Dollar rises as Turkish Lira sinks to record low
Turkish authorities detain President Tayyip Erdogan’s main political rival, triggering a sharp sell-off in the country's stocks and bonds
Humanoid robots could be mainstream in a few years, says Nvidia CEO
The sight of humanoid robots wandering around is just a few years away, not a five-year problem, says Jensen Huang
Musk’s xAI and Nvidia to join Microsoft to develop AI infrastructure
The group plans to invest over $30 billion in AI-related projects, making it one of the largest initiatives to fund data centers
Trump to host top US oil chief executives as trade wars loom
The meeting will mark Trump's first sit-down with oil and gas leaders since returning to the White House for a second term
Pfizer offloads Haleon shares in $3.24 billion deal
Haleon, the maker of Sensodyne toothpaste, Panadol painkillers, and Advil, agrees to repurchase 44 million shares from Pfizer
India’s Vodafone Idea in talks with Starlink for satellite services
The move comes a week after Starlink signed agreements with Bharti Airtel and Reliance Jio, to distribute satellite internet services in India
Japan Airlines adds 17 Boeing 737-8 planes to fleet
This order builds on its 2023 commitment to acquire 21 of the same model, replacing older Boeing 737-800s primarily used for domestic routes
Tesla gets first approval for California robotaxi service
However, the permit does not yet authorize Tesla to provide autonomous rides to the public
BOJ keeps interest rate unchanged at 0.5%
Governor Kazuo Ueda acknowledges that rising food costs and stronger-than-expected wage growth push inflation higher
Xiaomi raises 2025 EV delivery target to 350,000 units
The raised target reflects Xiaomi’s confidence in its EV business, which earned $4.4 billion last year with 135,000 SU7 deliveries
Swiss National Bank reduces foreign currency purchases in 2024
The central bank buys 88 million francs, down from 1.11 billion in the previous nine months
Tourism contributes 12% to UAE’s GDP in 2024, surpassing US and Europe
Dubai leads in hospitality growth with record visitors and new luxury developments
US will be hit by ‘high tariffs’ from other countries, China’s Global Times warns
BEIJING: US tariffs will inflict significant harm on the US economy as other countries hit back with “high tariffs” on American goods,...
Oil prices near two-week high amid Mideast tensions
Brent crude rises 0.4% to $71.32 per barrel, while U.S. West Texas Intermediate (WTI) crude climbs 0.3% to $67.75 per barrel
Alphabet to acquire Wiz for record $32 billion deal
Alphabet Inc. is set to acquire cybersecurity startup Wiz for $32 billion in an all-cash deal, marking the largest acquisition in the...