package to Strengthen Its Position as a Global Business Hub

Qatar Launches $1 Billion Investment Incentive Package to Strengthen Its Position as a Global Business Hub

The Investment Promotion Agency of Qatar (IPA Qatar) has officially launched a $1 billion investment incentive program aimed at boosting…
Saudi Aramco Signs 34 Preliminary Agreements with U.S. Companies Worth Up to $90 Billion

Saudi Aramco Signs 34 Preliminary Agreements with U.S. Companies Worth Up to $90 Billion

Saudi Aramco, the global oil giant, has announced the signing of 34 preliminary agreements with several major American companies, with…
Federal Reserve Holds Interest Rates Steady Amid Rising Inflation and Unemployment Concerns

Federal Reserve Holds Interest Rates Steady Amid Rising Inflation and Unemployment Concerns

The U.S. Federal Reserve decided to keep interest rates unchanged at the conclusion of its two-day policy meeting, citing growing…
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