World Business NewsSaudi Arabia cuts December oil prices for Asia as OPEC+ boosts output
Aramco sets its December official selling price at $1 per barrel above the Oman and Dubai average
Nov 6, 2025
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World Business News
World Business NewsOil flat as weak demand, oil glut weigh on market
Brent crude futures rise 2 cents, or 0.03%, to $63.54; US WTI futures remain flat at $59.60 a barrel
Nov 6, 2025
World Business NewsUS orders 10% flights cut at major US airports due to shutdown
FAA may take further steps if air traffic issues persist; Shutdown causes staffing shortages, flight delays, longer security wait times
Nov 6, 2025
World Business NewsGulf markets slip as global tech sell-off triggers valuation fears
Regional indices follow Wall Street’s downturn amid stretched equity valuations; Saudi stocks extend losses while Egypt’s benchmark hits a record high.
Nov 5, 2025
World Business NewsTesla’s German sales plunge 53% in October as BYD surges ninefold
Despite a sharp decline for Tesla, Germany’s overall electric vehicle market jumped nearly 48% year-on-year, driven by strong gains from Chinese automaker BYD.
Nov 5, 2025
World Business NewsChina seeks $4 billion through dollar bonds amid thaw in U.S. trade tensions
Beijing’s largest dollar bond sale in four years follows a temporary truce in the U.S.-China trade war and easing of mutual tariffs.
Nov 5, 2025
World Business NewsTrump, Modi speak frequently as trade talks continue, White House says
White House spokeswoman Karoline Leavitt confirms ongoing serious discussions between US President and his trade team with India
Nov 5, 2025
World Business NewsNvidia joins India Deep Tech Alliance with $850M pledge to boost local startups
Nvidia teams up with Qualcomm, Activate AI, and other investors to support India's deep-tech ecosystem, focusing on AI, semiconductors, and robotics.
Nov 5, 2025
World Business NewsOil prices fall amid broader market selloff, gains in US crude stockpiles
Brent crude futures fall 36 cents, or 0.56%, to $64.08; US WTI crude declines 40 cents, or 0.66%, to $60.16
Nov 5, 2025
World Business NewsChina confirms suspension of 24% tariff on US goods, retains 10% levy
Beijing will also lift some tariffs of up to 15% on US agricultural goods from November 10
Nov 5, 2025
World Business NewsU.S. Treasury Chief sees future possibility of Nvidia’s Blackwell chips being sold to China
Bessent says rapid innovation could make current models less sensitive over time
Nov 5, 2025
World Business NewsU.S. auto sales drop as EV demand slumps after subsidy expiry
Labor market slowdown and tariff concerns weigh on outlook
Nov 5, 2025