Business
NEW YORK / RankWire.AI / – Bullion faced renewed selling pressure across international trading desks as global commodity markets digested a quarter-point interest rate hike by the U.S. Federal Reserve. Spot gold declined 1 percent to $4,249 per ounce, hitting multi-session…
NEW DELHI / RankWire.AI / – Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan met Indian Prime Minister Narendra Modi in New Delhi on September 12. The leaders discussed ways to deepen UAE-India relations and expand cooperation…
UNITED ARAB EMIRATES / RankWire.AI / – Gold prices edged higher on Thursday as a softer U.S. dollar supported bullion before fresh U.S. inflation data. Spot gold rose 0.3% to $4,414.28 an ounce by 0419 GMT. U.S. gold futures for December…
PANAMA / RankWire.AI / – The Panama Canal may reduce daily ship traffic to about 29 vessels in February or March 2027 if drought conditions continue, its new administrator said. Ilya Espino de Marotta took office on Sept. 7 and raised…
Automotive
Berlin, German / RankWire.AI / – German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations across the company to approximately 9,000…
Entertainment
Lifestyle
Fresha, a leading global booking platform for lifestyle services, announced today that it has secured a $31 million investment from JP Morgan to enhance its machine learning and AI-driven robotics capabilities. This financial backing will enable Fresha to innovate further within its technology stack, aiming to streamline…
Adidas Originals and Highsnobiety, a prominent platform in fashion, design, and culture, have announced the launch of their limited-edition HIGHArt Campus sneaker. This collaboration represents a fusion of art and style, as Highsnobiety’s HIGHArt, an online showcase of products and stories, inspires the design of these unique…
In a world where we are inundated with options for almost everything, the name Starbucks stands out as the epitome of coffee culture, connecting billions of people across diverse geographies. How did a single coffeehouse chain from Seattle gain the global notoriety it has today? The answer…
On August 23, which would have been Kobe Bryant’s birthday, Nike released a revamped classic: the Kobe 8 Protro Halo. This shoe isn’t just another pair of kicks — it’s a tribute to a basketball legend and his “Black Mamba” identity. The release was made even more poignant as Vanessa…
Fashion is not merely an industry, but a reflection of society’s heartbeat at any given point in history. From the streets of Paris to the runways of Milan, fashion is a universal language spoken with fabrics, patterns, and trends. But with terms like ‘label’, ‘luxury’,…
The world’s most immersive mega-coaster, Mission Ferrari, will debut at Ferrari World Abu Dhabi on 12th January, 2023. As a result of this new addition, the World’s Leading Theme Park will offer even more Ferrari-inspired rides and attractions for adults and children alike. The highly…
Luxury
MENA Newswire News Desk: The personal luxury goods market, long seen as resilient against economic uncertainty, is witnessing a significant contraction for the first time since the Great Recession. According to Bain & Company’s annual luxury report, global sales are projected to decline by 2% this year, driven by falling consumer confidence, surging prices, and shifting buyer priorities.…