Business - Page 107

The dollar fell, and the British pound rose to its highest level in over two years on Friday after Federal Reserve Chair Jerome Powell signaled that the long-anticipated U.S. interest rate cut

In the coming weeks, Saudi Arabia and its OPEC⁺ allies face a crucial decision about whether to proceed with planned production increases starting in October or to postpone them due to an

Democrat Kamala Harris has raised $540 million in just over a month since launching her campaign for U.S. president. A significant surge in donations occurred during the Democratic National Convention last week,

The Bank of England (BoE) is anticipated to cut interest rates just once more this year, likely in November, according to a Reuters poll of economists. This follows the BoE’s recent decision

Barclays has considered withdrawing from future Israeli government bond auctions amid growing pressure from pro-Palestinian activists, according to a report by the Financial Times, which cited sources familiar with the matter. Despite

The United States has successfully negotiated price reductions of up to 79% for 10 top-selling prescription drugs covered by Medicare, aiming to save $6 billion in the first year alone. This effort,

Most Gulf stock markets ended lower on Tuesday, influenced by concerns about oil demand and anticipation of key economic data, including U.S. inflation figures, set to be released this week. These data

Oil prices rose on Friday, closing the week with gains exceeding 3.5%, driven by positive economic data and indications from Federal Reserve policymakers that interest rates might be cut as early as