Browsing: Business

Egypt’s central bank cut its benchmark interest rates by 200 basis points on Thursday, bringing the overnight deposit rate to 22 percent and the lending rate to 23 percent, as policymakers moved to ease monetary conditions amid falling inflation and

Solar energy is on track to make up more than half of all new electric generating capacity added in the United States this year, as developers ramp up installations at a record-setting pace, according to the U.S. Energy Information Administration (EIA). The agency

India and China have agreed to resume direct passenger flights between the two countries, marking the first such move since air links were suspended in early 2020. The agreement comes as both sides work to rebuild diplomatic and economic ties following years of tension along

Electricity prices across the United States have surged by an average of 25 percent over the past four years, a sharp rise that is outpacing general inflation and driving widespread concern among households already struggling with elevated costs of living. According to the latest federal

Gold futures in the United States surged to a record high on Friday after confirmation that country-specific import tariffs may apply to the most widely traded bullion size, the one-kilogram bar. The ruling, posted by the US Customs and Border Protection

Pfizer has raised its full-year adjusted earnings forecast for 2025, driven by cost-cutting measures and robust second-quarter performance that exceeded Wall Street expectations. The pharmaceutical giant now anticipates adjusted earnings per share between $2.90 and $3.10, up from its prior projection of $2.80

Harley-Davidson Inc. has appointed Artie Starrs as its next President and Chief Executive Officer, effective October 1, 2025. The announcement follows the upcoming retirement of Jochen Zeitz, who will remain as Chairman until stepping down on the same date, after

More than 3,200 members of the International Association of Machinists and Aerospace Workers (IAM) District 837 have voted to reject Boeing’s latest contract offer, setting the stage for a strike that will begin at midnight on Monday. The decision affects workers at

Brazil has formally submitted a proposal to the New Development Bank (NDB) of BRICS countries for the development of its first smart public hospital within the Unified Health System (SUS). The project, announced by Brazil’s Ministry of Science, Technology and Innovation, is designed

Austria’s inflation rate climbed to 3.5 percent year-on-year in July 2025, marking its highest level since April 2024, according to data released by Statistics Austria. The increase reflects mounting price pressures across key sectors of the economy, with household energy, industrial