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Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI
  • From cars to champagne: Trump’s expanding tariffs trigger trade war fears

    Paris, France -- From champagne to steel and now cars: it is getting harder to keep up with US President...

    In early March, Trump imposed a 20 percent tariff on products from China, which has a huge trade surplus with the United States and was already his top target during his first term

    Trump announced earlier he would slap 25-percent tariffs on imports from countries buying oil and gas from Venezuela, a punitive measure that could hit China and India.

  • Lebanon cabinet appoints Karim Souaid central bank governor

    Born in 1964, Souaid officially takes over after embattled former chief Riad Salameh's term expired in July 2023 with no...

    First vice-governor Wassim Manssouri had been acting head of the bank, a post that is traditionally reserved for a Maronite Christian in Lebanon's sectarian power-sharing system.

    Souaid is the founder and managing partner at Gulf-based Growthgate, according to his biography on the private investment firm's website.

  • Trump announces 25% tariffs on foreign-built vehicles

    US President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from trading partners...

    The duties take effect at 12:01 am (0401 GMT) on April 3 and impact foreign-made cars and light trucks while key automobile parts will also be hit within the month

    But the White House added that vehicles entering under the US-Mexico-Canada Agreement (USMCA) can qualify for a lower rate depending on their American content

  • Stock markets rise on fresh hopes for Trump’s tariff approach

    Investor sentiment has been jolted in recent weeks by fears that the president's hardball policies could deal a painful blow...

    Gold held at around $3,030 an ounce (28.3 grammes), having hit a series of records last week to a peak of more than $3,057 owing to a surge in demand for safe havens.

    Asian markets fluctuated through the day, with Tokyo falling while Hong Kong and Shanghai rose.

  • EU skewers Google, Apple over tech rules – despite Trump threats

    The European Union defied US threats of retaliation Wednesday by accusing Google of violating its digital rules -- which could...

    The moves risk opening up a new front in the already fraught relationship between the EU and President Donald Trump,

    Apple and Google responded that the EU risked European users' security and its moves would hinder innovation

  • AI, wealth management and trust: Could machines replace human advisors?

    The future of wealth management lies in hybrid models, combining AI’s data-driven precision with human empathy and ethical oversight. While...

    By 2027, AI-driven investment tools are expected to become the primary source of advice for retail investors

    The question of AI’s impact on different factors and its overall implications is an important one to address.

  • OECD lowers global growth projections over tariffs, uncertainty

    "We are navigating troubled waters," said the OECD's chief economist Alvaro Santos Pereira as he summed up the world's economic...

    While global economic activity remained "resilient" in 2024 with a 3.2 percent increase in GDP, the OECD trimmed back its 2025 projection from 3.3 percent growth to 3.1 percent.

    That was due to "higher trade barriers in several G20 economies and increased geopolitical and policy uncertainty weighing on investment and household spending".

  • Real challenges of digital transformation

    Blockchain enhances security and efficiency by decentralizing data storage, and reducing fraud, David Boast tells TRENDS in an exclusive interview.

    Businesses face challenges in cloud migration, including regulatory concerns, legacy systems, and employee resistance, says David Boast

    Poor execution, lack of employee buy-in, and conflicting leadership opinions often lead to digital transformation failures

  • US Fed likely to keep rates steady as uncertainty over Trump’s economic policies looms

    Since January, Trump has imposed levies on major trading partners Canada, Mexico and China, and on steel and aluminum imports,...

    The Trump administration has also embarked on unprecedented cost-cutting efforts that target staff and spending, while the president has promised tax reductions and deregulation.

    But Fed Chair Jerome Powell emphasized this month that it is the "net effect" of policy changes that will matter for both the economy and monetary policy.

  • The future of logistics: Insights from DHL’s Amadou Diallo

    The future of logistics is a convergence of technology, sustainability, and human ingenuity, which are transforming supply chains into more...

    in the MEA region, key hubs such as Doha, Dubai, Jeddah, Casablanca, Salalah, Nairobi, Durban, and Tema serve as vital nodes for regional distribution.

    Additionally, hubs like Istanbul, Dubai, and Addis Ababa improve connectivity within this region, said Diallo.