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(Bloomberg) -- President Donald Trump’s flurry of artificial intelligence deals during his tour of the Middle East is opening a rift within his own administration as China hawks grow increasingly concerned the projects are putting US national security and economic interests at risk.Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’How a Highway Became San Francisco’s Newest ParkPower-Hungry Data Centers Are Warming Homes in the NordicsMaryland’s Credit Ratin

The approach differs from its peer P&G, which is delaying supply chain changes until there is greater certainty.

Mozambique is looking to stake claim in Africa’s dominating oil and gas sector.

Birkenstock posted second quarter double-digit revenue growth across operating regions; pricing integrity suggests price increases due to tariffs.

While many economists are saying the risk of an imminent recession has diminished since China and the United States agreed to lower tariffs earlier this week, JPMorgan Chase’s CEO, Jamie Dimon, is still penciling one in.

MOSCOW (Reuters) -Russia's oil and gas revenue is seen falling by a third in May from a year earlier to 0.52 trillion roubles ($6.48 billion), the lowest level since July 2023 amid weaker oil prices and a stronger rouble, Reuters calculations show. Oil and gas revenue has been the most important source of cash for the Kremlin, accounting for about a quarter of total federal budget proceeds. The proceeds would also halve from April when the budget received an additional 0.49 trillion roubles from the quarterly payment of an additional tax on oil.

Investing.com -- Canada’s wholesale trade posted a marginal gain in March, rising 0.2% to $86.5 billion, according to data published Thursday by Statistics Canada. The increase was led by strength in motor vehicles and miscellaneous products, though declines in other sectors kept overall growth modest.