HUMAIN’s CEO Will Launch $10 Billion Venture Capital Fund
HUMAIN, Saudi Arabia’s new AI start-up backed by the Public Investment Fund (PIF), will launch a $10 billion venture capital fund as part of the…
Category: BUSINESS
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Gold Falls as Firmer Dollar Adds to Pressure
Gold prices declined more than 1% on Tuesday as the dollar’s reversal to trade higher added to the pressure on the safe-haven asset following US…
Nvidia revenues surge despite tariff uncertainty
Nvidia reported a huge boost to its revenues in the first quarter of the year, with sales of its chips rising more than 69% compared…
US trade court blocks Trump’s sweeping tariffs. What now?
A US federal court has blocked President Donald Trump’s sweeping global trade tariffs, in a major blow to a key component of his economic policies.…
G7 Glosses over Tariffs, Pledges to Cut Global Economic Imbalances
Finance ministers and central bank governors from the Group of Seven democracies papered over their differences on Thursday, pledging to tackle “excessive imbalances” in the…
EU plans €2 fee on small parcels in hit to Shein and Temu
The European Union has proposed a two-euro flat fee on billions of small parcels sent directly to people’s homes, which mainly come from China at…
Kuwait Plans to Return to Globat Debt Market
Kuwait plans to return to the global debt market this year and is expected to borrow between $10 to $20 billion during the current fiscal…