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Business

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PwC: Copper shortages may disrupt 32 percent of chip output by 2035
PwC: Copper shortages may disrupt 32 percent of chip output by 2035

AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...

U.S. stocks recover after Trump-tariffs-induced slump
U.S. stocks recover after Trump-tariffs-induced slump

NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...

Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea
Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea

NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...

BRICS issues rebuke on trade and Iran, avoids direct US criticism
BRICS issues rebuke on trade and Iran, avoids direct US criticism

RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...

BP appoints ex-Shell finance chief Simon Henry to board
BP appoints ex-Shell finance chief Simon Henry to board

LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...

FedEx, UPS step up as Canada Post loses market share in strikes
FedEx, UPS step up as Canada Post loses market share in strikes

OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...

Middle East

Section
Saudi Aramco plans asset sales to raise billions, say sources
Saudi Aramco plans asset sales to raise billions, say sources

DUBAI, U.A.E.: Saudi Aramco is exploring asset sales as part of a broader push to unlock capital, with gas-fired power plants among...

Netanyahu vows 'No Hamas' in postwar Gaza amid peace talks
Netanyahu vows 'No Hamas' in postwar Gaza amid peace talks

CAIRO, Egypt: This week, both Hamas and Israel shared their views ahead of expected peace talks about a new U.S.-backed ceasefire plan....

Houthi rebels target Israel's Ben Gurion airport after Red Sea ship attacks
Houthi rebels target Israel's Ben Gurion airport after Red Sea ship attacks

Sanaa [Yemen], July 10 (ANI): Houthi rebels in Yemen attempted to strike Israel's Ben Gurion airport with a ballistic missile after...

UAE remains focused on delivering its planned production capacity of 5 million barrels per day by 2027: Ministry of Energy and infrastructure
UAE remains focused on delivering its planned production capacity of 5 million barrels per day by 2027: Ministry of Energy and infrastructure

ABU DHABI, 10th July 2025 (WAM) -- The UAE Ministry of Energy and infrastructure reiterated that the UAE remains focused on delivering...

Cardinals' Miles Mikolas looks to forget subpar outings, conquer Nats
Cardinals' Miles Mikolas looks to forget subpar outings, conquer Nats

(Photo credit: Jeff Curry-Imagn Images) St. Louis Cardinals starting pitcher Miles Mikolas will seek to get his season back on track...

UAE NAMLCFTC commends European Parliament's recognition of robust AML/CFT framework
UAE NAMLCFTC commends European Parliament's recognition of robust AML/CFT framework

ABU DHABI, 10th July 2025 (WAM) -- The General Secretariat of the UAE's National Anti-Money Laundering and Combatting Financing of...