While regional sales will be impacted, the closing of the Strait of Hormuz and rising oil prices will have ripple effects across the global automotive industry.
The futures price of the global benchmark Brent crude oil rose, breaking $90 per barrel after Trump posted his demand to Iran to end the war.
Nonfarm payrolls were expected to increase 50,000 in February while the unemployment rate held steady at 4.3%.
Samsung's AI smart glasses will be launched in 2026 and will mark the company's first foray into the product category.
A backup of oil tankers in the Persian Gulf is disrupting supplies, and will only get worse the longer the Strait of Hormuz is closed.
Infrastructure underpinning digital services has been pulled into the conflict in the Middle East
Oil prices rose on Friday morning after oscillating overnight.
Mohamed Alabbar acknowledged the attacks but insisted investors were still confident in Dubai and that "smart capital" will continue to flow into the city.
The Iran war and the U.S. attack in Venezuela show a Trump administration more willing to eschew diplomacy and take military action.
The update comes as the Iran war enters its seventh day and the escalating regional conflict continues to disrupt global supply chains.
U.S. crude oil hit as much as $80 per barrel Thursday, as the escalating Iran war enters its seventh day and continues disrupting global fuel supplies.
European futures data pointed to a positive open for regional equities on Friday.
The UAE is considering freezing billions of dollars of Iranian assets held in the Gulf state, potentially severing one of Tehran's most critical economic lifelines.
U.S. has given India a waiver to buy Russian oil for 30 days as conflict in Middle East impacts global energy supply.
China set its growth target at the lowest level in decades, implying how Beijing is acknowledging domestic challenges while saving firepowers to cushion global shocks.
South Korea's stock market has swung wildly in recent days, underscoring how the world's best-performing equities market last year can also be among its most volatile.
Last year Microsoft, a major technology provider for the U.S. government, incorporated Anthropic models into its products.
Anthropic said even with the designation, the government can't forbid it from working with companies in other capacities.
U.S. crude oil hit as much as $80 per barrel Thursday, as the escalating Iran war enters its seventh day and continues disrupting global fuel supplies.
Overnight, oil prices broke through the $80 per barrel mark, with Brent futures up 3.54% and last trading at $84.31.
A recent Rhodium Group report found that structural factors outweigh the effects of state subsidies on the profit margins of Chinese electric vehicle companies.
Creating a mortgage has been one of the most time-consuming corners of American finance, with lenders relying on dozens of steps that can take weeks.
The startup landed a deal with the Department of Defense hours after Anthropic was blacklisted by Defense Secretary Pete Hegseth.
Broadcom's AI revenue forecast surpassed many bullish expectations from Wall Street analysts.
Oil prices have surged more than 17% this week as the U.S.-Iran war engulfs the Middle East.
The WisdomTree Cloud Computing Fund (WCLD) gained 4.5% on the session, putting the exchange-traded fund on track for its best day since April 24, 2025.
The move from the state AGs — part of the successful effort to block Trump's original tariffs — adds to the ongoing uncertainty created by his tariff policies.