Business
-
Breaking News
Al-Falih: Saudi Arabia to invest $600 billion in US over 4 years
Saudi Gazette report RIYADH — Minister of Investment Khalid Al-Falih reaffirmed Saudi Arabia’s efforts to deepen its investment relations with…
Read More » -
Breaking News
Power outage ‘for matter of minutes’ disrupts London Underground in rush hour
LONDON — The Transport for London website showed that at least three subway lines were suspended due to a power…
Read More » -
Breaking News
US and China roll back tariffs in major de-escalation of trade war
GENEVA — The US and China agreed to drastically roll back tariffs on each other’s goods for an initial 90…
Read More » -
Global Economy Trends
Trump Gulf trip promises good news for US business
This article is an on-site version of our The Week Ahead newsletter. Subscribers can sign up here to get the…
Read More » -
Breaking News
Putin offers to resume direct peace talks with Ukraine in Istanbul
MOSCOW — Russian President Vladimir Putin on Sunday proposed resuming direct peace talks with Ukraine in Istanbul starting May 15,…
Read More » -
Breaking News
King Salman invites Gulf leaders to attend Gulf-US summit
Saudi Gazette report JEDDAH — Custodian of the Two Holy Mosques King Salman has extended invitations to leaders of the…
Read More » -
Breaking News
Saudi Arabia leads peace push as first nation to dispatch envoy to India and Pakistan
Saudi Gazette report RIYADH — Saudi Arabia has emerged as a key diplomatic force in defusing the recent military escalation…
Read More » -
Breaking News
US and China begin second day of tariff talks as Trump claims ‘great progress’
GENEVA — The United States and China began the second and final scheduled day of high-level tariff talks in Geneva…
Read More » -
Breaking News
India and Pakistan accuse each other of ceasefire violations hours after reaching deal
ISLAMABAD — India and Pakistan accused each other of violating a newly agreed ceasefire on Saturday, just hours after reaching…
Read More » -
Breaking News
Google to pay Texas $1.4 billion to settle claims over unauthorized data collection
AUSTIN — Google has agreed to pay $1.4 billion to the state of Texas to settle claims that the company…
Read More » -
Breaking News
Pope Leo XIV sets out papal vision, calls AI a defining challenge for humanity
VATICAN CITY — In his first formal address as pope, Leo XIV on Saturday laid out the guiding principles of…
Read More » -
Breaking News
Mexico sues Google over renaming of Gulf of Mexico on U.S. maps
BOGOTA — Mexican President Claudia Sheinbaum announced Friday that her government has filed a lawsuit against Google over the tech…
Read More » -
Breaking News
Over 15,900 residency, labor, and border violators arrested in one week
Saudi Gazette report RIYADH — Saudi authorities arrested 15,928 violators of residency, labor, and border security regulations during nationwide field…
Read More » -
Middle East
Canadian unemployment rate hits six-month high amid US-imposed tariffs | Business and Economy
Statistics Canada showed an unemployment rate of 6.9 percent, with most cuts in the manufacturing sector. Canada’s unemployment jumped to…
Read More » -
Breaking News
Nagasaki extends invitation to ‘all countries’ to memorial event of 1945 nuclear bombing
TOKYO — The mayor of Nagasaki has announced the city will invite representatives “of all countries” and regions to the…
Read More » -
Breaking News
Pope Leo XIV marks new beginning for Catholic Church
VATICAN — After the sorrow of death, the joy of a new beginning. The warm May sun was still high…
Read More » -
Middle East
Will African nations ever be able to repay their debt? | Business and Economy
African nations are drowning in debt. A halt of US aid to many countries on the continent could worsen the…
Read More » -
Breaking News
Putin’s 3-day ceasefire comes into effect, but Ukraine claims Russia already broke it
KYIV — A three-day ceasefire in Ukraine that was unilaterally declared by Russian President Vladimir Putin last month has come…
Read More » -
Breaking News
Israeli embassy was target of suspected terror plot in UK
LONDON — The Israeli embassy in London was the alleged target of five Iranian men arrested on suspicion of preparing…
Read More » -
Middle East
US Federal Reserve holds rates steady, warns of higher unemployment | Business and Economy News
The central bank will hold steady amid economic uncertainty driven by tariffs. The US Federal Reserve has kept interest rates…
Read More » -
Breaking News
Saudi trade surplus hits SR30 billion in February 2025
Saudi Gazette report RIYADH — Saudi Arabia’s trade balance recorded a surplus of SR 30.6 billion during February 2025,…
Read More » -
Breaking News
Saudi Museums Commission and Germany’s SPK launch executive program to boost museum collaboration
RIYADH — The Saudi Museums Commission and Germany’s Prussian Cultural Heritage Foundation (SPK) have activated an Executive Program to deepen…
Read More » -
Global Economy Trends
China sees global turmoil as opportunity to be ‘business friendly’, says Novartis chief
Stay informed with free updates Simply sign up to the Pharmaceuticals sector myFT Digest — delivered directly to your inbox.…
Read More » -
Middle East
Trump threatens tariffs on foreign films: Who could be hit? | Business and Economy News
United States President Donald Trump has threatened to impose a 100 percent tariff on foreign films, calling them a “National…
Read More » -
Breaking News
Portugal to expel some 18,000 illegal migrants ahead of snap national election
LISBON — Portugal’s caretaker government announced plans on Saturday to expel about 18,000 foreigners living in the country without legal…
Read More » -
Breaking News
Indonesian president visits Makkah Route Initiative lounge in Jakarta
Saudi Gazette report JAKARTA — Indonesian President Prabowo Subianto visited the Makkah Route Initiative lounge at Soekarno-Hatta International Airport in…
Read More » -
Breaking News
Mexico’s President rejects Trump proposal to deploy US troops against cartels
MEXICO CITY — Mexican President Claudia Sheinbaum confirmed Saturday that she rejected a proposal by U.S. President Donald Trump to…
Read More » -
Breaking News
Serbian President returns home after falling ill during US visit
BELGRADE — Serbian President Aleksandar Vucic cut short his visit to the United States and returned to Belgrade after experiencing…
Read More » -
Middle East
Warren Buffett to retire as Berkshire Hathaway CEO at end of 2025 | Business and Economy News
‘Oracle of Omaha’ stuns shareholders, but pledges to maintain investments in group and says he will still be ‘hanging around’.…
Read More » -
Middle East
US labour market holds steady despite tariffs, adding 177,000 jobs in April | Business and Economy News
The United States economy has added 177,000 jobs in April, topping analysts’ expectations despite economic turmoil in the early months of…
Read More » -
Global Economy Trends
Standard Chartered profits rise 10% as wealth management business booms
Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox.…
Read More » -
Global Economy Trends
Apple posts brisk sales growth even as China business cools
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Read More » -
Middle East
Is the race for clean energy losing momentum? | Business and Economy
The US is pivoting back to fossil fuels, China is ramping up renewables, while Europe is trying to catch up.…
Read More » -
Local (Saudi Arabia & GCC)
Trump tells business chiefs he needs ‘little bit of time’ as US economy shrinks
LOS ANGELES — President Donald Trump has asked for more time on the US economy as it contracted for the…
Read More » -
Breaking News
Trump tells business chiefs he needs ‘little bit of time’ as US economy shrinks
Christal Hayes BBC News, Los Angeles Watch: Donald Trump on the US economy: ‘Give us a little bit of time’…
Read More » -
Breaking News
Alkhorayef attends GCC Industrial Cooperation Committee meeting in Kuwait
Saudi Gazette report KUWAIT — Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef led the Kingdom’s delegation to the…
Read More » -
Breaking News
William and Kate celebrate anniversary on Isle of Mull
LONDON — The Prince and Princess of Wales are spending their 14th wedding anniversary in Scotland on the Isle of…
Read More » -
Breaking News
Dr. Al-Rabeeah at UK House of Lords: Saudi Arabia’s aid tops $134 billion across 172 countries
Saudi Gazette report LONDON — Supervisor General of the King Salman Humanitarian Aid and Relief Center (KSrelief) Dr. Abdullah Al-Rabeeah…
Read More » -
Breaking News
Crown Prince donates SR1 billion to support housing for eligible families
Saudi Gazette report RIYADH — Crown Prince and Prime Minister Mohammed bin Salman has donated SR1 billion from his personal…
Read More » -
Breaking News
Rock & Roll Hall of Fame picks Outkast but not Oasis
LOS ANGELES — Innovative rap group Outkast, pop star Cyndi Lauper and 1960s pioneer Chubby Checker have all won places…
Read More » -
Middle East
Saudi Arabia, Qatar to settle Syria’s outstanding debt to World Bank | Business and Economy News
Syria’s arrears to the World Bank total roughly $15m. Saudi Arabia and Qatar have announced that they will settle Syria’s…
Read More » -
Breaking News
stc reports strong first-quarter 2025 results with 11% rise in net profit
stc announced its preliminary financial results for the period ending March 31, 2025, highlighting strong performance across key metrics. Revenues…
Read More » -
Breaking News
ICE deports immigrant mothers and US citizen children in controversial crackdown
HARRISBURG, Pa. — U.S. Immigration and Customs Enforcement officers deported several immigrant mothers and their young U.S. citizen children this…
Read More » -
Middle East
Canadian voters appear on track to rebuke Trump’s trade war | Business and Economy News
Canadian voters are going to the polls on Monday amid one of the most dramatic campaign transformations in years. January…
Read More » -
Breaking News
Al Ahli cruise past Buriram into AFC Champions League Elite semi-finals
Saudi Gazette report JEDDAH — Al Ahli Saudi FC cruised into the semi-finals of the AFC Champions League Elite Finals…
Read More » -
Middle East
Apple to move assembly of US phones to India in shift away from China | Business and Economy News
As Apple grapples with United States President Donald Trump’s tariff war with China, it has laid out plans to move…
Read More » -
Middle East
As Trump looms over Canadian elections, affordability a key factor | Business and Economy News
Vancouver, Canada – When Leslie Macfarlane found out she and her husband were being evicted from a mobile home park…
Read More » -
Breaking News
Prince Abdulaziz bin Salman appointed chairman of KAUST Board of Trustees
Saudi Gazette report JEDDAH — Custodian of the Two Holy Mosques King Salman issued a Royal order, based on a…
Read More » -
Middle East
Trump says petrol and grocery prices are down. Facts say otherwise | Business and Economy
The US president incorrectly said that prices of petrol and eggs had dropped while home sales were good. US President…
Read More » -
Breaking News
Pakistani astronaut will become first foreign national to enter Chinese space station
HONG KONG — A Pakistani astronaut will become the first foreign national aboard China’s Tiangong space station, as Beijing steps…
Read More »
