Worldwide

UK and India sign major trade deal to boost bilateral trade by $34 billion

Deal will increase UK's GDP by $6.43 billion and wages by $2.94 billion each year

Crude oil prices rebound to $61.20 as price drop sparks buying; oversupply concerns persist

Brent crude futures reached $61.20, while U.S. West Texas Intermediate settled at $58.05 a barrel

Dubai 24-carat gold prices up AED8; global rates surpass $3,360 amid safe-haven demand

Market analysts predict that any dovish signals from the Fed could further support gold prices

Fed to refrain from cutting interest rates as economic growth slows, tariffs dampen outlook

The Fed has held its policy rate in the 4.25-4.50 percent range since December

UAE and Croatia explore opportunities in new economy, tourism and advanced technology

Focus on creating a flexible business environment to boost investment and dialogue between both nations 

Trump introduces 100 percent tariff on foreign films: “We want movies made in America again”

Uncertainty remains on how tariffs will affect streaming services and box office revenues 

U.S. wants a fair trade deal with China, says Trump

When asked if any trade deals would be announced this week, Trump said that there could "very well be"

Warren Buffett to step down as CEO of Berkshire Hathaway – Who will lead next?

Buffett’s announcement was met with applause from 40,000 shareholders during the annual meeting 

Oil prices drop over $2 as OPEC+ agrees to increase production by 411,000 barrels

Barclays lowered its Brent forecast by $4 to $66 a barrel due to OPEC+ decisions

Dubai’s 24-carat gold prices up AED3.50; global rates rise on weaker dollar

Traders expect 80 basis points of rate cuts this year after strong job growth reported in April

Visa introduces AI shopping agents powered by OpenAI, Microsoft

Visa CEO emphasized the need for secure AI-enabled payments in evolving commerce landscape

Bitcoin surges above $96,880 as market shows signs of recovery, investor confidence grows

Increased trading volumes signal renewed bullish sentiment among both retail and institutional investors.

e& Wholesale Americas launches in Miami to boost connectivity, drive digital innovation and market access

The Miami office enhances C&WS’s global footprint, serving as a gateway to dynamic markets

Google’s new AI Mode offers innovative search capabilities to rival ChatGPT and Meta

The new AI Mode delivers a conversational interface for dynamic exchanges and user engagement 

Crude oil prices rise to $62.53 as China evaluates U.S. trade proposal

The United States has approached China to seek talks over Trump's 145 percent tariffs, and Beijing's door was open for discussions

BNY Mellon secures regional headquarters license in Saudi Arabia

New RHQ will enhance operations and services across the Middle East 

New Russia-North Korea bridge to boost trade and tourism, enhance economic ties

Finalized during Putin's 2024 visit, the bridge project aims to boost cross-border movement

Bank of Japan (BOJ) maintains rates at 0.5 percent, revises growth forecasts for 2025 and 2026

Cautious approach reflects concerns over U.S. tariffs impacting Japan's recovery prospects

Meta stock surges following strong Q1 2025 earnings report

Meta generated 42.31 billion percent in revenue and EPS of 6.43 percent, surpassing expectations

UAE unveils ‘Explorers of Space’ at Expo 2025 Osaka

The UAE Pavilion highlights how innovation in space is directly tied to practical, Earth-based solutions

Tesla stands behind Musk as CEO despite speculation of leadership change

The Board emphasizes confidence in Musk's ability to execute the company's growth plans 

U.S.-Ukraine mineral deal signed between U.S. and Ukraine

The agreement allows Washington to access rare earth minerals in exchange for investment funds

Crude oil prices fall to $63.12 amid prospects of stronger supply from OPEC+

Last month, Brent and WTI marked their biggest percentage drops since November 2021