World Business NewsOil prices recover slightly after steep Monday drop
Brent futures rise by 0.5% to $64.54 per barrel, while U.S. West Texas Intermediate crude increases by 0.7% to $61.11
Apr 8, 2025
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World Business News
World Business NewsU.S. dollar drops against yen, Swiss franc on tariff concerns
The dollar loses 0.6% against the Japanese yen, reaching 146.95 yen, its lowest point in six months. It also falls 0.7% against the Swiss franc
Apr 8, 2025
HeadlinesPakistanis eligible for five-year UAE visas after issue resolution, says envoy
The new visa policy follows increased scrutiny of Pakistani travelers due to concerns over begging and other unlawful activities
Apr 8, 2025
TechU.S. senators scrutinize Microsoft, Google’s AI cloud partnerships
Senators express concerns that such corporate partnerships may discourage competition and bypass antitrust laws
Apr 8, 2025
TechMeta adds new privacy and parental controls for teens
Under the new privacy measures, teens under 16 will need parental consent to go live on the platform
Apr 8, 2025
TechU.S. Justice Department shifts crypto policy focus under new directive
Regulatory violation charges under banking, securities, or commodities laws must now show clear evidence of willful misconduct before proceeding
Apr 8, 2025
HeadlinesIGI withdraws acquisition bid for 40.63% stake in Mitchell’s Fruit Farms
Sellers reject offer after due diligence; IGI joins list of suitors backing out
Apr 8, 2025
World Business NewsArgentina nears $20 billion IMF deal to rebuild reserves
The 'mountain of dollars,' as President Milei describes it, provides liquidity to lift foreign exchange restrictions in place since 2019
Apr 8, 2025
World Business NewsTaiwan activates $15 billion stabilization fund after market slump
Taiwan’s finance ministry says the fund, which holds around T$500 billion in assets, steps in "as appropriate" to stabilize trading
Apr 8, 2025
TechEU decision on Apple, Meta tech rule breaches expected in weeks
Both companies are expected to face modest fines if found guilty of violating the DMA
Apr 8, 2025
World Business NewsMusk fails to convince Trump to reverse tariffs
Musk calls for zero tariffs between the U.S. and Europe during a virtual address at a League Party congress in Italy
Apr 8, 2025
World Business NewsEU Commission President urges China to address U.S. tariff impact
During a call with Premier Li Qiang, von der Leyen emphasizes Europe and China’s responsibility to support a fair, reformed trading system
Apr 8, 2025