Trump US to levy 100% tariff on imported chips, some firms exempt
President Donald Trump said the US will impose a tariff of about 100 percent on imports of semiconductors but offered up a big exemption —…
Category: BUSINESS
BUSINESS, BUSINESS NEWS, Fince, Banks, Banking, International business, Trade,
Vision 2030 Boosted Saudi Arabia’s Ability to Reassess Spending
Saudi Arabia’s Ministry of Finance said the kingdom is now better equipped to reassess its spending priorities during times of economic uncertainty, crediting reforms under…
Fitch-rated sukuk surpasses $210bn as market expands 16%
The value of sukuk rated by Fitch Ratings exceeded $210 billion in the first half of 2025, marking a 16 percent increase from a year…
Tesla Sales Fall More Than Half in Two of Europe’s Biggest Car Markets
Tesla’s new car registrations in Britain and Germany, Europe’s biggest auto markets, more than halved in July from a year earlier, despite growth in the…
Japan’s Ishiba signals Talks with Trump for Cuts to US Auto Tariff
Japanese Prime Minister Shigeru Ishiba said on Monday he will not hesitate to hold talks with President Donald Trump to ensure an agreed cut to…
Saudi Banking Sector Posts Highest Quarterly Profits in Its History
Saudi Arabia’s banking sector has achieved record-breaking quarterly earnings, reporting its highest-ever profits during the second quarter of 2025. According to financial disclosures, profits surged…
Formula E Partnership with Saudi Arabia
Formula E’s partnership with Saudi Arabia and the Kingdom’s Public Investment Fund (PIF) is emerging as a global benchmark for redefining the future of sustainable…
Which economies in Asia were hit hardest with Trump tariffs
Economies in Asia were among those hit hardest by tariffs announced by US President Donald Trump on “Liberation Day” in April. From traditional US allies…
Tariff deal not finished yet say Europeans with Trump’s terms
It was all handshakes and smiles when European Commission chief Ursula von der Leyen and US President Donald Trump announced that a EU-US trade agreement…
Trump presses ahead with 30% tariff on South Africa
South African products exported to the US will face a 30% tariff from 7 August, President Donald Trump has announced. South Africa is the only…