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Former U.S. President Donald Trump described his recent discussions with Chinese President Xi Jinping as “extremely positive and productive,” highlighting a cautious tone of optimism in U.S.-China relations. Speaking at a formal banquet in Beijing, Trump stated that the meetings and conversations held earlier in the day with the......
Oil prices stayed above the 100 dollar mark on Thursday as global markets focused on high level talks in Beijing between Donald Trump and Xi Jinping. Traders watched the meeting for any signal that could ease tensions linked to the Iran conflict and the disrupted flow of energy through the Strait of Hormuz. Brent crude traded around 106 dollars......
The U.S. semiconductor company Cerebras Systems is preparing for its stock market debut on the Nasdaq, as investor enthusiasm for artificial intelligence continues to drive strong demand for technology-related shares. The company’s initial public offering (IPO) is among the largest of the year, reflecting the growing appetite for firms......
Iran has claimed that tighter control over the Strait of Hormuz could generate economic returns capable of doubling its oil revenue, according to statements attributed to a senior military official. The assessment comes as tensions remain high between Iran, the United States, and Israel, with maritime security in one of the world’s most......
Apple’s supply chain stocks rallied after the company reportedly increased its iPhone production targets for the first three quarters of fiscal year 2026 to 163 million units, reflecting growing confidence in demand for the iPhone 17 lineup and renewed momentum across the premium smartphone market. The revised target represents an increase......
Chinese President Xi Jinping praised what he described as a “new positioning” in relations between China and the United States following a high-level meeting with U.S. President Donald Trump in Beijing. According to statements released after the summit, both leaders expressed support for maintaining a constructive and strategically......
Volkswagen executives said the company’s software partnership with Rivian is advancing on schedule, marking a major step in the German automaker’s effort to modernize its electric vehicle technology and streamline future vehicle platforms. Thomas Schäfer, chief executive of the Volkswagen brand, said the $5.8 billion joint......
European Central Bank policymaker Olli Rehn has warned that recent economic data point to early signs of stagflation in the eurozone, linking weak growth and rising inflation to energy shocks driven by geopolitical tensions. Speaking in Helsinki, Rehn said the latest indicators suggest the eurozone economy is slowing sharply while price pressures......
Mazda has postponed the launch of its first dedicated battery electric vehicle to 2029 at the earliest and sharply reduced its electrification spending, signaling a strategic shift toward hybrid models as near-term demand for full electric vehicles weakens in several markets. The Japanese automaker confirmed the decision alongside its latest......
A British robotics startup has secured a large industrial agreement with German manufacturer Schaeffler to deploy up to 2,000 wheeled humanoid robots across global production sites by 2032. The deal marks one of the most extensive planned industrial deployments of humanoid robots to date and reflects accelerating investment in automation across......
Donald Trump arrived in Beijing on Wednesday for a state visit centered on tense economic and geopolitical negotiations with Chinese leader Xi Jinping. The visit brings together senior US officials and a large delegation of corporate leaders, with Washington seeking expanded access for American firms in the Chinese market and Beijing pressing......
The U.S. dollar surged against the Japanese yen on Tuesday, with the USD/JPY pair rising to 157.60 after stronger than expected U.S. inflation data reinforced expectations that the Federal Reserve could keep interest rates higher for longer. The move accelerated as geopolitical tensions linked to the fragile ceasefire discussions between Washington......
SpaceX is aiming for 19 May to conduct the first flight of Starship Version 3 from its Starbase facility in Texas. The mission, identified as Flight 12, will mark the debut of the upgraded launch system and the first use of the newly constructed Launch Pad 2, representing a major milestone in the company’s next-generation heavy launch......
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GITEX Africa: The New Frontiers Of African Innovation
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