Gold Falls as Positive US-China Tariff Talks
Gold slipped on Monday as positive US-China trade talks alleviated market fears, leading investors to shift from safe-haven assets towards…
Category: FINANCE
US and China agree to slash tariffs for 90 days
The US and China have agreed a deal that will significantly cut the import tariffs, or taxes, both sides have…
UK’s Deliveroo bought by US DoorDash in £2.9bn deal
Deliveroo, the food delivery app, has agreed to be taken over by US giant DoorDash in a deal valuing the…
Oil Climbs $1 as Price Drop Triggers Buying
Oil gained more than $1 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a decision by…
Saudi Chambers Federation Organizes Saudi-Egyptian Business Forum
The Federation of Saudi Chambers and Egypt’s General Authority for Investment and Free Zones (GAFI) on Monday held the Saudi-Egyptian…
SABIC Expects Capital Expenditure of $4 Bn in 2025
Saudi Basic Industries Corporation (SABIC), one of the world’s largest petrochemical companies, reported a net loss of 1.21 billion riyals…
94% of UAE enterprises believe AI will enable long-term growth
As AI adoption accelerates across the UAE, business leaders are banking on its potential to drive long-term growth. A new…
China says wind and solar energy capacity exceeds thermal for first time
BEIJING – China’s wind and solar energy capacity has surpassed that of mostly coal-powered thermal for the first time, the…
Beijing accuses USA of ‘misleading the public’ about trade talks
BEIJING – China’s foreign ministry urged Washington on Friday to stop “misleading the public” on bilateral tariff negotiations, and said…
China Denies It Is Currently in Talks with Washington over Tariffs
Beijing on Thursday denied it has held trade talks with Washington despite repeated comments from the US government suggesting there…