Month : May 2025

PR Newswire

Xinhua Silk Road: China (Chongqing)-UAE Economic and Trade Investment Promotion Conference Convened in Chongqing

omandailynews.com
CHONGQING, China, May 25, 2025 /PRNewswire/ — The China (Chongqing)-UAE Economic and Trade Investment Promotion Conference, themed “Shared Vision, Shared Future,” convened in Chongqing, bringing together over 400 delegates from government, industry, and academia. The event was co-hosted by the Chongqing Municipal Commission of Economy and Informatization, Chongqing Municipal Commission of......
Business

Trump threatens 50 percent EU import tariff

omandailynews.com
U.S. stock markets retreated sharply on Friday as investors reacted to renewed trade threats from US President Donald Trump, raising fresh concerns about international commerce and economic stability. The declines capped a volatile week on Wall Street, with all major indexes heading toward weekly losses. The Dow Jones Industrial Average fell by over 300 points, representing a......
PR Newswire

Sc3 Asset Management and National Capital Company to Launch U.S. Defense Industrial Base Private Equity Platform

omandailynews.com
RIYADH, Saudi Arabia, May 23, 2025 /PRNewswire/ — Sc3 Asset Management announces that it is entering into a Memorandum of Understanding (MOU) to co-manage and launch a U.S. defense industrial base private equity platform in partnership with National Capital, a Capital Market Authority (CMA) regulated and licensed Saudi based Capital Market Institution.......
PR Newswire

Sc3 Asset Management and National Capital Company to Launch U.S. Defense Industrial Base Private Equity Platform

omandailynews.com
RIYADH, Saudi Arabia, May 23, 2025 /PRNewswire/ — Sc3 Asset Management announces that it is entering into a Memorandum of Understanding (MOU) to co-manage and launch a U.S. defense industrial base private equity platform in partnership with National Capital, a Capital Market Authority (CMA) regulated and licensed Saudi based Capital Market Institution.......
Business

Japan inflation hits 3.5 percent in April as energy subsidies fall

omandailynews.com
Japan’s core consumer inflation accelerated in April, climbing 3.5 percent from a year earlier, marking the sharpest rise in more than two years. The increase, driven by reductions in government energy subsidies and a sustained surge in rice prices, underscores persistent inflationary pressures despite ongoing monetary policy efforts to stabilize price growth. Data......
News

Indonesia hit by strong quake near Sumatra coast

omandailynews.com
A 6.3-magnitude earthquake struck Indonesia’s Sumatra island early Friday, according to data from the Meteorology, Climatology and Geophysics Agency (BMKG). The earthquake occurred at a depth of approximately 10 kilometers beneath the surface, which is classified as shallow and can lead to more intense ground shaking near the epicenter. The seismic event was registered......
PR Newswire

Hisense extends ITS ConnectLife platform to third-party devices via Google’s home APIs

omandailynews.com
QINGDAO, China, May 23, 2025 /PRNewswire/ — Hisense, a leading brand in global consumer electronics and home appliances, announced today the integration of Google’s new Home APIs into its ConnectLife app, enabling users to bring their third-party smart home devices into the ConnectLife ecosystem by this fall. This move enables......