Business

AI and Chip Stocks Drop, Pulling Down S&P 500 and Nasdaq

The US stock market wrapped up the week with mixed results, marked by a downturn in the S&P 500 and Nasdaq as investors pulled back from artificial intelligence and...

Rubio Consults Gulf Leaders Amid Worries Over $300B Iran Rebuilding Fund

US Secretary of State Marco Rubio has embarked on diplomatic discussions with Gulf allies concerning a proposed $300...

Japan, Saudi Arabia Forge New Business Alliances in Riyadh Talks

In Riyadh, officials from Saudi Arabia and Japan convened to discuss the expansion of economic cooperation and the...

Saudi Arabia Seeks European Investment for $2.5 Trillion Mining Ventures

Saudi Arabia is putting a spotlight on significant investment prospects in its mining and industrial sectors, as highlighted...

Saudi Arabia, Hong Kong Intensify Business and Investment Collaboration Efforts

In a bid to enhance economic relationships, Hong Kong and Saudi Arabia are actively exploring opportunities to broaden...

Oil Industry Offers Cautious Reaction to Trump’s Venezuela Announcement

President Trump’s proclamation that American oil companies will spend billions rebuilding Venezuela’s energy infrastructure has produced remarkably muted reactions from industry leaders. Despite Trump’s...

Global Oil Industry Struggles Through Third Year of Losses

The world’s energy markets have experienced their most severe annual performance since the coronavirus pandemic, with oil prices tumbling nearly 20% during 2025. The...

Trump’s Reassurances and Threats Create Volatile Week for Oil Markets

Global oil prices saw an extraordinary 24-hour cycle, dropping sharply after Donald Trump reassured markets while simultaneously warning of future strikes. After Brent crude...

Oil Blazes Past $100 as Iranian Missiles Rain Down on Saudi Arabia

Saudi Arabia found itself under intense Iranian fire over the weekend, intercepting 15 drones in a single day while two of its civilians were...

Factories Face Fuel Crisis as Oil Tops $90 and Manufacturing Costs Spiral

Factories and manufacturers around the world are bracing for a severe fuel cost crisis as oil surges past $90 a barrel following the Iran...

The Human Cost Behind the Market Numbers

Behind the dramatic market numbers that dominated Monday’s financial headlines, there is a human story that deserves equal attention. While traders watched gas prices...