Oil prices stabilize as U.S. tariffs and OPEC+ plans weigh on markets
Brent futures rise by 0.4% to $69.58 a barrel, while U.S. West Texas Intermediate (WTI) crude increases by 0.5% to $66.63
EU prosecutors charge Greek livestock farmers over 2.9 million euros fraud
The suspects, numbering around 100, falsely claim ownership or lease agreements for pastureland they do not own or lease
China raises grain production target to 700 million metric tons
China aims to stabilize sugar, cotton, and rubber production while refining grain pricing and introducing minimum prices for rice and wheat
Trump grants one-month exemption on tariffs for automakers
The reprieve eases concerns for automakers that rely on cross-border production
Musk proposes privatization of U.S. Postal Service and national rail service
Musk argues that any government service that can be privatized should be
China submits revised request to WTO over U.S. tariffs
If no resolution is reached within 60 days, China may request adjudication by the WTO’s dispute settlement body
U.S. oil exports to India reach two-year high
The U.S. exports 357,000 bpd of crude to India in February, up from 221,000 bpd last year
UAE non-oil business sector maintains steady growth in February, PMI shows
DUBAI: The UAE’s non-oil private sector growth in activity held steady in February driven by strong demand and output, a survey showed...
DeepSeek, AI model a transformative approach to global innovation,” Says Zhou Hongyi
BEIJING: In the rapidly evolving landscape of Artificial Intelligence (AI), open-source models are emerging as a powerful catalyst for technological democratization and...
EU plans law fair vehicle data access for insurers and leasing companies
The data includes information on driving habits, fuel consumption, and tyre wear
Meta, TikTok, and Snapchat urge Australia to reconsider YouTube’s social media exemption
The exemption allows YouTube to remain accessible to children through family accounts with parental supervision rights
Tesla offers RMB 8,000 insurance subsidy for Model 3 buyers in China
Tesla China’s total sales reach 93,926 vehicles in January-February 2025, down 28.74% from 131,812 units in 2024
Trump to launch new White House office focused on shipbuilding
Offering tax incentives for commercial and military shipyards, the initiative aims to reduce reliance on foreign production
New Zealand central bank governor Adrian Orr resigns
The sudden resignation raises questions about the future of New Zealand’s monetary policy amid post-pandemic recovery
South Korea to invest $34 billion in semiconductors, AI, and EV batteries
The government plans to provide low-interest loans and equity investments to companies, regardless of their size, in strategic sectors