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Russia achieved a historic milestone in 2024, with grain exports reaching a record-breaking 72 million tonnes, according to data released by the Russian Agricultural Export Development Centre, Agroexport. This marks a significant increase from the 68.6 million tonnes exported in

HSBC has announced plans to wind down its mergers and acquisitions (M&A) and equity capital markets businesses in Europe, the UK, and the US, as part of a sweeping overhaul of its global operations. The move reflects a strategic shift

Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs of the UAE, met with Dr. Subrahmanyam Jaishankar, External Affairs Minister of India, in Abu Dhabi on Tuesday to discuss bilateral ties and strategic cooperation. Sheikh

China’s economic activity unexpectedly contracted in January 2025, marking a challenging start to the year for the world’s second-largest economy. Official data from the National Bureau of Statistics revealed that the manufacturing Purchasing Managers’ Index (PMI) fell to 49.1, dipping

The Federal Reserve is expected to keep interest rates steady at the conclusion of its two-day meeting on Jan. 29, signaling a cautious approach as the economy continues to grapple with high inflation and borrowing costs. Despite President Donald Trump’s

Bitcoin (BTC) experienced a sharp price drop early this week, losing 5% of its value and shedding $5,000 per token. The decline triggered over $130 million in liquidated long positions, pushing the cryptocurrency’s price down to $100,000 from its weekend

U.S. President Donald Trump announced on Sunday that a 25% tariff will be imposed on all goods imported from Colombia, marking a sharp escalation in trade tensions. The move comes in response to Colombia’s refusal to accept the return of

In a pivotal decision, the U.S. Securities and Exchange Commission (SEC) has rescinded Staff Accounting Bulletin (SAB) No. 121, eliminating a significant barrier for banks seeking to offer custody services for Bitcoin and other cryptocurrencies. The decision, announced Thursday, reflects

Novo Nordisk shares surged 6.87% to $86.67 on Friday morning following the release of promising trial results for its new obesity treatment, amycretin. The company reported that the drug demonstrated significant weight-loss effects during a Phase 1b/2a clinical trial, sparking

US Mortgage rates have climbed back above the 7% threshold, stalling the U.S. housing market at the start of 2025. The average rate for a 30-year fixed mortgage reached 7.04% last week, marking the highest level since May 2024, according