Business

Ukraine Faces Delays in $2.1 Billion US Patriot Missile Deal Amid Urgent Need

Ukraine faces a challenging dilemma as it welcomes a $2.1 billion deal with the United States to acquire 500 Patriot PAC-3 missile interceptors, crucial for enhancing its air defense...

Alphabet’s Market Value Drops $500 Billion Amid Profit Shortfall and Rising AI Costs

Alphabet, the parent company of Google, has seen its market value plummet by approximately $500 billion following the...

Meta to Raise $95 Billion for AI Infrastructure Expansion Through Stock Offerings

Meta Platforms is set to raise $95 billion through stock offerings to bolster its artificial intelligence (AI) infrastructure...

Gulf Tensions Drive Oil Prices to Five-Month High Amid Supply Fears

Global oil prices have reached a five-month high due to escalating tensions in the Gulf region, sparking concerns...

US Electric Vehicle Policy Uncertainty Threatens Automotive Industry Competitiveness

Amid growing concerns about the United States' electric vehicle (EV) policies, automakers are grappling with uncertainty that could...

Advanced Trading Tech Fuels 7% Oil Price Spike Amid Iran-US Tensions

Oil prices experienced a significant surge, exceeding 7%, amid escalating military tensions involving Iran, the United States, and Saudi Arabia, which have sparked fears...

Trump Enacts Tariffs on Australian Tech Amid Forced Labour Allegations

The United States has introduced a 12.5% tariff on numerous Australian exports, citing insufficient measures by Australia to prevent goods made with forced labor...

US Trade Chief Highlights Tariffs’ Role in Tech Growth Amid Price Concerns

U.S. Trade Representative Jamieson Greer stood firm on the Trump administration's tariff policy during a recent Senate hearing, pushing back against accusations that these...

Trump Highlights Tech Role in Tariff Talks, Not Wildfire Solutions, with Lebanon

In a recent meeting with Lebanon's president, US President Donald Trump clarified that the proposed tariffs on Canadian goods are unrelated to the wildfires...

Trump Implements 50% Tariff, Impacting Canadian Tech and Innovation Goods

In a significant move on trade policy, US President Donald Trump has declared a 50% tariff on a wide range of Canadian imports, citing...

US House Approves $500M Boost for Taiwan’s Defense Tech and Innovation

The U.S. House of Representatives has successfully passed an appropriations bill for the upcoming fiscal year, which notably includes US$500 million in Foreign Military...