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Saturday, March 22, 2025

Business

Taiwanese chip giant TSMC to invest $100 billion in US

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker, has announced a major investment of $100 billion to expand its manufacturing capabilities in the United States.

Trump agrees to pause tariffs on Canada and Mexico for 30 days but not on China

U.S. President Donald Trump has agreed to delay imposing 25% tariffs on Canada and Mexico for 30 days after reaching separate agreements with the two North American neighbors, easing trade tensions. The 30-day reprieve came after both Canada and Mexico...

Global markets slide as Trump announces new tariffs on Canada, Mexico and China

Stocks in Europe and Asia fell sharply after US President Donald Trump imposed tariffs on Canada, Mexico, and China, while also vowing to target the European Union.

OpenAI, SoftBank and Oracle to invest $500 billion in AI infrastructure project in US

American President Donald Trump revealed a new partnership involving OpenAI, Oracle, and SoftBank, which aims to invest up to $500 billion in infrastructure projects related to artificial intelligence.

Honda, Nissan and Mitsubishi begin talks to create world’s 3rd largest automaker

Honda and Nissan have formally entered talks on a possible merger by summer 2026, a deal that would create the world’s third-largest automaker.

Oman Investment Authority acquires stake in Elon Musk’s xAI

The Oman Investment Authority (OIA) has announced a strategic investment in xAI, the artificial intelligence company founded by Elon Musk.

Archer raises $430 million and teams up with Anduril to develop hybrid VTOL aircraft for defense

Archer Aviation, a cutting-edge aviation startup, secured $430 million to develop a hybrid vertical take-off and landing (VTOL) aircraft for critical defense applications

World’s 25 Richest Families in 2024: Waltons claim the top spot, UAE royalty ranks second

The Walton family, renowned for founding retail giant Walmart, has been crowned the wealthiest family in the world

India signs $100 billion free trade deal with 4 European countries

India has signed a trade agreement with four-member European trade bloc European Free Trade Association (EFTA), which includes Norway, Switzerland, Iceland, and Liechtenstein.

More than $100 billion aviation deals signed at Dubai Airshow 2023

UAE recently concluded up a successful Dubai Airshow 2023 witnessing significant aviation deals worth more than $100 billion and key industry announcements.

Latest News

Tesla faces rising violent attacks and protests amid Elon Musk’s prominent role in Trump administration

Tesla, one of the companies led by billionaire Elon Musk, is facing a sharp rise in violent attacks on its vehicles, showrooms, and charging stations across the U.S. and abroad.