Oil flat as weak demand, oil glut weigh on market

Brent crude futures rise 2 cents, or 0.03%, to $63.54; US WTI futures remain flat at $59.60 a barrel 

US orders 10% flights cut at major US airports due to shutdown

FAA may take further steps if air traffic issues persist; Shutdown causes staffing shortages, flight delays, longer security wait times

Gulf markets slip as global tech sell-off triggers valuation fears

Regional indices follow Wall Street’s downturn amid stretched equity valuations; Saudi stocks extend losses while Egypt’s benchmark hits a record high.

Tesla’s German sales plunge 53% in October as BYD surges ninefold

Despite a sharp decline for Tesla, Germany’s overall electric vehicle market jumped nearly 48% year-on-year, driven by strong gains from Chinese automaker BYD.

China seeks $4 billion through dollar bonds amid thaw in U.S. trade tensions

Beijing’s largest dollar bond sale in four years follows a temporary truce in the U.S.-China trade war and easing of mutual tariffs.

Trump, Modi speak frequently as trade talks continue, White House says

White House spokeswoman Karoline Leavitt confirms ongoing serious discussions between US President and his trade team with India

Nvidia joins India Deep Tech Alliance with $850M pledge to boost local startups

Nvidia teams up with Qualcomm, Activate AI, and other investors to support India's deep-tech ecosystem, focusing on AI, semiconductors, and robotics.

Oil prices fall amid broader market selloff, gains in US crude stockpiles

Brent crude futures fall 36 cents, or 0.56%, to $64.08; US WTI crude declines 40 cents, or 0.66%, to $60.16

Stocks tumble as stretched valuation fears grip markets

SINGAPORE: Asian stocks dived on Wednesday and market volatility surged to levels not seen since April after an overnight tech-led selloff on...

China confirms suspension of 24% tariff on US goods, retains 10% levy

Beijing will also lift some tariffs of up to 15% on US agricultural goods from November 10

U.S. Treasury Chief sees future possibility of Nvidia’s Blackwell chips being sold to China

Bessent says rapid innovation could make current models less sensitive over time

U.S. auto sales drop as EV demand slumps after subsidy expiry

Labor market slowdown and tariff concerns weigh on outlook

Gulf stocks close lower as oil weakens, rate cut hopes fade

Saudi index falls for fourth straight session; Egypt hits all-time high

Oil slips on oversupply concerns after OPEC+ output plans

Brent crude futures fall 15 cents, or 0.2%, to $64.74; US WTI crude drops 14 cents, or 0.2% to $60.91 a barrel

Asia stocks retreat from record highs on profit taking; US dollar gains

Tech drives initial rally, but stock traders cautious after weak US data