Elon Musk is among a roster of blue‑chip U.S. CEOs invited to a Saudi‑U.S. investment forum in Riyadh that will run alongside President Donald Trump’s Middle East visit, according to a planning memo seen by *Reuters*, signalling lavish deals and headline economic announcements to come.
Elon Musk is among a group of heavyweight U.S. business leaders invited to a Saudi‑U.S. investment forum in Riyadh on Tuesday, held alongside President Donald Trump’s Middle East visit, according to a planning memo seen by Reuters.
The event—expected to feature splashy economic announcements—has also drawn invitations for the chiefs of BlackRock, Citigroup, IBM, Boeing, Delta, American Airlines and United Airlines.
In January, President Trump urged Saudi Arabia to channel about $1 trillion into the U.S. economy over four years, including major defense purchases; sources told Reuters last month that Washington is preparing an arms package exceeding $100 billion.
Tesla’s April launch in the kingdom signaled a thaw in relations between Musk and Saudi Arabia’s Public Investment Fund, whose rift with the billionaire dated back to 2018. Ties have warmed further since Musk played a high‑profile role in Trump’s election campaign and later joined the administration, where he has spearheaded efforts to streamline federal bureaucracy.
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The ceasefire between Israel and Lebanon will be lengthened by three weeks, U.S. President Donald Trump said in a post on social media website Truth Social early on Friday (24 April), while stating in a separate earlier post that he was in no rush to make a deal with Iran.
Meta Platforms will cut about 10% of its global workforce from 20 May, marking the start of a wider restructuring as the company increases spending on artificial intelligence (AI) and plans further layoffs later this year, according to sources familiar with the matter.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 24th of April, covering the latest developments you need to know.
A United States Army soldier has been charged with making more than $400,000 by betting on the removal of Venezuelan leader Nicolás Maduro, according to the Department of Justice.
The U.S. military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday, exclusively to Reuters.
Iran’s Revolutionary Guards targeted three vessels, seizing two of them for alleged maritime violations and transferring them to Iranian shores, as U.S. President Donald Trump said Washington is extending its ceasefire with Iran until Tehran submits a proposal.
Two local trains collided head-on north of Copenhagen on Thursday (23 April), injuring 17 people, five of them critically, according to emergency services.
The U.S. military is redirecting at least three Iranian-flagged tankers after intercepting them in Asian waters near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday. Meanwhile, Tehran said U.S. breaches, blockades and threats are undermining “genuine negotiations.”
The European Union is preparing its 20th round of sanctions against Russia over the war in Ukraine. The measures are close to being approved, after earlier delays linked to energy concerns in Slovakia and Hungary eased following repairs to the Druzhba oil pipeline.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 24th of April, covering the latest developments you need to know.
A United States Army soldier has been charged with making more than $400,000 by betting on the removal of Venezuelan leader Nicolás Maduro, according to the Department of Justice.
The European Union adopted its 20th package of sanctions against Russia on Thursday (23 April), introducing sweeping new restrictions aimed at weakening Moscow’s war economy and limiting its capacity to sustain the war in Ukraine.
European Union leaders were set to discuss the bloc’s mutual assistance clause at a summit in southern Cyprus on Thursday, as U.S. President Donald Trump’s criticism of traditional allies raises concerns over his commitment to NATO.
International cyber agencies on Thursday (23 April) urged organisations to strengthen defences against covert networks used by China-linked hackers to conceal malicious activity, Britain’s National Cyber Security Centre (NCSC) said.
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