Iran Says Trump’s Maximum Pressure Will Fail to Drive Its Oil Exports to Zero.
The new U.S. Administration’s maximum pressure campaign on Iran will fail – again – and will not achieve its goal to drive […]
Oxagon to host one of the world’s largest AI data centers as DataVolt invests $5bn.
Saudi Arabia is set to host one of the world’s largest artificial intelligence data centers following a $5 billion investment by DataVolt […]
Trump delays cancellation of de minimis trade exemption targeting China imports.
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption, a provision […]
Fortune 500 auto parts supplier Lear looks to slash some 15,000 jobs this year globally.
Auto parts supplier Lear is looking to further reduce headcount this year to protect profits amid a continued decline in vehicle production in North […]
Clean-energy company Freyr Battery says it’s abandoning plans to build a $2.6 billion factory in Georgia, which would’ve created 700 new jobs.
ATLANTA (AP) — A clean energy company is abandoning a plan to build a giant electric battery factory in Atlanta’s suburbs after it shifted […]
Uber stock jumps 7% after Bill Ackman reveals $2.3 billion stake
Bill Ackman thinks Uber shares are a bargain. The billionaire activist investor and CEO of Pershing Square Holdings revealed Friday that his firm has built […]
Oman’s property market expands 29.5% as foreign investment grows.
man’s real estate sector surged 29.5 percent in 2024, with total transactions reaching 3.3 billion Omani rials ($8.57 billion), driven by foreign […]
Closing Bell: Saudi main index edges up to close at 12,433
Saudi Arabia’s Tadawul All Share Index edged up on Thursday, gaining 19.18 points, or 0.15 percent, to close at 12,433.58. The total […]
Saudi e-commerce sales using Mada cards hit $53bn in 2024.
E-commerce sales using Mada cards in Saudi Arabia reached SR197.42 billion ($52.64 billion) in 2024, a year-on-year growth of 25.82 percent, according […]
Philippine lawmakers plan to approve bill to ban ore exports.
The Philippine Congress could ratify a bill banning raw mineral exports as soon as June, the Senate leader said on Thursday, a […]
Trump tariffs will cost U.S. carmakers billions and are a ‘bonanza’ for Asian competitors, warns Ford CEO Jim Farley
Ford CEO Jim Farley assured investors that his team has a plan to shield the company from the worst effects of Donald […]
Trump Media’s fintech platform is taking shape with 6 new ‘America First’ investment funds that will invest in the ‘Patriot Economy’
On Thursday, the Trump Media & Technology Group (TMTG) announced it had registered six trademarks for exchange-traded funds and separately managed accounts […]