NENC Media Group

Sign in Subscribe

Latest

Apple’s December quarter set to soar as iPhone 17 sparks a fresh upgrade cycle

Apple’s December quarter set to soar as iPhone 17 sparks a fresh upgrade cycle

Apple is heading into the all‑important December quarter with momentum after the iPhone 17 family produced strong early demand across key markets, positioning the company for meaningful revenue growth during the holiday shopping season. Firm sales of the new handsets, combined with resilient services revenue and improving supply dynamics

Shell kicks off another $3.5bn buyback after third‑quarter profit outperforms expectations

Shell kicks off another $3.5bn buyback after third‑quarter profit outperforms expectations

Royal Dutch Shell on Thursday announced the commencement of a $3.5 billion share buyback programme after reporting stronger‑than‑expected third‑quarter results that the company said reflected improved trading, higher sales volumes and solid operational performance across its global portfolio. The repurchase, scheduled to run over roughly three

Federal Reserve Cuts Rates Again, But Powell Signals Uncertainty Over Future Easing

Federal Reserve Cuts Rates Again, But Powell Signals Uncertainty Over Future Easing

The Federal Reserve delivered its second interest rate cut of 2025 on Wednesday, lowering its benchmark federal funds rate by a quarter of a percentage point to a target range of 3.75% to 4.0%. The move, aimed at supporting economic growth and stabilizing a labor market showing signs

U.S. Mortgage Rates Fall to Lowest Level in Over a Year, Sparking 111% Surge in Refinancing

U.S. Mortgage Rates Fall to Lowest Level in Over a Year, Sparking 111% Surge in Refinancing

Mortgage rates in the United States have dropped to their lowest level in more than a year, igniting a dramatic surge in refinancing activity and offering a rare moment of relief for homeowners after years of elevated borrowing costs. According to the Mortgage Bankers Association (MBA), refinancing applications soared 111

Nvidia Surges Toward $5 Trillion Valuation as AI Boom Redefines Global Tech Leadership

Nvidia Surges Toward $5 Trillion Valuation as AI Boom Redefines Global Tech Leadership

Nvidia, the Silicon Valley chipmaker that has become the face of the artificial intelligence revolution, is on the cusp of making history. Shares of the company rose more than 3 percent in premarket trading on Tuesday, October 28, 2025, pushing its market capitalization within striking distance of the unprecedented $5

Israel Launches Strikes on Gaza After Accusing Hamas of Ceasefire Breach and Hostage Remains Deception

Israel Launches Strikes on Gaza After Accusing Hamas of Ceasefire Breach and Hostage Remains Deception

The fragile ceasefire between Israel and Hamas collapsed into renewed violence on Tuesday, October 28, 2025, after Israeli Prime Minister Benjamin Netanyahu ordered what his office described as “immediate, powerful strikes” on Gaza. The decision followed accusations that Hamas had violated the U.S.-brokered truce by attacking Israeli troops

Amazon to Slash 14,000 Corporate Jobs as AI Investments Reshape Workforce

Amazon to Slash 14,000 Corporate Jobs as AI Investments Reshape Workforce

Amazon, the world’s largest online retailer and one of the most powerful technology companies on the planet, announced on Tuesday that it will cut approximately 14,000 corporate jobs as part of a sweeping restructuring effort aimed at accelerating its investments in artificial intelligence and cloud infrastructure. The layoffs,