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    US dollar retreats from 18-month high as oil slips

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    – The US dollar retreated from an 18-month high on Tuesday, October 13, as falling oil prices and a reassessment of the artificial intelligence-driven rally weighed on the currency. The U.S. Dollar Index, which measures the greenback against a basket

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    Trump waives Russia sanctions and tariffs under Graham Act

    – President Donald Trump waived key Russia-related US sanctions and tariffs on Friday, October 16, days before they were due to take effect. The measures came under the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which Trump

    Technology

    AI Capital expenditure will continue to rise by 10-20% in 2027

    The World Trade Organization raised its 2026 global merchandise trade growth forecast to 3.9 percent, reflecting an unexpected boom in cross-border shipments of artificial intelligence infrastructure. Global spending on intelligent computing hardware is expected to expand by at least 30

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    Sports

    Spain beat Portugal to reach World Cup quarter-finals

    Spain reached the FIFA World Cup quarter-finals with a 1-0 win over Portugal on Monday, as Mikel Merino scored in the 91st minute at Dallas Stadium. The substitute took a pass from Ferran Torres and finished low past Diogo Costa.

    Automotive

    Jaguar Type 01 electric GT debuts with 1,030 PS

    Jaguar unveiled the production Type 01 in New York on October 6, marking a major product launch for the British luxury brand. The four-door electric grand tourer is the first production Jaguar based on the dedicated Jaguar Electric Architecture. It

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    Lifestyle

    Apple and ISSEY MIYAKE unveil new 3D-knit iPhone Pocket

    TOKYO, November 13, 2025: Apple and ISSEY MIYAKE have announced a new collaboration called iPhone Pocket, a 3D-knitted wearable accessory designed to hold an iPhone and other small items. The product, which combines the Japanese  fashion brand’s textile innovation with Apple’s design precision,

    Luxury

    Price hikes and lack of innovation erode luxury market confidence

    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

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