Business news

US considers deal to let UAE import over a million advanced Nvidia c...

The Trump administration is in active talks to authorize the United Arab Emirates to import over a million Nvidia Corp’s most advanced artificial inte...

Brazil inks ethanol byproduct export deal with China, targets US fee...

Brazil has signed a trade protocol with China that will allow the export of distillers’ dried grains (DDGS), a high-protein ethanol byproduct us...

Trump in Saudi Arabia: Riyadh pledges $600 billion investment in US

US President Donald Trump has secured a staggering $600 billion investment commitment from Saudi Arabia during the first leg of his Gulf tour, accordi...

US stocks open mostly in the green: Nasdaq up 0.6%, S&P 500 up 0.3%

The S&P 500 traded near the flatline early Tuesday as investors paused to digest a softer-than-expected inflation report and assessed the market&#...

Trump’s Middle East trip: is this the privatization of American fore...

Donald Trump didn’t return to the Middle East for diplomacy. He came for deals.  This week, the president landed in Saudi Arabia to begin a tour...

Goldman Sachs, others boost S&P target as US-China trade deal lifts...

Just days after warning that the S&P 500 could fall another 20% due to a potential recession triggered by escalating tariffs, Goldman Sachs has re...

China’s economy gets reprieve: tariff reduction boosts short-term gr...

The 90-day tariff truce between the US and China is expected to increase shipments and production over the next three months. The de-escalation also p...

TRUMP and MELANIA plunge, Truth Social refutes meme token plans

Digital tokens traded in the red on Tuesday as the global cryptocurrency market cap lost 2.33% in the previous 24 hours to $3.29 trillion. While Bitco...

Denmark opens world’s first commercial e-methanol plant: here’s all...

Denmark launched the world’s first commercial-scale e-methanol plant on Tuesday.  Maersk, a major shipping company, will purchase some of t...

The new face of war: global defence budgets soar as drones redefine...

Global defence spending hit a record $2.72 trillion in 2024, marking the sharpest annual increase since 1988.  More than 100 countries raised the...

China lifts ban on Boeing jet deliveries after trade thaw with US: r...

China has quietly lifted a month-long ban on airlines taking delivery of Boeing Co. aircraft, Bloomberg reported on Tuesday citing people familiar wit...

US-China trade truce lifts China’s economic outlook and equities: th...

Asian equities climbed sharply on Tuesday, extending a global rally after the United States and China agreed to pause their trade war for at least 90...

Temporary tariff truce between US-China lifts industrial metal price...

Industrial metals, including copper and iron ore, saw positive price movements following an agreement between the US and China to temporarily reduce t...

India notifies WTO of intent to hit US goods with retaliatory tariff...

India has formally signaled its intention to levy retaliatory duties on a range of American goods, a direct response to the United States’ ongoi...

Brazil’s finance minister urges US to adopt more supportive stance t...

Brazil’s Finance Minister Fernando Haddad on Monday urged the United States to take a more liberal and strategic approach toward industrial developmen...

Trump claims China will open markets to US businesses, ease trade ba...

President Donald Trump said Monday that China “agreed to open” its markets to American businesses, following a mutual agreement to reduce tariffs betw...

Amazon, Tesla drive Magnificent Seven surge on US-China trade deal

News of a temporary truce between the United States and China over punitive trade tariffs sparked a broad-based rally in US pre-market trading led by...

US stock futures rally as US and China agree to a rollback in tariff...

Wall Street stock futures surged on Monday, the dollar strengthened, and gold prices dropped sharply as the United States and China struck a surprise...

US, China strike trade deal: key tariffs reduced, but some remain

Following discussions in Geneva, China and the US have agreed to a trade war truce, effective Wednesday, which will reverse most tariffs and other ret...

Gold faces potential further drops as US-China strike deal

Gold prices seem vulnerable to further declines after the yellow metal fell to a one and a half week low on Monday.  “The latest optimism over th...