Japan’s top refiners cut green investments as costs soar
Global energy sector re-emphasizes fossil fuels amid concerns over energy security, cost inflation, and policy uncertainty
U.S.–China container bookings surge nearly 300% after tariff pause
German shipping firm Hapag-Lloyd also reports a 50% week-on-week increase in U.S.-China traffic in the early days of the week
Perplexity AI partners with PayPal to enable in-chat purchases
The collaboration lets users make purchases, book travel, or buy tickets directly through Perplexity Pro using PayPal
Qatar to invest $10 billion in largest U.S. Middle East military base, Trump says
Qatar also signs $42 billion worth of defense deals with the US
Netflix’s ad-supported tier reaches 94 million users globally
However, Netflix’s international content strategy faces challenges from potential tariffs on foreign-made films
Europe’s top retailers urge EU to curb Visa and Mastercard fees
The complaints come as the EU continues exploring long-term alternatives to reduce reliance on non-European payment systems
Google warns U.S. retailers as Scattered Spider hackers shift focus from UK
Law enforcement struggles to rein in the group due to its loose structure, young members, and limited victim cooperation
Aramco signs $90 billion in preliminary deals with U.S. giants amid Trump visit
Aramco is set to collaborate with Amazon Web Services on digital transformation and carbon reduction initiatives
Qatar Airways places largest order for 160 Boeing twin-aisle jets during Trump visit
Deal includes firm orders for 30 Boeing 777X and 130 787 jets worth $96 billion; GE Aerospace engines chosen over Rolls-Royce for 787s; Largest widebody deal for both Boeing and GE Aerospace
U.S. and Qatar ink agreements worth $1.2 trillion, deepening economic and defense ties
Qatar Airways signs $96 billion deal for Boeing aircraft, while $38 billion in potential defense investments at Al Udeid Air Base signal expanded military cooperation
Oil prices dip as traders await U.S. inventory data
Brent crude futures slip 1.1% to $65.88 a barrel, while U.S. West Texas Intermediate crude falls 1.2% to $62.92
Dollar declines against yen, remains under pressure after weak CPI data
Dollar index, which measures the currency against six major peers, decreases by 0.40% to 100.58
U.S. smartphone shipments surge 30% in March ahead of tariff concern
Apple, Samsung, and Motorola rush to bring more devices into the country ahead of anticipated import tariffs
Waymo recalls over 1200 self-driving vehicles over software issues
The company confirms 16 incidents between 2022 and late 2024, where vehicles collided with chains, gates, and other barriers
Xiaomi faces declining SU7 orders amid consumer backlash
Company’s momentum falters in recent weeks after a fatal accident involving the SU7, which is still under investigation