Category : Featured News
US stagflation fears rise as inflation climbs and growth slows
Signs are mounting that the United States may be entering a “stagflation-lite” phase, as inflation edges higher while economic growth slows and labor market indicators weaken. Economists and market analysts warn that the combination of sticky prices, slowing job creation, and policy uncertainty is creating a more challenging environment for the Federal Reserve and......
Truecaller Crosses 100 Million Monthly Active Users in Middle East and Africa
Stockholm, Sweden Truecaller, the leading global platform for verifying contacts and blocking unwanted communications, reached a significant milestone in August as the number of monthly active users (including both Android and iOS) crossed 100 million in the MEA-region, representing a 19% growth y-o-y. “With the Middle East and Africa experiencing......
Regular Flights Between Moscow and Riyadh Officially Launched at Vnukovo International Airport
Newszy: Moscow, Russia — Vnukovo International Airport proudly hosted the official inauguration of the first regular direct flight connecting Moscow and Riyadh, operated by Flynas, one of the leading airlines of the Kingdom of Saudi Arabia. This milestone marks a new chapter in connectivity between Moscow and Saudi Arabia, opening extensive opportunities......
Soaring resort fees and luxury pivot hurt Las Vegas tourism appeal
Las Vegas is facing a sharp downturn in tourism, with official figures revealing an 11.3% drop in visitor numbers this June compared to the same period last year. The Las Vegas Convention and Visitors Authority (LVCVA) attributed the decline to persistent economic uncertainty, weaker consumer confidence, and a slower convention month.......
Trump enforces sweeping global tariffs in historic trade policy shift
U.S. President Donald Trump has signed an executive order implementing sweeping tariff adjustments on a wide array of America’s trading partners, marking a decisive shift in U.S. trade policy and reversing decades of global trade liberalization. The new US tariffs, which range from 10% to 41%, come under the administration’s so-called......
Wegovy sales weaken in US pushing Novo Nordisk to cut yearly guidance
Shares of Danish pharmaceutical company Novo Nordisk fell sharply by 20% on Tuesday after the company cut its full-year sales and profit outlook and named a new chief executive officer. The market reaction came amid ongoing challenges in the U.S. market for the company’s widely used obesity and diabetes drugs. Novo Nordisk now......
Barclays earnings exceed forecasts on market volatility
Barclays reported second-quarter earnings that exceeded analyst expectations, supported by a strong performance in trading amid increased market volatility. The British lender posted a pre-tax profit of £2.5 billion ($3.34 billion) for the quarter ending June 2025, above the £2.23 billion estimate compiled by LSEG. Group revenues were in line with forecasts......
Boeing posts revenue surge and trims losses in second quarter
Boeing significantly narrowed its quarterly losses and posted stronger-than-expected revenue, marking a notable step forward in the aerospace manufacturer’s ongoing recovery efforts. The company reported a net loss of $176 million for the second quarter ending June 30, a sharp reduction from the $1.09 billion loss recorded in the same period......
Explore the Future: “Forum Moscow 2030. Territory of the Future” Invites Young UAE Visitors to Experience Innovation, Creativity, and Urban Adventure
Newszy: Dubai, UAE – Moscow is preparing to host the “Forum Moscow 2030. Territory of the Future.” — a citywide forum-festival designed to immerse youth and families in the technologies, culture, and lifestyles of tomorrow’s world. The forum supports Moscow’s long-term vision to engage global youth in meaningful dialogue, learning, and cross-cultural experiences. Held......
Solid labor market data lifts US Treasury yields
U.S. Treasury yields moved slightly higher on Thursday following fresh economic data that suggested continued resilience in the U.S. labor market. The benchmark 10-year Treasury yield edged up more than one basis point to 4.404%, while the yield on the 2-year Treasury note rose over three basis points to 3.918%. In......

