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Gold and silver hit records as investors hunt for safety
The gold price has hit another record high, trading above $4,400 (£3,275) an ounce for the first time. The price of the precious metal has risen on expectations the US central bank will cut interest rates further next year, analysts said. Gold started the year worth $2,600 an ounce, but geopolitical tensions, the Trump tariffs…
US job creation in 2025 slows to weakest since Covid
The number of jobs created in the US grew only modestly in December, as a weak year for the employment market in the world’s largest economy drew to a close. Employers added 50,000 jobs in the final month of 2025, according to Labor Department data, which was fewer than expected. But the unemployment rate dipped…
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Ahmed Al Maghribi Perfumes: How a Saudi Fragrance House Is Reframing Arabian Luxury for a Global Audience
Ahmed Al Maghribi Perfumes represents a growing wave of Middle Eastern fragrance houses that are confidently stepping beyond regional borders while remaining deeply anchored in cultural tradition. Rooted in the Gulf’s centuries-old relationship with scent, the brand has positioned itself as a modern interpreter of Arabian perfumery rather than a nostalgic replica of it. In…
Firms will hesitate to invest in US after raid – South Korea president
South Korean companies will be “very hesitant” about investing in the US following a massive immigration raid at a Hyundai plant in the state of Georgia last week, President Lee Jae-myung has said. More than 300 South Koreans who were arrested in the raid are due to return home on Friday. Their departure had been…
Highest government borrowing in September for five years
UK government borrowing in September hit the highest level for the month in five years, official figures show, highlighting the challenges facing the chancellor ahead of next month’s Budget. Borrowing – the difference between public spending and tax income – was £20.2bn in September, up £1.6bn from the same month last year, the Office for…
Blame game over Air India crash goes on
Theo LeggettInternational business correspondent Getty Images Nearly five months after a plane crash in India which killed 260 people, the investigation has become mired in controversy – with the country’s Supreme Court the latest to weigh in. Flight 171 was en route to London from Ahmedabad in western India on 12 June. It crashed into…
