Region
Africa
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Areas of collaboration included renewable energy, hydrogen, liquefied natural gas
Potential shocks to agriculture, global food prices and oil production remain a risk to Nigeria's growth
Kenya's private sector 12-month outlook rebounds as business confidence strengthens
The deal aims to enhance electricity system reliability through knowledge exchange and partnership
Kenya has the largest economy in East Africa and is projected to grow at 5-6 percent in 2024
AD Ports Group acquires 90 percent stake in joint venture to serve the broader logistics market in Angola
Asia
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Announcement comes after commitment of $6.94 billion in investment in AI by 2027
Decline in manufacturing and services activity raises recovery concerns
Goods trade deficit decreased to $22.94 million, down from the previous year's $113.83 million
This was primarily attributed to increased expenditures aimed at strengthening the ongoing economic recovery
In April alone, 20 new FDI projects in Hanoi attracted $103.9 million
Recent power blackouts and fuel shortages during the 2022 economic crisis underscore the importance of diversifying the energy mix
Europe
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Microsoft announced an investment of $4.3 billion in the country
In Q1 this year, residential property prices declined 4.3 percent
Economists caution that the poor performance of the NHS is exerting negative repercussions on the broader economy
Greece, Spain and the Netherlands all registered growth as Germany and Austria marked declines
Unemployment to steadily increase to 4.7 percent by 2025 as U.K. labor market cools
Germany's seasonally adjusted jobless rate remained steady at 5.9 percent
Saudi Arabia
See ArticlesThe deal aims to enhance electricity system reliability through knowledge exchange and partnership
With 95% of the land protected for nature, NEOM offers incredible biodiversity
United Arab Emirates
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City renowned for being people-centric, entrepreneurial, sustainable and culturally vibrant
Mono-hull yacht setting a new standard in maritime luxury
Innovation and digitalization are key to decarbonization initiatives
Plans to improve capacity and service levels at DXB
United States
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Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel
Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel
Brent crude oil futures dropped by 30 cents or 0.36 percent, settling at $82.86 per barrel
Brent oil futures expiring in July had risen by 0.5 percent to reach $83.73 per barrel
The move seeks to empower vulnerable communities and individuals
Brent crude futures rose by 28 cents, or 0.3 percent, reaching $83.24 per barrel
Worldwide
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U.S. employment data supported gold prices, which rose over 2 percent by the end of last week
Softer U.S. jobless claims data contributed to the optimism surrounding gold
Brent oil futures, expiring in July, advanced by 0.5 percent to reach $84.33 per barrel
Brent crude should return to the $90 per barrel mark as demand exceeds historic levels this year
Hotter-than-expected U.S. inflation data could potentially drive gold prices down
