April 19, 2026
Trending now

Malaysia halal exports rise 10.9% to RM68.52 billion

RideFlux wins South Korea’s first paid freight permit

UAE president and EU Council chief discuss regional security

South Korea auto exports rise on March hybrid demand

Sheikh Khaled begins Beijing visit to deepen UAE-China ties

UAE and Italy leaders discuss security and cooperation

China auto output and sales jump in March

Bank of Korea keeps rate at 2.5% for seventh hold

Abdullah bin Zayed, Kaja Kallas review UAE-EU ties

China inflation hits 1% in March as PPI turns positive

Month : May 2025

Business

Wall Street mocks Trump with “TACO trade” label

omandailynews.com
U.S. President Donald Trump reacted angrily this week to a question referencing the growing use of the term “TACO trade” on Wall Street, a mocking acronym that stands for “Trump Always Chickens Out.” The label reflects investor frustration over Trump’s pattern of imposing or threatening aggressive tariffs, only to later retreat, often sending markets into......
News

EU and six member states ratify UN High Seas Treaty

omandailynews.com
The European Union and six of its member countries have formally ratified the United Nations High Seas Treaty, marking a substantial advancement in international efforts to safeguard marine biodiversity in areas beyond national jurisdiction. The treaty aims to establish a global framework for the creation of marine protected areas (MPAs) across the high seas,......
Business

Nvidia beats Q1 expectations with $44.1 billion revenue

omandailynews.com
Nvidia Corporation reported mixed first-quarter results, outperforming revenue and earnings expectations but acknowledging significant challenges related to U.S. export controls affecting its China operations. The chipmaker posted revenue of $44.1 billion for the quarter ending April 27, exceeding analyst estimates of $43.3 billion. This represents a substantial increase from the $26 billion reported......
News

ILO says 53 million new jobs expected in 2025

omandailynews.com
The International Labour Organization (ILO) has revised its global employment forecast for 2025, citing mounting economic challenges and heightened trade tensions. According to its latest report released on 28 May, the UN agency now expects job growth to reach 1.5% for the year, down from its earlier projection of 2.1%. This adjustment......
Business

Meta begins training AI with EU social media content

omandailynews.com
Meta is moving forward with plans to use public Facebook and Instagram posts from users across the European Union, including Germany, to train its artificial intelligence systems, following the expiration of a user opt-out deadline on Tuesday. The US-based technology company intends to process publicly shared content from adult users to enhance the performance of its AI......