Business

Bahrain, Oman sign 25 cooperation agreements to strengthen bilateral relations

Bahrain, Oman sign 25 cooperation agreements to strengthen bilateral relations

Bahrain and Oman signed 25 agreements boosting ties across diverse sectors like economy, health, science, media, investment, and energy.

US bans red dye 3 from some frosting, candy and medicine

US bans red dye 3 from some frosting, candy and medicine

US bans Red Dye 3 in food/drugs due to cancer link in rats, following a petition. Widely used in candies/baked goods, phase-out by 2027/2028.

Egg prices surge as US inflation picks up

Egg prices surge as US inflation picks up

US inflation rose to 2.9% in December, driven by energy and food, especially eggs. Core inflation was lower, easing market concerns. Rate cuts uncertain.

Why a small drop in inflation matters to you

Why a small drop in inflation matters to you

UK inflation slightly decreased, easing pressure. Underlying inflation fell significantly, signaling potential rate cuts. Uncertainty remains due to Trump's tariffs and upcoming NICs increases.

UK inflation fall boosts hopes of interest rate cut

UK inflation fall boosts hopes of interest rate cut

UK inflation fell to 2.5% in Dec, boosting rate cut hopes. Lower hotel & airfare costs drove drop. Borrowing costs eased. Rent & house prices up.

Borrowing costs fall after inflation surprise

Borrowing costs fall after inflation surprise

UK & US inflation drops fueled bets on central bank rate cuts, lowering govt borrowing costs. UK yields fell below 4.8%, though remain high.