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Gold Prices Stabilize After Gains from Rising Concerns About the Federal Reserve's Indepen...
SadaNews - The price of gold stabilized after two days of gains, amid increasing market concerns about the erosion of the independence of the U.S. Federal Reserve, following President Donald Trump's attempts to oust Governor Lisa Cook, in a move that could change the composition of the monetary boar...
Oil Prices Decline Despite US Pressure on India
SadaNews - Oil prices have declined as traders ignored US attempts to urge India to halt its imports of Russian crude, while market watchers warned of a potential surplus in global supply in the coming months.
Brent crude fell below $68 a barrel, while West Texas Intermediate approached $64. This c...
Jordan to Supply Internet Capacities to Syria Within Weeks
Sada News - Syria announced an agreement to supply internet capacities from Jordan within weeks, coinciding with the completion of the 'Silk Link' project, aimed at improving internet speed in the country, according to a post by Syrian Communications Minister Abdul Salam Haykal on the 'X' platform t...
Europe Plans to Accelerate the Elimination of Tariffs on American Goods in Response to Tru...
Sada News - The European Union is seeking to expedite the issuance of legislation by the end of this week that would remove all tariffs imposed on American industrial goods, in response to a request from U.S. President Donald Trump, before the United States reduces tariffs on European car exports.Th...
Vitol Prepares to Ship First Batch of Syrian Oil After Lifting Sanctions
Sada News - The Vitol Group is preparing to transport the first shipment of Syrian crude oil since the lifting of Western sanctions on Damascus, as the country's energy sector attempts to recover after more than a decade of destruction caused by armed conflict.Vitol, the world's largest independent...
US Tariffs on India Come into Effect at 50%
SadaNews - As of Wednesday, the United States has imposed crushing tariffs of 50% on certain Indian goods, the highest in Asia, as President Donald Trump moves forward with these tariffs to punish New Delhi for purchasing Russian oil.
The new tariffs double the existing rate of 25% on Indian export...
After a Significant Decline Since Early August.. Oil Prices Stabilize
SadaNews - Oil prices have stabilized after recording their largest decline since early August, as investors await the start of higher American tariffs on India due to its purchases of Russian crude.
Brent crude traded near $67 per barrel after falling more than 2% in the previous session, while We...
Stability of Gold Prices at $3,390 per Ounce Amid Anticipation of U.S. Personal Consumptio...
SadaNews - Gold prices stabilized after a rise on Tuesday due to concerns about the independence of the central bank and inflation risks, following U.S. President Donald Trump's efforts to dismiss a member of the Federal Reserve.
Gold bullion traded above the $3,390 per ounce level after a 0.8% inc...
Apple Prepares to Unveil iPhone 17 at Event on September 9
SadaNews - Apple Inc. has revealed the date of its upcoming event dedicated to unveiling its latest devices, titled "Incredibly Amazing," which is scheduled for September 9 at 10 AM Pacific Time (5 PM GMT). The event is anticipated to feature the launch of the new "iPhone 17" lineup, alongside updat...
Saudi ACES Company Considers Selling Stake Amid Growing Demand for Digital Infrastructure
SadaNews - The Saudi company "Advanced Communications and Electronics Systems" (ACES) is considering selling a stake, according to sources familiar with the matter, in a deal that would allow buyers to capitalize on the growing demand for digital infrastructure services in the Kingdom.
The IT-focus...
"For Moral Reasons".. The Norwegian Fund Withdraws Investments from American Company "Cate...
SadaNews - The Norwegian sovereign wealth fund, the largest in the world with assets exceeding two trillion dollars, has announced its decision to withdraw investments from the American construction equipment company Caterpillar, along with five Israeli banking groups, due to moral reasons related t...
Oil Prices Drop as Russia Supply Signals Are Awaited
SadaNews - Oil prices fell after four days of gains, as investors await clearer signals regarding supplies, while also monitoring the broader market implications following U.S. President Donald Trump's dismissal of a Federal Reserve Board member.
Brent crude dropped towards $68 per barrel, while We...