Thursday , 1 January 2026

Recent Posts

US has an edge over China in tariff war

Bloomberg President Donald Trump defended his use of tariffs that have inflamed tensions with China and Europe, telling an audience of diehard supporters that playing hardball on trade is “my thing.” “We have really rebuilt China, and it’s time that we rebuild our own country now,” Trump said during about an hour of free-wheeling remarks at a rally outside Columbus, …

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Big Oil cheers quietly as Trump moves to ease auto standards

Bloomberg The Trump administration’s plan to relax fuel-economy and vehicle pollution standards could be a boon to US oil producers who’ve quietly lobbied for the measure. The proposal would translate into an additional 500,000 barrels of US oil demand per day by the early 2030s, about 2 to 3 percent of projected consumption, according to government calculations. “It’s a increase …

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Saudi prince Alwaleed signs $267 million deal with music firm Deezer

Bloomberg Saudi billionaire Prince Alwaleed Bin Talal has invested 1 billion riyals ($267 million) into music streaming company Deezer, his first deal since being detained last year in a government crackdown on corruption. The prince’s Kingdom Holding Co. investment vehicle and his media company Rotana Group have bought new shares in Deezer, according to a statement from Alwaleed’s office. Deezer …

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