Elon Musk says SpaceX and Tesla exploring largest merger in history
Tech mogul says tie-up has a 'lot of merit', given firms' complementary work on AI.
Category Archives: Economy
Anthropic CEO Amodei to have dinner with Trump at White House
Private dinner will be the first one-on-one meeting between the two men, according to reports.
Japan moves to tighten rules for foreigners, throwing futures into doubt
Tokyo is raising the bar for permanent residency amid a broader rightward shift in the Asian nation's politics.
As AI leaders warn of catastrophe, US and China shun slowdown calls
Presidents Donald Trump and Xi Jinping are expected to agree to only limited cooperation on AI safety at summit.
Fiscal pressure from Iran War clouds Gulf States’ US spending plans
Gulf nations may prioritise domestic investments over US commitments amid economic pressures, says new report.
Why is Trump warning Zelenskyy not to hit Russian diesel refineries?
Trump blames Ukraine’s attacks for global diesel shortage, linking the crisis to Russia's war rather than US actions.
Red Sea nations watch as Houthis seize Bab al-Mandeb strait
Houthi control of Bab al-Mandeb chokes Suez Canal revenues, triggers refugee flows, and exposes regional security gaps.
China’s support for Iran shows its limits as US ramps up pressure on Tehran
Beijing's support for Tehran is balanced against other relationships in the region, analysts say.
Asia looks to store oil, gas closer to home after Strait of Hormuz crisis
Asian economies are racing to build up storage capacity to reduce their exposure to conflict in the Middle East.
Western Balkans truck drivers threaten EU border blockade
Drivers demand an exemption to 90-day limit to stay in Schengen area, saying current rules stop them from working.
Iran’s government signals fuel price hike on eve of new US sanctions
Prices for food and other items are soaring, and there is a history of unrest, so any increase is being considered.
TikTok settles with US Justice Department for $400m over child privacy laws
TikTok and the US government settled to resolve allegations that the app violated children's online privacy laws.
US stocks near record high, oil falls as Trump claims Iran talks under way
Benchmark S&P 500 approaches all-time peak as Washington, Tehran offer conflicting accounts of status of talks.
Trump slams Chevron CEO, demands immediate reduction in US fuel prices
Trump claims Chevron's success stems from his policies, calling for urgent reductions in US fuel prices for consumers.
How new Yemen tensions could complicate the global energy crisis
If the fighting in Yemen expands, and the Houthis try to block Bab al-Mandeb, the world economy faces a new shock.
IMF cuts 2026 world growth forecast, citing Iran war fallout
Global economy to grow 3 percent in 2026, as AI demand partly offsets energy shock from Iran war, IMF says.
Iran warns ships against using unapproved routes in Strait of Hormuz
Military command issues threat a day after Qatari mediators hailed 'positive progress' in indirect US-Iranian talks.
China slaps export controls on dozens of Japanese entities
China's Ministry of Commerce says measures are a response to Tokyo's 'new militarism'.
Oil prices rise as US, Iranian strikes threaten Strait of Hormuz reopening
Brent crude edges up as tit-for-tat strikes hinder return to normality in key waterway.
Oil prices fall, stocks rally as US, Iran sign framework to end war
Brent crude drops 2.3 percent, while key stock indices in Japan, South Korea and Taiwan climb.