PTEA says Pakistan’s textile exporters face heavy taxes, refund delays, and a policy burden that are limiting export growth despite global opportunities.

US proposes 82% North American auto content rule, with 50% US-made parts, reshaping USMCA trade talks with Mexico and Canada.

Meta, TikTok, Snap, and YouTube pay $27M settlement in Kentucky school lawsuit over youth mental health and social media addiction claims.

Blue Origin’s New Glenn rocket explodes during a Florida launchpad test, delaying progress in the competition with SpaceX and lunar missions.

Samsung ships HBM4E chip samples with 20% higher speed, boosting AI demand outlook and lifting shares amid strong global competition.

Honda recalls nearly 99,000 US vehicles over an airbag defect affecting the TLX, Accord Hybrid, and 2022 Accord. Dealers will replace sensors free of cost.

Stellantis plans to revive the Citroën 2CV as a $17,000 EV by 2028 to compete with cheap Chinese electric cars in Europe’s budget-car market.

China proposes new EV safety rules warning against zero-gravity seats, citing crash risks, as regulators tighten oversight of electric vehicles.

Global oil prices rise 2% after US strikes in Iran increase tensions, raising fears over Strait of Hormuz supply disruptions and peace deal delays.

Ferrari unveils Luce, its first EV with a 500km range, 1,000+ hp, and a luxury design, signaling a bold shift toward an electric future of mobility.

Foreign smartphone shipments in China rose 1.8% in April, as overall phone sales increased, signaling improving market demand

Coking coal prices jump nearly 8% after deadly China mine blast kills 82, triggering safety checks and tightening supply outlook.

Exemplar Retail buys stakes in South African malls for R356m, expanding portfolio across provinces with strong financial growth and expansion plans.

ENOC signs MoU to explore SAF and e-SAF supply from Uzbekistan, supporting UAE aviation decarbonization and Net Zero 2050 strategy goals.

Ferrari launches its first EV Luce in Rome, a €500,000 electric supercar marking its bold entry into an uncertain high-performance EV future.

Huawei unveils new chip design strategy targeting 1.4nm performance by 2031, aiming to overcome US sanctions and boost China’s chip industry.

Bigo Live Brought Digital Families Together For A Week Of Live Celebration

Petrol and diesel prices in Pakistan were changed five times in a month, yet remain above Rs 400 per liter despite recent reductions.

Nissan unit JATCO scraps Sunderland EV powertrain plant plan due to weak European EV demand and global restructuring pressures.

Adnoc deploys an autonomous inspection robot at the Taweelah plant to detect gas leaks and hazards, improving safety and industrial efficiency.

Pakistan and China sign an agreement to boost rock salt exports, improve mining technology, and expand global supply chains via SIFC support.

Pakistan’s mobile production fell 35% in April amid AI-driven chip shortages and a 18% GST that raised costs and weakened demand.

A New Adventure Begins Nickelodeon’s Paw Patrol ® at Dhahran Mall: "The Big Show Rescue” Comes to Dhahran from 28 May to 6 June 2026

Uber and DoorDash explore a takeover bid for Delivery Hero amid investor demand for a higher price and strategic restructuring, gaining momentum.

China’s DeepSeek offers a 75% permanent price cut on its V4-Pro AI model, boosting competition in the global AI market and lowering enterprise AI costs.

Oil prices rose as US-Iran peace talks stalled, raising supply concerns. Brent and WTI gained amid volatility and Strait of Hormuz tensions.

Mercedes-Benz plans to roll out urban-assisted driving in Germany by the end of 2026, competing with Tesla and BMW in the self-driving car technology race.

Nvidia CEO says $200B CPU market includes China demand amid AI growth, chip export controls, and expanding Vera Rubin platform production.

Umm Al Quwain launches Dh440M green steel cluster with 1 million-ton capacity, boosting sustainable manufacturing and industrial growth in the UAE.

South Africa’s Efora Energy is set for liquidation after JSE suspension, ending its decades-long transformation in the oil and gas sector.