Economy
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US finalizes up to $6.35 billion in chips awards for Samsung Electronics, Texas Instrument
The US Commerce Department said on Friday it was finalizing an award of up to $4.745 billion to South Korea’s Samsung Electronics and up…
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Iran’s rial hits historic low, drops 10 percent since Trump’s election win
The Iranian rial on Wednesday fell to its lowest level in history, losing more than 10 percent of its value since…
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Economic troubles mount for Russia amid Ukraine war
Stubborn inflation, exorbitant borrowing costs, bankruptcy risks and a growth slowdown: the Russian economy is facing a slew of negative…
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Boeing says resumed production of 767, 777 wide-body planes
Boeing said late on Tuesday it has resumed production of all airplane programs that had been halted by a machinists’…
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Trump can negotiate to stop Iran from getting nuclear bomb: Blinken
US Secretary of State Antony Blinken said Wednesday that President-elect Donald Trump had a window to negotiate with Iran, saying the development…
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World Bank approves $2 bln for Ukraine including funds from new US loan fund
The World Bank said on Wednesday its executive board approved $2.05 billion in Development Policy Operation funding for Ukraine that…
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Amazon aware of warehouse injury risk, report finds
Amazon pushes its US warehouse workers to fulfill orders at speeds that could cause high rates of injury despite being…
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Palestinian economy faces historic crisis, World Bank says
According to a World Bank examination, the continuous Israeli assault is causing the Palestinian economy to collapse at an extent…
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With al-Assad gone, Syrian pound starts to recover
The Syrian pound has begun to recover against the dollar after Bashar al-Assad’s ouster, moneychangers and traders said Monday as foreign…
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Bitcoin surges to record high of above $106,000
Bitcoin surged to a record high above $106,000 on Monday after President-elect Donald Trump suggested he plans to create a…
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