Business

U.S. President Donald Trump has announced an agreement giving the United States majority control over more than 65 billion barrels of Venezuela’s proven oil reserves, establishing a potentially far-reaching U.S. role in the country’s energy sector.

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

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

U.S. President Donald Trump signed an executive order Friday evening imposing a new 10% global tariff on all imports.

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.

In a historic marker for the global financial landscape, the price of gold surged past the $4,000 per ounce level for the first time.

The United States has struck new trade deals with Japan, Indonesia, and the Philippines, just days before the Trump administration’s self-imposed August 1 tariff deadline.