Oil prices drop 6% as OPEC+ moves to increase output

Brent crude drops $4.51, or 6.02%, to $70.44 per barrel, while U.S. West Texas Intermediate (WTI) falls $4.63, or 6.46%, to $67.08

Papa John’s CEO sees AI as key to operational growth

Additionally, the company will introduce a new online chatbot and allow customers to place orders through virtual assistants

Amazon challenges French book delivery fee at EU court

The measure, introduced in October 2023, charges a three-euro fee on book deliveries for purchases under 35 euros

Spain announces 14.1-billion euro plan to mitigate U.S. tariff impact

The plan includes 7.4 billion euros in new financing, with the remaining funds coming from existing instruments such as soft loans

Amazon joins the race to buy TikTok

Earlier this year, Amazon even tested a TikTok-like short-form video feed called Inspire, though it was shut down

IMF sees Japan achieving 2% inflation target sustainably

Japan's headline inflation stands at 3.7% in February, remaining above the BOJ's target for nearly three years, mainly due to persistently high food costs

Trump ends duty-free status for low-value packages from China

Over 90% of incoming parcels qualify for duty-free entry, with 60% coming from China, mainly through platforms like Temu and Shein

Hyundai won’t raise U.S. prices despite new tariffs, says co-CEO

We have seen the tariff announcement, and we are evaluating the impact, says Jose Munoz

Oil prices rise as investors focus on potential trade war impact

Brent crude futures climb 0.2% to $74.62 per barrel, while U.S. West Texas Intermediate crude gains 0.4% to $71.51 per barrel

Dollar falls as markets brace for Trump’s tariff announcement

The dollar index declined 0.2% to 103.98, adding to its 3.1% slump in March, which was its worst monthly showing since November 2022

Russia restricts Black Sea oil exports

This follows the closure of two moorings at the Caspian Pipeline Consortium (CPC) earlier in the week

Dubai to launch self-driving taxis by 2026

The city is set to revolutionize its transportation system with autonomous vehicles, starting with a pilot program this year ahead of the full commercial launch.

Billionaire boom: Forbes’ list crosses record 3,000 ultra-wealthy individuals

Musk tops the list as concerns for economic inequality and wealth distribution loom larger than ever

Trump set to announce sweeping tariffs, risking global trade war

New reciprocal tariffs likely to take effect immediately, with 25% auto import duties from April 3

Commodity giants tighten supply chain grip with major asset spree

Windfall profits from energy crisis are fueling expansion into metals, biofuels and infrastructure, including acquisitions in Pakistan