AI’s rapid advance threatens global financial stability, says key watchdog
FSB Chair Andrew Bailey said AI systems were acquiring sophisticated problem-solving abilities...
Category Economy
Former FX diplomat sees red as Japan spends record USD 96.5 billion to support yen
Yen's ongoing weakness is threatening profits at Japan's heavyweight exporters, apart from...
AI effect? One in three British employers have cut entry-level jobs, says survey
As per the survey of Lancaster University's Work Foundation, almost half of...
IMF praises global economy’s resilience against energy shock
As per the watchdog, the 'tug of war' between the negative energy...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
China boosts rare earth supply to US ahead of Xi Jinping-Donald Trump meeting
Yttrium, found in China in large numbers, is used in specialty alloys...
To advance Syria’s rebound, DP World targets rapid Port of Tartous modernisation
DP World's efforts will include dredging works to accommodate larger vessels, apart...
AD Ports Group gets acquisition offer from Abu Dhabi’s sovereign investor
The L’IMAD's offer comes with a lucrative 25% premium to the one-month...
Chinese transshipped goods cost up to USD 26 billion in lost American tariffs
White House trade and manufacturing adviser Peter Navarro has found 40 countries...
Heatwaves, energy shock drive up global food prices to record high
The 'FAO Food Price Index' averaged 131.1 points in July 2026, up...
Saudi Arabia’s fixed capital investment climbs to USD 95.4 billion as ‘Vision 2030’ spending accelerates
Government investment surged 54% in the first quarter, helping lift overall capital...