China announces 84% tariffs on US goods in showdown with Trump. Europe also hits back
China unveiled retaliatory tariffs of 84% on imports of US goods on Wednesday, matching additional tariffs imposed by US President Donald Trump ear ...
Oil prices tumble to four-year low as US-China trade war fuels recession fears
Crude oil prices plunged to a fresh four-year low as the US-China trade war escalated. Other economic-growth-sensitive commodities, including iron ...
Aquila Group to open Middle East office in Abu Dhabi
Hamburg-based investment firm Aquila Group is expanding its operations with a new office in Abu Dhabi in the United Arab Emirates as it targets gro ...
Oil prices climb 1% after heavy US tariff-driven selloff
Oil prices were up around 1% on Tuesday, rebounding from a near four-year low in the previous session on concerns that U.S. tariffs might depress d ...
Abu Dhabi records 9% growth in non-oil foreign trade
Abu Dhabi Customs has reported a 9 per cent increase in the emirate’s non-oil foreign trade in 2024, reaching AED 306 billion, up from AED 28 ...
UAE’s outstanding bonds, Sukuk reach $309.4 billion by Q1 2025: Fitch
UAE's outstanding bonds and Sukuk surged to $309.4 billion by Q1 2025, marking an 8.3 percent year-on-year increase, according to Fitch Ratings. ...
Aim Congress 2025: UAE doubles down on sustainable investment pledge amid global challenges
The UAE is doubling down on its commitment to foster economic growth through sustainable investment, which it hopes will be a model for others to f ...
Oil Market Faces 'Quadruple Whammy'
The oil market has faced a “quadruple whammy”, Ole R. Hvalbye, Commodities Analyst at Skandinaviska Enskilda Banken AB (SEB), said in a ...
Gold Rush in China: A Response to Trump's Tariff Turmoil
As the global economy grapples with the ripple effects of former President Donald Trump's sweeping tariff policies, China has emerged as a key play ...
Sustained Growth in UAE's Non-Oil Private Sector: March Insights
The United Arab Emirates' non-oil private sector demonstrated continued expansion in March, reflecting the resilience of the nation's diversified e ...
10% tariff begins, Musk calls for US-Europe 'zero-tariff situation'
American customs officials began collecting the new 10% tariff on imports from many countries on Saturday morning after the US stock market saw its ...
US starts collecting Trump's new 10% tariff, smashing global trade norms
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher lev ...
Oil dives 7% to lowest in over 3 years on China's tariffs
Oil prices plunged 7% on Friday to settle at their lowest in over three years as China ramped up tariffs on U.S. goods, escalating a trade war that ...
Wall Street ends with heavy losses on fears Trump tariffs will trigger recession
Wall Street benchmarks slumped on Thursday, ending with the largest one-day percentage losses in years, as U.S. President Donald Trump's sweeping t ...
China vows to counter Trump’s ‘bullying’ tariffs as global trade war escalates
China has vowed to hit back after President Donald Trump announced major new tariffs on its exports to the United States as part of his radical ove ...
Trump's auto tariffs to cover more than $460 billion of US vehicle, parts imports
U.S. President Donald Trump's 25% auto tariffs will cover more than $460 billion worth of imports of vehicles and auto parts imports annually, acco ...
Canadians' demand for U.S. travel is cratering
Canadians' desire to visit the U.S. is absolutely tanking, new data suggests. President Trump's tariffs and insistence that Canada should b ...
Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold
Huawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated. Huawei reported ...
Trump Threatens Russia Oil Penalties Citing Anger at Putin
President Donald Trump said he’s “pissed off” at Russian President Vladimir Putin and would consider “secondary tariffs&rdq ...
Trump’s 25% car tariff ignites international criticism
US President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the upon regaining the ...
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