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US stocks end higher on retail data

Stocks on Wall Street ended the week higher as investors reacted to the latest retail sales and inflation data. The Dow Jones Industrial Average rose 31 points to 22,871.72, and the S&P 500 edged up 2 points to 2,553.17. The Nasdaq index finished the final day of the week up 14 points

About 500 firms affected by steel scandal

Japan's Kobe Steel has increased the number of firms it says have been affected by its data fabrication scandal from 200 to 500. Reported on BBC. It also said it had found "inappropriate actions" relating to nine more products, including falsifying data. Earlier this week, Kobe admitted falsifying quality data on some

Egypt has been seeking foreign investments for the Suez Canal Economic Zone

Egypt’s Minister of Investment Sahar Nasr said that cooperation is ongoing between the ministry and the General Authority for the Suez Canal Economic Zone to attract nearly $30 billion in foreign direct investment to be allocated to infrastructure and logistics hubs in the Suez Canal Economic Zone within five years. The