Oil soars over 1% as Trump orders blockade of sanctioned oil tankers leaving, entering Venezuela
Prices up but rally tempered by wider market oversupply; Prolonged disruption may lift heavy crude prices
AI boom seen lifting chipmaking equipment sales 9% to $126 billion in 2026
Taiwan to expand leading-edge chip capacity; South Korea invests in AI-driven memory chips by Samsung and SK Hynix
Apple in talks with Indian chipmakers to assemble, package iPhone components, ET reports
Apple in talks with CG Semi, Murugappa Group subsidiary, over OSAT facility in Gujarat
Trump orders ‘blockade’ of sanctioned oil tankers leaving, entering Venezuela
Oil prices rise over 1% after blockade announcement; Trump designates Venezuelan "regime" as foreign terrorist organization; Venezuela rejects "grotesque threat"
Gulf equities slide on weaker oil and global market decline ahead of U.S. data
Saudi and Qatari markets hit three-month lows as crude drops below $60 a barrel
Chip equipment sales set for strong growth on AI-driven capacity expansion
SEMI forecasts global wafer fabrication equipment market to reach $135 billion by 2027
India says no dumping in premium basmati rice exports to US
Trump last week warned India of more tariffs on rice, accused New Delhi of dumping exports in US market
Ford Motor retreats from EVs, takes $19.5 billion charge as Trump policies grip industry
$19.5 billion writedown includes $8.5 billion for cancelled EV models; Trump policies reduce federal support for EVs, affecting sales and demand
Dollar on defensive as traders eye delayed US jobs data
Markets eye central bank decisions as Bank of Japan seen hiking rates to 0.75% and Bank of England expected to cut to 3.75%
EU sanctions Canadian-Pakistani oil trader Murtaza Lakhani, others over links to Russia’s shipping network
Sanctions also target Lukoil-linked Valery Kildiyarov and list Etibar Eyyub, Anar Madatli, Talat Safarov over ties to Coral Energy, now 2Rivers Group
Musk’s net worth hits $600 billion, Forbes says, as SpaceX preps for IPO
SpaceX valuation will strengthen Musk's wealth by $168 billion to an estimated $677 billionÂ
Stocks slide as investors on edge ahead of data, central bank meetings
Investors await US jobs and inflation data for rate cut clues
Oil moves lower on Russia-Ukraine peace talks, weak China data
Brent crude futures fall 24 cents, or 0.40%, to $60.32; US WTI crude trades at $56.60 a barrel, down 22 cents, or 0.39%
Oil rises on fears of supply disruption as US-Venezuela tensions escalate
Brent crude futures rise 25 cents, or 0.4%, to $61.37; US WTI crude rises to $57.67 a barrel, up 23 cents, or 0.4%
Stocks slip ahead of central bank decisions, key data
Central banks including ECB, BOJ, BOE, Riksbank and Norges Bank due to meet
