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...
Apple loses appeal against stricter regulations in Germany
This decision solidifies the ongoing scrutiny Apple faces, particularly in regard to its App Store practices
AstraZeneca to buy EsoBiotec for up to $1 billion
Drugmaker AstraZeneca said on Monday it will buy biotechnology firm EsoBiotec for up to $1 billion.
EsoBiotec’s Engineered NanoBody Lentiviral (ENaBL) platform can...
Fed officials prepare to lay down marker on impact of Trump policies
WASHINGTON: New economic projections from Federal Reserve officials this week will provide the most tangible evidence yet of how U.S. central bankers...
BMW to integrate Huawei smart-connect system into its China-made cars in 2026
BEIJING: BMW Group will integrate Huawei HiCar, the Chinese tech conglomerate’s car mobile app connecting devices with vehicles, into its locally produced...
China’s Ecarx explores US entry, in talks with VW to develop smart cars for Europe, CEO says
SHANGHAI: Volkswagen is in talks with digital cockpit system developer Ecarx to put the Chinese company’s technologies in cars it sells in...
Dubai declines over new tariff threats, oil holds Abu Dhabi
Dubai’s index declined on Friday, driven by losses in heavyweight real estate sector stocks as U.S. President Donald Trump’s latest tariff threats...
Global LNG: Asian spot LNG prices dip amid tepid demand
SINGAPORE: Asian spot liquefied natural gas (LNG) prices slipped this week to a three-month low, as tepid demand in the region persists...
Tesla warns it could face retaliatory tariffs
EV maker urges caution as Trump considers new auto import duties
Tesla working with Baidu to improve assisted driving system in China, sources say
SHANGHAI/BEIJING: Tesla is working with Chinese tech giant Baidu to improve the performance of its advanced driving assistance (ADAS) system in China,...
UAE-backed investor buys into Binance with $2bn crypto stake in one of the industry’s largest deals
Abu Dhabi's MGX to acquire minority stake in Binance; $2bn investment made in stablecoin, not dollars
Amazon, Google sign pledge to support tripling of nuclear energy capacity by 2050
Major companies such as Amazon and Google on Wednesday signed a pledge to support the goal of at least tripling the world’s...
Bank of Canada cuts key rate by 25 basis points to 2.75%
Inflation is projected to reach 2.5% in March, up from 1.9% in January, as a temporary sales-tax break expires