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...

Trump Raises Tariffs and Blasts His Own Supreme Court Picks in Extraordinary Outburst

In one of the most extraordinary public attacks on the judiciary in recent presidential history, President Trump on Saturday simultaneously announced a 15% global...

A Railway in Turkey, a Revival in Scunthorpe: British Steel’s Unlikely Good News Story

It is not the most obvious combination — a high-speed railway in Turkey and a steelworks in Lincolnshire — but for British Steel, the...

Why This Gas Price Spike Feels Different for the EV Industry

Every significant gas price increase generates renewed interest in electric vehicles, but industry observers say the current spike has a distinctive quality. It is...

US Oil Prices Remain a Major Concern for American Consumers as Iran War Enters Week Three

US oil prices remain a major concern for American consumers as the Iran war enters its third week, with another round of price increases...

$10 Billion to Washington: The Unprecedented Financial Toll of TikTok’s American Reinvention

The financial toll of TikTok’s reinvention as an American-owned platform is being paid primarily to the US government: $10 billion, committed by investors Oracle,...

Trillion-Dollar SpaceX Debut: Nasdaq Leads the Race

SpaceX is weighing a Nasdaq listing for an IPO that could be valued at an unprecedented $1.75 trillion. This would rank as the largest...