World Business NewsVenezuela’s oil shipments rebound in January as US licences ease export logjam
Exports jump to around 800,000 bpd after December collapse, with traders and US refiners driving recovery
Feb 3, 2026
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Reuters
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World Business News
World Business NewsMexico unveils $323bn public-private investment drive aimed at lifting growth
Government plans 5.6 trillion pesos in infrastructure partnerships through 2030, with near-term boost expected this year
Feb 3, 2026
World Business NewsIndia to ramp up purchases of US oil, arms, aircraft; open some farm access
Trump announces trade deal with India that slashes US tariffs to 18% from 50% in exchange for New Delhi halting Russian oil purchases
Feb 3, 2026
World Business NewsTrump announces creation of critical mineral reserve
Initiative will combine $10 billion in EXIM bank financing and $2 billion from the private sector, Trump says
Feb 3, 2026
AutomobileTesla introduces new Model Y variant in US priced at $41,990
Latest launch follows Tesla's October rollout of lower-priced "Standard" versions of the Model Y and Model 3 sedan
Feb 3, 2026
World Business NewsSpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions
Transaction values SpaceX at $1 trillion, and xAI at $250 billion; Investors in xAI will receive 0.1433 shares of SpaceX for every share of xAI as part of the acquisition
Feb 3, 2026
World Business NewsIndian refiners need wind-down period for Russian oil, sources say
US wants India to shift to Venezuelan oil; Indian refiners need time to end Russian oil imports; Shipments already booked would arrive in March, sources say
Feb 3, 2026
World Business NewsAsian stocks up, gold bouncing back in calmer trade
Japan's Nikkei jumps 2.5%; South Korea's KOSPI rises 4%; S&P 500 futures up 0.3%; Gold climbs 3% in Asia morning to $4,800 an ounce
Feb 3, 2026
World Business NewsOil steady as markets consider possible U.S.–Iran de-escalation, firm dollar
Brent crude futures rise 6 cents, or 0.1%, to $66.36, US WTI crude hit $62.24 per barrel, up 0.2%
Feb 3, 2026
World Business NewsGold rebounds more than 3% as US shutdown clouds economic outlook
Spot silver rises 5.9% to $84.09 an ounce; platinum climbs 3% to $2,183.64 per ounce
Feb 3, 2026
World Business NewsU.S., India seal trade deal cutting tariffs on Indian goods to 18%
Agreement follows Trump–Modi call, includes rollback of punitive duties and India’s commitment to shift energy purchases toward the U.S.
Feb 2, 2026
World Business NewsOracle says it plans to raise up to $50 billion in debt and equity this year
Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure, the software company said on Sunday.
Feb 2, 2026