Most Gulf markets in red on US tariff worries, Powell’s comments
Most stock markets in the Gulf ended lower on Wednesday as investors remained cautious, given the uncertainty over U.S. import tariffs and...
Trump calls on Fed to lower US interest rates
WASHINGTON: US President Donald Trump on Wednesday called for cutting interest rates, his latest intervention on a policy that is set by...
Elon Musk questions law firms opposing Trump’s federal funding cuts
The lawsuit, filed in Boston by 22 Democratic attorneys general, challenges reductions imposed by the National Institutes of Health
Alphabet CEO Sundar Pichai praises China’s DeepSeek AI
Alphabet remains a leading player in AI but recognized that other companies, including DeepSeek, are making significant progress, says Pichai
Adobe launches Firefly Video AI to compete with OpenAI and Runway
Adobe offers 20 clips for $9.99 and 70 for $29.99, while OpenAI charges $20 for 50 lower-resolution videos and $200 for longer, high-resolution content
OpenAI denies using Indian media content to train ChatGPT in court filing
The company defends its practices, asserting that it builds AI models using publicly available data under fair use principles
Trump’s crypto company unveils token reserve to stabilize digital assets
The announcement follows Donald Trump Jr.’s talk at the Ondo Summit on bridging crypto and retail investors
Oil prices drop 1% as U.S. crude stockpiles rise by 9.4 million barrels
The decline follows three consecutive sessions of gains, during which Brent rose 3.6% and WTI gained 3.7%
California requests $1 billion from insurers as wildfire claims rise
Insurers must pay the assessment within 30 days, which increases financial strain and market uncertainty
Russia says U.S. sanctions will not impact oil trade with India
Russia possesses the technology necessary to develop its resources and will continue to be a key player in the global oil market, says Russia's deputy energy minister
Oil prices rise as Russian and Iranian supply concerns persist
Brent crude futures rise 55 cents to $76.42 per barrel, while U.S. West Texas Intermediate crude gains 50 cents to $72.82
Musk’s $97.4B bid intensifies feud with OpenAI’s Sam Altman
Tensions between Musk and OpenAI grow as Trump announces a $500 billion OpenAI-led project at the White House, which Musk criticizes
New Zealand to loosen visa rules to lure foreign investors
SYDNEY: New Zealand will relax visa rules to attract more foreign investors, in efforts to stimulate economic growth, its centre-right government said...
Gulf markets end mixed amid renewed tariff threats
Stock markets in the Gulf ended mixed on Sunday as investors grew anxious about President Donald Trump’s revived trade tensions with China...
China’s consumer inflation at 5-month high, producer deflation persists
BEIJING: China’s consumer inflation accelerated to its fastest in five months in January while producer price deflation persisted, reflecting mixed consumer spending...