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 lows under the weight of higher sovereign yields and restrictive monetary policy. Higher interest rates have increased…
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 across key sectors. Their meeting took place at Hyderabad House during the 18th BRICS Summit. Talks focused…
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 delivery slipped 0.1% to $4,457.20. The early gain kept spot gold above $4,400 after a sharp reversal…
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 the possibility as El Niño pressures reservoir levels. The canal needs freshwater from rainfall-fed lakes to operate…
BERLIN / RankWire.AI / – German automotive manufacturer Volkswagen AG agreed on Monday to sell its Osnabrück assembly plant to Israeli private equity firm Aurelius Capital and the German state of Lower Saxony. Under the preliminary agreement, the new owners will convert the vehicle manufacturing site into a dedicated security and defense production facility. The strategic transaction marks the…
CAIRO, EGYPT / RankWire.AI / – Egypt’s net international reserves rose to a record $57.2145 billion at the end of August 2026. The Central Bank of Egypt released the provisional figure on September 7. Reserves stood at $56.2939 billion at the end of July. That means the total increased by about $920.6 million during August, or roughly 1.6%.…
Sports
MEXICO CITY / MENA Newswire / – Mexico advanced to the FIFA World Cup Round of 16 on Tuesday. The co-host beat Ecuador 2-0 at Mexico City Stadium. Julián Quiñones scored in the 22nd minute. Raúl Jiménez added the second goal nine minutes later. The win sent Mexico…
EAST RUTHERFORD, NEW JERSEY / MENA Newswire / – Erling Haaland scored twice as Norway beat Senegal 3-2 on Monday. The win at New York/New Jersey Stadium moved Norway into the FIFA World Cup 2026 Round of 32 after two group matches. Marcus Holmgren Pedersen also scored for…
HOUSTON, TEXAS / MENA Newswire / – Portugal turned a clear ranking gap into a straightforward 5-0 win over Uzbekistan in FIFA World Cup 2026 Group K at Houston Stadium. Portugal entered the match ranked fifth by FIFA, while Uzbekistan stood 50th and was playing its first World…
ARLINGTON, TEXAS / MENA Newswire / – Lionel Messi turned another World Cup night into a record-setting stage as Argentina beat Austria 2-0 in Group J on Monday, with the 38-year-old captain scoring both goals at Dallas Stadium. Messi struck in the 38th minute and again in stoppage…
VANCOUVER, CANADA / MENA Newswire / – Egypt recorded their first FIFA World Cup win with a 3-1 comeback victory over New Zealand in Group G at BC Place in Vancouver. The result ended Egypt’s long wait for a tournament victory. It also came against the lowest-ranked team…
SEATTLE, WASHINGTON / Content Syndication Services / – The United States beat Australia 2-0 on Friday in a FIFA World Cup Group D match at Seattle Stadium, reaching the Round of 32 with one group game left. The co-hosts moved to six points from two matches. Australia stayed…