Microsoft will invest over $15 billion in the United Arab Emirates in the seven years to the end of 2029 and has the Trump administration's approval to export Nvidia chips for its data centres there, a senior executive told Reuters on Monday. The UAE has been spending billions of dollars to become a global artificial intelligence hub, leveraging its close relations with Washington to secure access to U.S. technology, including some of the world's most advanced chips. Learn M

U.S. factory equipment maker OTC Industrial Technologies has long used low-cost countries to supply components - first China and later India - but President Donald Trump 's blitz of tariffs on numerous trade partners has upended the supply chain math for CEO Bill Canady. "We moved things out of China and went to some of those other countries, and now the tariffs on those are as bad or worse," Canady told Reuters. "We just have to hang on and navigate our way through this so

The Reserve Bank of India (RBI) on Friday announced the launch of the next round of three key surveys — including one on inflation expectations -- aimed at providing critical inputs for formulating monetary policy. The November 2025 round of the Inflation Expectations Survey of Households (IESH) will capture households’ subjective assessments of price movements and inflation based on their own consumption baskets across 19 cities, the RBI said in a statement. Learn More