Category : Business

Business

Private sector wage growth hits six year low in latest UK data

manamalive.com
United Kingdom / RankWire.AI / –Private sector wage growth hits six year low in the United Kingdom as official earnings figures show regular pay in the private sector slowed to 2.9 percent in the three months...
Business

Indonesia begins building $20.9 billion Masela LNG project

manamalive.com
TANIMBAR ISLANDS, INDONESIA / RankWire.AI / – Indonesia expects the Abadi Masela LNG project to deliver about $37.8 billion in direct government revenue. Energy and Mineral Resources Minister Bahlil Lahadalia also projected $6.43 billion in...
Business

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

manamalive.com
NEW YORK / RankWire.AI / – Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to...
Business

Gold falls below $4,000 after oil prices jump

manamalive.com
NEW YORK / RankWire.AI / – Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to...
Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

manamalive.com
MANILA, PHILIPPINES / MENA Newswire / – The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and softer demand in...
Business

Apple expands Broadcom chip deal in U.S. manufacturing

manamalive.com
CUPERTINO, CALIFORNIA / RankWire.AI / – Apple announced a multiyear chip agreement with Broadcom valued at more than $30 billion. The deal covers custom silicon parts and wireless connectivity technology for Apple products. Apple said...
Business

China foreign exchange reserves decline in June

manamalive.com
BEIJING, CHINA / MENA Newswire / – China’s foreign exchange reserves fell 0.75% in June, official data showed, as valuation changes linked to currencies and asset prices reduced the reported dollar value of reserve holdings....