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Nike CEO Elliott Hill outlined his strategic plan on Thursday to revive the company’s growth trajectory, attributing recent revenue and profit declines to excessive promotional discounts. Hill, a longtime Nike veteran who rejoined the company in October, emphasized restoring “sport”

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

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

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

T. Rowe Price has raised the prospect of 10-year US Treasury yields reaching 6% for the first time in more than two decades, citing worsening fiscal conditions and potential economic impacts of Donald Trump’s proposed policies. Arif Husain, Chief Investment

U.S. President-elect Donald Trump has reiterated his support for bitcoin and cryptocurrency, confirming plans to establish a U.S. Bitcoin Strategic Reserve. Speaking to the media, Trump emphasized the need for the United States to stay competitive, stating, “We’re going to do