Sonic Blockchain is forging ahead with its ambitious plans to launch a yield-generating algorithmic stablecoin, despite lingering concerns from investors scarred by the infamous collapse of Terra’s UST in 2022. The project aims to…

The U.S. fishing industry is facing mounting uncertainty as former President Donald Trump’s regulatory freeze disrupts critical management policies, delaying fishing seasons and raising fears of overfishing. Industry leaders and environmental advocates warn that…

Rolls-Royce is ramping up its U.S. engine production as part of a strategic shift to reduce exposure to tariff-affected countries and strengthen its foothold in the American market. The British aerospace giant aims to…

China Petroleum & Chemical Corporation, better known as Sinopec, has reported a 16.8% drop in net profit for 2024, as lower global oil prices and heavy investments in new energy vehicles (NEVs) and clean…

Coast Investment & Development has reported a solid financial performance for the latest quarter, posting a net profit of 1.1 million Kuwaiti dinars. The company’s impressive earnings were driven by strong revenue growth, strategic…

Dajin Heavy Industry has secured a $135 million contract to supply offshore wind power equipment to a major European energy firm, marking a significant milestone in its global expansion strategy. The deal reinforces Dajin’s…

Al Rashid Industrial has delivered a strong financial performance for 2024, reporting a 56% increase in net profit as revenue climbed significantly. The impressive growth has prompted the company to raise its dividend, reinforcing…