Worldwide

Stock market today: Nifty 50, Nasdaq and S&P 500 fall on recession fears

S&P 500 companies lost a combined $2.4 trillion in stock market value amid one of the largest single-day percentage losses in years

U.S. tariff rate soars to 22 percent from just 2.5 percent, highest since 1910: Fitch

Tariffs are expected to generate approximately $700 billion in annual revenue

Stocks dip as global trade war fears mount, dollar falls to six-month low

Among the most prominent countries hit by the tariffs are China at 34 percent, the European Union at 20 percent and Vietnam at 46 percent

Trump tariffs list: Over 180 countries and territories hit with “Liberation Day” tariffs

Trump’s sweeping tariffs will go into effect on April 5, and his reciprocal tariffs will hit on April 9 on new imports of foreign-made goods

Amazon joins competitive race for TikTok ownership ahead of U.S. ban deadline

Buying TikTok could help Amazon attract younger shoppers and merge social media with shopping

Oil prices dip 2.29 percent as U.S. economic uncertainty raises demand fears

Imports of oil, gas and refined products were exempted from the new tariffs, the White House said

SpaceX launches record-breaking 28 Starlink satellites in single mission

Starlink provides high-speed internet access to remote and underserved areas worldwide 

Global GenAI spending to reach $644 billion in 2025, says Gartner

Spending in 2025 will largely be driven by the integration of AI capabilities into hardware

EU approves $4.4 billion and $539.5 million loans for Egypt, Jordan

The Parliament approved macro-financial assistance to Egypt: 452 votes for, 182 against, 40 abstained

UAE gold prices jump AED1.75, global rates hit record $3,148.88

U.S. economic slowdown and rising inflation could drive gold prices to $3,300 in the next months

Oil prices dip to $74.43 as Trump tariffs loom, OPEC meeting ahead

Traders raised oil's risk premium, anticipating supply disruptions from Trump's actions and policies

2024 renewable energy milestone: 4,448 GW and counting, but can the world meet the 2030 target?

To achieve the global target, renewable capacity must grow by 16.6 percent annually through 2030, according to the report

Oil prices ease to $73.94 but hold near one-month high amid tightening global supply outlook

Both contracts gained over 2 percent so far this week and more than 7 percent since hitting multi-month lows in early March

Impact of Trump’s auto tariffs on Tesla is “significant,” says Elon Musk

The carmaker domestically manufactures all of its cars sold in the U.S. but imports certain parts from China

Trump’s announcement of 25% tariffs on foreign auto imports sends markets on a bumpy ride

The new tariffs will apply to vehicles assembled in countries with free-trade agreements with the U.S., such as Canada, Mexico, and South Korea

Oil prices dip to $73.70 on Trump’s auto tariffs despite tighter supply risks

Tariffs that increase vehicle prices may suppress auto sales and, consequently, the demand for oil products

Oil prices rise 0.30 percent to near three-week high on supply fears as U.S. stocks drop

American Petroleum Institute data showed that U.S. crude inventories fell by 4.6 million barrels last week

Indonesia to join BRICS’ New Development Bank, says President Prabowo

The bank is set to collaborate with Indonesia in sectors such as renewable energy, biodiesel and technological development

DeepSeek-V3 vs. V2: How the new model outperforms its predecessor

The upgrade positions the Chinese AI startup competitively against OpenAI in the AI landscape

Abu Dhabi’s Masdar to acquire 49.99 percent stake in four solar plants in Spain for $198.8 million

Masdar's collaboration with Endesa is expected to greatly support Spain's National Energy and Climate Plan targets

Oil prices steady at $73.05 amid Trump’s Venezuela tariff concerns

OPEC+ ready to move forward with scheduled output increase in May

Google’s Gemini 2.0 Flash vs. OpenAI’s ChatGPT o1-pro – What you need to know

Both Gemini 2.0 Flash and ChatGPT o1-pro provide valuable features for diverse user needs

UAE gold prices down AED1.75, global rates rise on Fed optimism

Spot gold was up 0.1 percent at $3,025.12 an ounce