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President-elect Donald Trump has appointed Indian-American entrepreneur Sriram Krishnan as Senior White House Policy Advisor on Artificial Intelligence (AI). Krishnan is set to collaborate with David Sacks, who has been named White House AI and Crypto Czar, to oversee AI

Oil prices edged higher on Wednesday, buoyed by a drop in U.S. crude inventories and an anticipated interest rate cut by the U.S. Federal Reserve. However, gains were tempered by the Fed’s projection of a slower pace of rate reductions

FedEx Corporation announced on December 19 its plan to spin off FedEx Freight into a separate publicly traded company, aiming to establish the largest less-than-truckload (LTL) carrier in North America. The decision, following a comprehensive strategic review by the FedEx

ADNOC Logistics & Services Plc (ADNOC L&S) has significantly expanded its offshore operations in 2024, acquiring 20 new offshore assets and securing contracts for 19 Jack-Up Barge (JUB) deployments. These developments underscore the company’s strategy to strengthen its Integrated Logistics

The OPEC Fund for International Development (OPEC Fund) has formalized its first collaboration with Montenegro, signing a €50 million loan agreement to bolster the nation’s fiscal stability and green transition. The agreement, announced on December 18, 2024, marks a significant

DP World has commenced maritime construction on the $1.2 billion Port of Ndayane in Senegal, marking a pivotal step in establishing the country as a major hub for global trade. The arrival of the dredger Willem Van Rubroeck in Ndayane

The Central Bank of the United Arab Emirates (CBUAE) has reported a significant increase in its gold reserves, surpassing AED23 billion by the end of the third quarter of 2024. According to the CBUAE’s Monthly Statistical Bulletin for September, the

AT&T will require all office employees to work on-site five days a week starting January 2025, tightening its return-to-office policy. This change marks a departure from the hybrid work model implemented last year, which allowed employees to work in-person three

Bitcoin’s historic rally paused after the cryptocurrency surpassed $108,000 for the first time, reflecting a mix of cautious optimism among traders as they anticipate key signals from the Federal Reserve’s policy meeting. The leading digital asset reached $108,315 on Tuesday

Honda and Nissan, two of Japan’s leading automakers, have reportedly engaged in early-stage discussions about a potential merger, as they face mounting challenges in the competitive electric vehicle (EV) market. According to reports from the Nikkei and other outlets, the