Honda’s new EV production revolution begins with $1 billion investment in Ohio.
Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio. Honda is […]
Trump tariffs take aim at trade loophole used by Chinese online retailers like Temu and Shein.
President Donald Trump’s tariffs against China, Canada and Mexico target a trade provision that helped fuel the explosive growth of budget online retailers, including […]
Bitcoin slides toward $90,000 after Trump orders tariffs.
Cryptocurrencies tumbled on Sunday in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The […]
Trump’s antitrust cops just signaled that big US mergers won’t get a free pass.
he new Trump administration in its second week provided an early sign that American companies won’t get a free pass when it […]
Saudi Electricity to settle $1.5bn in historical obligations to the state.
The Saudi Electricity Co. will settle its historical obligations to the state, totaling SR5.687 billion ($1.5 billion), following an executive panel approving […]
Saudi brokerage firm Derayah Financial sets IPO price range at up to $8 per share.
Saudi Arabia’s independent digital investment platform Derayah Financial Co. has set the price range for its initial public offering at SR27 ($7.20) […]
Oman trade surplus grows 2% in November to reach $18.5bn .
Oman’s trade surplus rose 2 percent year on year by the end of November, reaching 7.14 billion Omani rials ($18.5 billion), up […]
Saudi stc Group tops MENA telecom operators with $57.7bn market cap.
Saudi Arabia’s stc Group has emerged as the largest listed telecom operator in the Middle East and North Africa, with a market […]
Atlassian closes at highest since 2022 after reporting better-than-expected earnings, revenue outlook.
Atlassian shares popped 14.9% after the software company blew past Wall Street’s fiscal second-quarter earnings and guidance expectations. The stock hit a fresh […]
Italy’s Monte dei Paschi launches surprise 13-billion-euro bid for larger peer Mediobanca.
Italy’s bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro ($13.95 billion) all-share takeover offer for larger domestic peer Mediobanca. Shares […]
Jeff Bezos and Elon Musk might be ‘best friends,’ and now Amazon reportedly plans to buy ads on X
Amazon is boosting its advertising spend on X, a year after many brands sought to leave after Elon Musk took ownership of the […]
Amazon is jumping on the DeepSeek wave to boast about its AI game. But the real test will be its upcoming earnings.
DeepSeek’s recent release of its powerful R1 AI model, and its claims of the comparably low costs it says it spent to […]