#US

Trump and Musk battle it out over contracts, impeachment

The hostilities between the former allies intensified when the president criticised Tesla CEO Musk in the Oval Office

energy

UAE to boost energy investments in US to $440bn by 2035

US President Trump says, the deal will generate billions of dollars in business and accelerate efforts by the UAE, an oil power and regional economic power

Saudi Crown Prince, US President Trump sign Strategic Economic Partnership

Saudi Crown Prince, US President Trump sign Strategic Economic Partnership

Among the agreements was a memorandum of understanding for energy cooperation between Saudi Arabia’s Ministry of Energy and the US Department of Energy

Trump’s Saudi Arabia visit unlocks $600bn in investment deals

A slate of high-profile business deals across Riyadh, Doha and Abu Dhabi are being unveiled this week

WATCH: Saudi F-15s flank Trump’s Air Force One in dramatic Riyadh arrival

F-15SA aircraft flanked Air Force One as it approached King Khalid International Airport, in a show of military pageantry

These Riyadh roads are closed as Trump begins Saudi visit

Motorists have been advised to avoid several roads, particularly around the Diplomatic Quarter and central Riyadh

Trump jets into Saudi, UAE and Qatar with trillion-dollar investment ambitions

Business leaders including Elon Musk, BlackRock CEO Larry Fink and Citigroup CEO Jane Fraser will also be on the trip

oil

Oil prices jump over 3% on US-China tariff reductions

The United States and China had ended trade talks on a positive note on Sunday, with US officials touting a “deal” to reduce the US trade deficit

US, China agree to slash tariffs in bid to end trade war

The world’s two largest economies said they would suspend most of the punitive tariffs that have battered global trade flows

World gold demand rises in q2 2024 Image Getty Images

Gold prices fall: How China induced the decline?

The partial rollback of tariffs on some imports from China may be perceived as a positive step

IMF’s Kristalina Georgieva urges nations to rebalance for resilience

IMF’s Kristalina Georgieva urges nations to rebalance for resilience

Georgieva emphasised the need for rebalancing policies — fiscal, monetary, and structural — that reduce vulnerabilities and mitigate trade frictions

Saudi Arabia, US on ‘pathway’ to civil nuclear agreement

Saudi Arabia, the world’s largest oil exporter, is seeking to generate substantial renewable energy and reduce emissions

Trump’s tariffs kick in, triggering fresh market sell-off

US and China are stuck in an unprecedented, and expensive, game of chicken, and it seems that both sides are unwilling to back down

Full list: Trump’s tariffs on every country, including the UAE, Saudi

The tariff regime, described by Trump as a “universal baseline tariff”, aims to set a flat 10 per cent import tax on all goods entering the US

How will Trump’s reciprocal tariffs impact Indian exports?

The United States imposes a 2.5 per cent tariff on passenger vehicle imports, while India imposes 70 per cent, the White House said in a statement

Trump eyes visit to Saudi Arabia, UAE and Qatar next month

The president said the trip will centre on securing more than $1tn in investment into the US economy

UAE commits to $1.4tn US investment, White House says

The UAE will increase its existing investments in AI infrastructure, semiconductors, energy and manufacturing, the White House said

Saudi Crown Prince meets US Secretary of State Rubio in Riyadh

Rubio arrived in Saudi Arabia earlier in the day from Israel where he began his first visit to the region as the top US diplomat

Trump orders creation of a US sovereign wealth fund (SWF) GettyImages

Trump signs order to create US sovereign wealth fund

The executive order mandates the delivery of a comprehensive plan for the fund’s establishment within 90 days

Saudi Arabia pledges to invest $600bn in the US under President Trump

Saudi Arabia pledges to invest $600bn in the US under President Trump

The kingdom is eager to seize partnership and investment opportunities created by the new administration’s anticipated reforms

Gold prices in UAE fall as global trends weigh on bullion

Gold prices soar to 11-week high amid Trump jitters, dollar dip

Gold is sticking closely to its role as a safe haven during economic and geopolitical uncertainty

Dollar gains as Trump floats tariffs, threatens ‘taking back’ Panama Canal

His inauguration speech focused on emergencies in immigration and energy and a more expansionist foreign policy, including a pledge to take back the Panama Canal

From Musk to Zuckerberg: Tech billionaires flock to Trump’s inaugural

Among those seated prominently were the three richest men in the world

Global diesel prices spike as US hits Russia with new sanctions

Global diesel prices spike as US hits Russia with new sanctions

The US imposed its toughest sanctions on Russian producers and tankers yet on January 10

US to have unlimited access to AI chips

US to have unlimited access to AI chips

The new regulations will cap the number of AI chips that can be exported to most countries

Oil prices set for third straight weekly gain on supply concerns

Oil prices set for third straight weekly gain on supply concerns

Over the three weeks ending January 10, Brent has climbed by close to 7 per cent, while WTI has jumped nearly 8 per cent

DAMAC Group’s Hussain Sajwani to invest $20bn in US data centres

DAMAC Group’s Hussain Sajwani to invest $20bn in US data centres

EDGNEX, a unit of DAMAC, will construct new data centres in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana

PureHealth's Ardent expands US footprint Image for illustrative purposes Getty Images

PureHealth’s Ardent Health expands US footprint with strategic acquisition

PureHealth’s ongoing international expansion through Ardent Health reflects a broader ambition to reshape global healthcare landscapes

India marks its 77th independence day

India aims to strengthen ties with US, engage with Trump

India’s government and industry groups favour a broader trade and investment pact with the United States to help manufacturers integrate into global supply chains

US clears export of advanced AI chips to UAE under Microsoft deal

US clears export of advanced AI chips to UAE under Microsoft deal

Microsoft invested $1.5bn in G42 earlier this year, giving the US company a minority stake and a board seat