Business

Trump Affirms Tariffs Will Persist Despite Supreme Court Ruling

Washington: US President Donald Trump affirmed that tariffs will remain in effect despite a recent Supreme Court ruling overturning them, stressing that trade agreements concluded prior to the decision will stay in place. Speaking at the annual State …

Euro Area Annual Inflation Falls to 1.7 Percent in January 2026

Brussels: The European Statistical Office (Eurostat) announced on Wednesday that the annual inflation rate in the Euro Area declined to 1.7 percent in January 2026, compared to 2.0 percent in December, while it had stood at 2.5 percent in January 2025…

GCC Chief Stresses Joint Gulf Action Toward Economic Unity

Riyadh: Secretary General of the Gulf Cooperation Council (GCC) Jasem Al-Budaiwi emphasised on Monday the importance of enhancing the journey of joint economic and developmental action among the Council states. Al-Budaiwi made these remarks during a m…

China Urges US to Revoke Unilateral Tariff Measures

China: China called on the United States to cancel unilateral tariff measures imposed on its trading partners. The call was made in a statement published Monday by the Chinese Ministry of Commerce on its official website, following a US Supreme Court …