World Business NewsBiden signs order ensuring AI infrastructure supports national security efforts
Order allocates Defense and Energy lands for AI centers and power needs
Jan 14, 2025
Monitoring Report
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World Business News
World Business NewsU.S. sanctions reshape oil shipping routes and raise transportation costs
The sanctions aim to restrict revenue from the world’s second-largest oil exporter due to its ongoing war in Ukraine
Jan 14, 2025
World Business NewsRussian court issues $77.9 million fine to Google over regulatory violations
This marks a substantial rise from typical fines of around 4 million roubles levied on foreign technology platforms for non-compliance with Russian regulations
Jan 14, 2025
TechEU reviews Big Tech investigations under Digital Markets Act
The review may narrow or adjust the scope of the investigations and has paused decisions and fines while technical work continues
Jan 14, 2025
World Business NewsOil trades near four-month highs on sanctions against Russian exports
Brent crude futures slip 0.67% to $80.47 per barrel, while U.S. West Texas Intermediate (WTI) crude drops 0.67% to $78.29 per barrel
Jan 14, 2025
World Business NewsDollar rises to two-year high on strong U.S. economic data
The dollar/yuan market remains critical, with the People's Bank of China unveiling measures to stabilize the yuan amid rising depreciation pressures
Jan 14, 2025
World Business NewsHyundai donates $1 million to Trump inaugural fund
The corporate support highlights private sector engagement ahead of Trump’s January 20 inauguration
Jan 14, 2025
HealthcareJohnson & Johnson closes $14.6 billion transaction for brain disease drugs
The move expands J&J's portfolio with Caplyta, a U.S.-approved treatment for schizophrenia and bipolar disorder, alongside experimental drugs
Jan 14, 2025
World Business NewsSix EU countries urge G7 to cut Russian oil price cap further
The countries argue that the move would further reduce Moscow's revenue to fund its war in Ukraine without causing a shock to global markets
Jan 14, 2025
HeadlinesPunjab discovers gold reserves worth up to Rs700 billion in Attock
2.8 million tola gold to be auctioned after Punjab cabinet approval, says minister
Jan 14, 2025
HeadlinesPakistan’s remittances overtake exports in H1 FY2024-25, reflecting a shift in foreign inflows
Workers’ remittances hit $17.6 billion from July to December 2024, outpacing $16.5 billion in exports
Jan 14, 2025
HeadlinesPakistan eyes joint ventures with Hong Kong for secondary listings of its firms
Yuan-denominated panda bonds to be issued as early as June to integrate its capital markets with China, says Finance Minister Aurangzeb
Jan 14, 2025