Apple announces historic $500B investment in US manufacturing, AI
Apple has announced an unprecedented commitment to invest more than $500 billion in the U.S. economy over the next four years. The initiative, revealed on...
Tag : economic growth
UK inflation rises to 3% in January, surpassing expectations
The United Kingdom's inflation rate rose to 3% in January, surpassing analyst expectations of 2.8%, according to data released by the Office for National Statistics...
Macron pledges €109 billion for AI as Europe ramps up funding
As the 2025 AI Action Summit unfolds in Paris, Europe is making a decisive push to establish itself as a global leader in artificial intelligence....
Japan posts record $193 billion current account surplus in 2024
Japan recorded a historic current account surplus of 29.26 trillion yen ($193 billion) in 2024, marking the highest level on record, according to data released...
UK growth forecast slashed as Bank of England lowers rates
The Bank of England (BoE) announced its first interest rate cut of 2025 on Thursday, reducing the benchmark rate by 25 basis points to 4.5%....
Germany and France see contraction as euro zone stalls in Q4
The euro zone economy stagnated in the fourth quarter of 2024, registering zero growth, according to preliminary data released by Eurostat on Thursday. The figure...
Egypt food exports reach $5.5 billion in first 11 months of 2024
Egypt's food industry exports surged to approximately $5.5 billion in the first 11 months of 2024, reflecting a 17% increase from the $4.7 billion recorded...
Japan approves record $730 billion budget for fiscal year 2025
Japan’s government has approved a record 115.54 trillion yen ($730 billion) draft budget for fiscal year 2025. The new budget, set to begin in April...
China industrial profits fall 4.7 percent in first eleven months of 2024
China’s National Bureau of Statistics reported a 4.7 percent decline in the combined profits of major industrial enterprises for the January-to-November period of 2024. The...
DP World starts $1.2 billion port construction in Senegal’s Ndayane
DP World has commenced maritime construction on the $1.2 billion Port of Ndayane in Senegal, marking a pivotal step in establishing the country as a...