Business

Anthropic investors are preparing to back a valuation of $2 trillion or more when the artificial intelligence company goes public in October, a figure that would surpass SpaceX’s record IPO valuation and make the Claude developer’s debut the largest...

Elon Musk has become the first person in history to surpass a net worth of $1 trillion, following the public market debut of SpaceX on the Nasdaq.

UAE telecommunications group e& has agreed to sell part of its stake in Careem Technologies to Uber Technologies for $100 million in cash

Demand for electric vehicles across Europe has surged following a sharp rise in fuel prices linked to the Iran war

United Arab Emirates will withdraw from Organization of the Petroleum Exporting Countries (OPEC) on May 1, 2026

Google has announced plans to invest up to $40 billion in artificial intelligence startup Anthropic PBC

Brent crude surged above $105 per barrel this week as escalating tensions between the United States and Iran disrupted traffic through the Strait of Hormuz, a critical global oil route. The benchmark settled at $105.07 on Thursday and held near...

Global financial markets experienced a significant retreat this week as a wave of speculative concern regarding AI) disruption moved beyond the technology sector to impact logistics, real estate, and traditional finance.

Chinese automotive powerhouse BYD has officially dethroned Tesla to become the world’s leading seller of electric vehicles on a calendar-year basis.

Apple has become only the third publicly traded company in history to briefly crack the $4 trillion market value milestone.