The market is now pricing a greater probability of the Fed hiking than easing this year
The UAE was the most influential member of OPEC behind Saudi Arabia
Former Fed Governor Kevin Warsh takes over the helm of the Fed as of Friday
Investors took profits in tech
"Moharram Bakhoum" name represents a significant value in both local and regional markets
China relies heavily on the Middle East for its oil imports
International benchmark Brent crude futures for July gained more than 2% at $108.25 a barrel
This event’s discussions served as a prelude to the 10th edition of the Narrative PR Summit
Xi pointedly warned Trump that the U.S. and China “will have clashes and even conflicts” if the long-standing issue of Taiwan’s independence is mishandled
The U.S. and Chinese sides have not yet released details on specific agreements
The U.K.’s political turbulence is expected to stay high up on the news agenda in Europe
The S&P 500 climbed 0.8%
The two sides agreed that the Strait of Hormuz must remain open
The two countries’ trade envoys reached “overall balanced and positive outcomes”
The leaders had held “extremely positive and constructive discussions”
Micron Technology gained more than 3%
German automation giant Siemens has launched a new 6 billion euros
The total cumulative supply loss from the Gulf oil producers now exceeds a billion barrels
Amazon is adding Alexa to search results on its store
He will leave China on Friday, following tea and a working lunch with Xi
The tech giant has been investing heavily in semiconductors for AI
The price for a barrel of Brent crude oil climbed 2.9% to settle at US$104.21
EBay is much larger than the video game retailer
Tuesday’s declines followed a hotter-than-expected reading of a key consumer inflation measure
The upper chamber voted to approve Warsh’s nomination by a 51-45 vote
In April, the consumer price index rose 0.6%
Investors are watching a growing political crisis in the U.K.
The annual headline inflation rate was the highest since May 2023
Trump said in a Truth Social post Sunday that he did not like Iran’s response
BRX consists of 9 buildings that include spaces dedicated to commercial and administrative activities