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Bitcoin surges past $42,000 since April 2022
US rate cuts, exchange-traded funds approval propel rise
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S&P 500 rises to highest close of 2023
Index closed at 4,594.63 points, up 26.83 points, topping close on July 31 at 4,588.96
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Oil stabilises after slump on OPEC+ cuts
Crude benchmarks on track to post weekly gains
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'Let us be a lesson', Kazakhs wary of return to nuclear testing
Russia warns of rising risk of nuclear war, and relations with US sink into deep freeze
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Saudi Arabia wins bid for 2030 world fair, beating Italy, S.Korea
Riyadh aims to host the event between October 2030 and March 2031.
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Barclays working on $1.25b cost saving plan
Considering up to 2,000 job cuts aimed at boosting profitability
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Car crash at US-Canada border kills 2; terrorism ruled out
Crash unfoldes during heightened security concerns around the world stemming from the conflict in the Middle East
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Amazon.com to cut several hundred jobs
Cites shifting business priorities, greater focus on generative AI
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Alibaba’s market value plunges $20 billion
Its shares slump after U-turn on cloud unit spin-off
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Oil surges 1% on upbeat IEA forecast
Energy agency lifts 2023 demand growth forecast to 2.4m bpd