Treasury Secretary Steven Mnuchin says the U.S. and China have agreed on an enforcement mechanism if a trade deal is struck.
It's seen as a breakthrough in negotiations as the two biggest economies continue working to end a trade war.
William Denselow reports:
Tesla loses EV crown to China's BYD
Tesla ceded its crown as the world's top electric vehicle maker to China's BYD after annual sales fell for a second year, with intensifying competition, the expiration of US tax credits and damage to the automaker's brand hurting demand.
Dubai Duty Free celebrates record-breaking 2025
Dubai Duty Free has recorded the strongest year in its history, with annual sales reaching AED8.68 billion ($2.38 billion) in 2025, driven by record-breaking monthly performances and strong demand from international travellers.
UAE updates capital market laws to strengthen financial oversight
The UAE has introduced two new federal decree laws aimed at modernising how its financial markets are regulated and supervised.
Disney agrees to pay $10 million to resolve alleged child privacy law violations
Walt Disney has agreed to pay a $10 million civil penalty as part of a settlement to resolve allegations it violated child privacy laws in some videos uploaded to YouTube, the US Department of Justice said on Tuesday.
Sharjah Crown Prince discusses energy strategy with UAE Minister
His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, held talks on energy strategy and infrastructure development with Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, during a meeting in Sharjah on Tuesday.
