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Amazon Announces Largest Layoff in Its History
SadaNews - Amazon is preparing to announce comprehensive job layoffs starting today, Tuesday, according to CNBC.
The plan will represent the largest workforce layoff in Amazon's history and will include nearly all of its operations, according to sources.
Reuters reported that Amazon plans...
America Signs Agreement with Japan to Secure Rare Mineral Supplies
SadaNews - U.S. President Donald Trump and Japanese Prime Minister Sanae Taketatsu signed a framework agreement on Tuesday aimed at securing supplies of strategic minerals through mining and processing, according to a statement from the White House.
The signing took place during Trump’s visit to Ja...
Gold Recovers Losses After Falling Below $4,000 an Ounce
SadaNews - Gold recovered some of its losses after falling below $4,000 an ounce on Monday, as progress in trade talks between the United States and China affected demand for safe-haven assets.
The precious metal rose by 0.9% on Tuesday, after having declined by 3.2% in the previous session, follow...
What is the Impact of the Trade Accord Between America and China on Global Markets?
SadaNews - Recent talks between the United States and China were characterized by positivity, as both sides reached understandings on a range of contentious issues, paving the way for both Donald Trump and Xi Jinping to finalize an agreement this week, according to analysts.
After two days of talks...
69.85 Billion Dinars.. A New Leap in Jordanian Banks' Assets in 2024
SadaNews - The Jordan Banks Association issued the report "Key Banking Developments for 2024," which includes a wide range of data, information, and banking indicators concerning banks operating in Jordan at both the aggregate and individual levels, reflecting the resilience of the banking sector an...
ارتفاع أسعار النفط بالتزامن مع تحسن العلاقات التجارية بين أمريكا والصين
Gold Prices Decline Following First Weekly Loss Since Mid-August
SadaNews - Gold prices fell after recording their first weekly loss since mid-August, as demand for safe havens decreased following progress in trade talks between the United States and China.
The precious metal dropped by as much as 1.3%, approaching a level of $4,058 per ounce, after Washington a...
U.S. Trade Representative: Trade Talks Between America and China Paved the Way for a "Prod...
SadaNews - The chief trade envoy for Washington in Kuala Lumpur said on Sunday that trade talks between the United States and China have paved the way for a "productive meeting" between Presidents Donald Trump and Xi Jinping, raising hopes for an agreement between the world’s two largest economies....
Trump announces his intention to increase tariffs on Canada by 10%
SadaNews - U.S. President Donald Trump, while aboard Air Force One en route to Malaysia, announced his intention to increase tariffs on Canada by 10% "on top of what they currently pay", just days after ending trade talks with Ottawa due to what Trump described as a misleading announcement.
Trump a...
Expectations of Interest Rate Cuts by Central Banks in the U.S. and Canada
SadaNews - Market attention this week turns to Washington and Ottawa, where both central banks in the United States and Canada are expected to cut interest rates, while the other G7 countries remain on standby.
Expected Interest Rate Decisions
North America is likely to be the focus of monetary po...
Jordanian Exports to the European Union Register Notable Growth
SadaNews - Jordanian exports to the European Union countries recorded notable growth of 30.9% during the first eight months of 2025, reaching approximately 369 million dinars compared to 282 million dinars in the same period last year, according to data from the Department of Statistics.
Italy at t...
What Do the United States and China Want from the Meeting Between Trump and Xi?
SadaNews Economy - Three questions loom regarding US-China relations after the recent escalation in trade tensions. Will US President Donald Trump meet with his Chinese counterpart Xi Jinping this month as previously expected? If so, what will they discuss? And is there any chance of reaching an agr...