Economy

Silver, gold prices collapse sharply amid easing geopolitical tensions

Gold and silver prices fell sharply in a broader market selloff on Thursday, as an advance in the dollar to…

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Syria signs landmark offshore oil field deal with Chevron and a Qatari investor

Syria’s state-owned petroleum company signed a memorandum of understanding with the US and Qatar on Wednesday for the development of the country’s…

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Disney warns of hit from flagging foreign visits

Disney has said its amusement parks in the US will take a hit in the months ahead due to flagging…

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Slump in commodities rattles global markets

Commodities markets slumped on Monday, led by deep losses in gold, silver, oil and industrial metals as the choice of…

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Nvidia’s plan to invest up to $100 billion in OpenAI has stalled: Report

Nvidia’s plan to invest up to $100 billion in OpenAI to help it train and run its latest artificial-intelligence models…

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German football federation rules out World Cup boycott

The German football federation has ruled out a boycott of the World Cup despite calls from within to send a…

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Siemens Energy, Thyssenkrupp to join German economy minister on Saudi Arabia trip: Sources

German industry bosses including the CEOs of Siemens Energy and Thyssenkrupp will join Economy Minister Katherina Reiche on an upcoming…

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US dollar jumps most since November as Bessent comments halt slump

The dollar posted its biggest one-day gain since November, halting a week of declines after US Treasury Secretary Scott Bessent said the…

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Amazon cuts 16,000 jobs in the latest round of layoffs

Amazon is cutting about 16,000 jobs in the latest round of mass layoffs for the tech industry. Beth Galetti, a…

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Gold extends rally above $5,300 as dollar slides

Gold broke through $5,300 for the first time on Wednesday as the dollar plunged to a near four-year low, ahead…

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