Browsing: Business

WASHINGTON: U.S. President Donald Trump said the United States would impose a 25 percent tariff on goods imported from any country that continues commercial dealings with Iran, a sweeping declaration delivered without a signed executive order, published legal framework, or

MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among a small group of companies to reach that valuation threshold. The

MENA Newswire, NEW YORK: U.S. stock indexes ended Monday at record closing highs, with the Dow Jones Industrial Average and the S&P 500 posting modest gains, as investors balanced strength in select corporate shares against heightened political pressure on the

MENA Newswire, SAN FRANCISCO: Apple has entered into a multi year agreement with Google to integrate Google’s Gemini artificial intelligence models into Siri, marking one of the most significant partnerships between the two technology companies in recent years and a

NEW YORK: Credit card lenders and payments companies slid in U.S. trading after President Donald Trump publicly backed a proposal to impose a one year cap of 10 percent on credit card interest rates, a move that immediately unsettled financial

WASHINGTON: Senior executives from the largest U.S. oil companies have told President Donald Trump that they are not prepared to make firm investment commitments in Venezuela, underscoring continued caution toward the country’s energy sector despite renewed outreach from the White

MENA Newswire, KYIV: Ukraine has awarded development rights for the Dobra lithium deposit in the central Kirovohrad region to a consortium that includes TechMet, a U.S.-backed critical minerals investment firm, and U.S. billionaire Ronald S. Lauder, The New York Times

MENA Newswire, SAN FRANCISCO: OpenAI and SoftBank Group announced a joint investment of $1 billion in SB Energy, expanding a large-scale effort to build power and data center infrastructure to support artificial intelligence computing in the United States. The investment forms

CryptoWire, SAN MATEO, California: Global investment firm Franklin Templeton has said that stablecoins are likely to overtake Bitcoin in practical use, signaling a shift in how digital assets may function within financial systems. According to Roger Bayston, Head of Digital Assets

CryptoWire, LONDON: XRP traded lower on Friday following a brief rally sparked by Ripple Labs’ approval from the United Kingdom’s Financial Conduct Authority (FCA). The cryptocurrency, the world’s sixth-largest by market capitalization, fluctuated between $2.08 and $2.15 during the last