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UK inflation rose to 2.6% in November, reflecting rising energy costs and wage pressures, according to the ONS. Core inflation also rose to 3.5%, underscoring persistent challenges.
T. Rowe Price forecasts US Treasury yields may reach 6% in 2025 as persistent deficits, inflation risks, and global bond selloffs put increasing pressure on the US fiscal outlook.
Air Arabia will launch three weekly direct flights from Sharjah to Sochi, Russia, starting June 27, 2025, adding the city to its expanding network of Russian destinations.
Starbucks doubles parental leave, giving birth parents up to 18 weeks and non-birth parents 12 weeks, under CEO Brian Niccol’s strategy to boost benefits and workplace culture.
Markets opened higher Monday as investors awaited the Federal Reserve’s meeting, with key rate decisions and 2025 projections expected, while Nasdaq reshuffle pressured Super Micro and boosted MicroStrategy.
Olaf Scholz loses Bundestag vote, prompting early elections in February 2025, as CDU’s Friedrich Merz leads polls amid political instability and economic challenges in Germany.
Etihad Airways launched flights to Nairobi from Abu Dhabi, connecting two growing tourism hubs, fostering UAE-Kenya ties, and expanding its network with new travel and business opportunities.
The Federal Reserve is likely to cut rates again next week, marking the third reduction since September, potentially easing financial pressure on borrowers while savings account yields remain competitive.
Trump confirms U.S. bitcoin reserve plan, sending crypto prices soaring past $100K, amid rising global competition and mounting interest in decentralized financial strategies.
Heba Al Mansoori’s anthology, showcased at Sharjah Book Fair, uses ordinary moments to reveal life’s transformative power, highlighting Emirati literature’s growth on the global literary stage.
