This is Beirut 24/04 09:55 - Reading : 2 minute(s)
Nintendo shares surged Thursday after the gaming giant boasted of higher than expected demand in Japan for pre-orders of its hotly anticipated Switch 2 console. The successor to the Switch -- the third best-selling console ever behind Sony's PlayStation 2 and the Nintendo DS -- is set to hit shelves worldwide on June 5. And the stakes are high: ...
This is Beirut 24/04 09:15 - Reading : 3 minute(s)
European Union Donald Trump Tesla
Tesla electric car sales in Europe plunged in the first three months of the year, industry data showed Thursday, in a fresh blow to its boss Elon Musk who has been criticised for his work in US President Donald Trump's administration. Sales of the sleek machines fell 45 percent to just over 36,000 units in the first quarter of 2025 in the ...
This is Beirut 23/04 14:35 - Reading : less than a minute
Lebanon's consumer price index for March 2025 recorded an increase of 0.44% compared with February 2025. The annual change in the consumer price index for March 2025 was 14.19% compared with March 2024. Concerning the monthly variation of the index by governorate, the figures are as follows: Beirut: up 0.33 Mount Lebanon: up 0.11 North: up ...
This is Beirut 23/04 13:00 - Reading : 4 minute(s)
The EU on Wednesday slapped Apple and Meta with 700 million euros in fines for breaking digital competition rules, risking the wrath of US President Donald Trump. The penalties threaten to cause more tension in the already fraught relationship between the bloc and Trump, as the two sides discuss a deal to avoid his sweeping tariffs on the ...
Christiane Tager 23/04 10:30 - Reading : 2 minute(s)
United States Markets Investment Gold
After Easter opened a turbulent week for financial markets. The world’s main stock exchanges recorded significant losses, despite a few timid attempts to bounce back. This instability is unfolding in an atmosphere weighed down by geopolitical tensions and persistent fears of a global‑growth slowdown. Meanwhile, gold moved sharply in the ...
This is Beirut 22/04 19:00 - Reading : 2 minute(s)
Saudi Aramco and the Chinese electric vehicle giant BYD announced Monday an agreement to work together on what they called new-energy vehicle technologies. The Saudi oil giant is already a partner with Renault of France and the Chinese automaker Geely in a joint venture to produce thermal engines. Its subsidiary, Saudi Aramco Technologies ...
This is Beirut 22/04 16:15 - Reading : 2 minute(s)
Lebanon's Minister of Energy and Water, Joe Saddi, announced on Tuesday a major reform of the country's groundwater drilling licensing system, as part of an effort to improve water resource management. The reform is being developed in collaboration with experts from the United Nations Economic and Social Commission for Western Asia (ESCWA) and ...
This is Beirut 22/04 12:50 - Reading : 4 minute(s)
Economy Lebanon Banks Parliament
As Lebanon grapples with a deep financial crisis and seeks to overhaul its banking system, a proposed amendment to the country’s banking secrecy law has sparked major controversy. Though introduced under the banner of transparency and reform, the changes raise serious concerns about individual privacy, data protection, investor confidence, and ...
This is Beirut 22/04 10:20 - Reading : 3 minute(s)
Donald Trump Banks New York Republicans USA
Bullion hit another record Tuesday while the dollar steadied and equities mostly fell as Donald Trump's latest salvo against Federal Reserve boss Jerome Powell added fuel to fears about the central bank's independence. With the US tariff blitz still causing ructions on global trading floors, investors are now dealing with the added worry that the ...
This is Beirut 21/04 16:55 - Reading : 1 minute(s)
USA Banks Donald Trump International Monetary Fund United States
Wall Street stocks opened lower Monday amid lingering uncertainty over President Trump's trade policy as markets looked ahead to major earnings later in the week. China on Monday hit out at other countries negotiating trade deals with the United States at Beijing's expense, vowing countermeasures against those who "appease" ...
This is Beirut 21/04 10:54 - Reading : 5 minute(s)
Donald Trump New York United States USA Washington
Gold prices hit a fresh record on Monday while the dollar weakened further and stocks were mixed amid worries about Donald Trump's tariff blitz and his bubbling row with the Federal Reserve. With several markets still closed for the Easter holiday, business was limited ahead of a week that will see the release of key data that should give an ...
This Is Beirut 21/04 10:30 - Reading : 4 minute(s)
Following the adoption of the draft law for reforming and reorganizing the banking sector in Lebanon, the government will begin preparing a law to address the financial gap, intended to restore financial system stability. However, the implementation of the banking reform and reorganization bill is suspended until the law on the financial gap is ...