U.S. labor market shows signs of strain as jobless claims increase
U.S. jobless claims climbed to 242,000 last week, hitting a three-month high as layoffs increase in both corporate and government sectors. The labor market remains strong....
Tag : MENA Newswire
NVIDIA announces AI-powered growth as fiscal 2025 revenue surges 114%
NVIDIA reports record Q4 revenue of $39.3B, up 78% YoY, fueled by AI demand. Full-year revenue surged 114% to $130.5B, led by Data Center growth and Blackwell AI supercomputers....
Potential US pullback from IMF could impact credit ratings
US Treasury Secretary Scott Bessent’s absence at G20 fuels fears of an American retreat from the IMF and World Bank, raising concerns over global financial stability....
India’s consumer growth contradicts Blume Ventures economic concerns
Experts refute Blume Ventures’ claims, citing India’s GDP growth, rising digital payments, and Modi government’s policies fostering middle-class expansion and economic resilience....
2024 YR4 asteroid ruled out as an Earth threat, Moon impact unlikely
Scientists have ruled out asteroid 2024 YR4 as a threat to Earth, but tracking continues as it retains a 1.7% chance of hitting the Moon by December 2032....
Apple Watch sales skyrocket in India as premium demand rises
Apple Watch shipments in India surged 141% in 2024, defying a 30% market decline as demand shifted to premium smartwatches, with Apple capturing 50% of the high-end segment....
Researchers discover bat coronavirus in China, CDC sees no threat
Scientists discovered a new bat coronavirus in China, but the CDC confirms no immediate threat as the virus shows low transmission risk and no evidence of human infections....
World Bank sees India as a key driver of global economic growth
The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that drive the country’s global economic leadership....
WHO investigates fatal outbreak in DRC with 50 deaths reported
A deadly outbreak in the Democratic Republic of the Congo has killed 50 people within hours, prompting WHO investigations as officials race to determine the cause....
Mars once had an ocean with beaches, study reveals
Scientists analyzing Mars rover data found evidence of ancient waves and beaches, supporting the theory that a vast ocean once covered parts of the red planet....