GCC a key player in global freight and logistics industry, says Trukkin’s Dalmia
The region leverages a strategic major hub, advanced infrastructure, and economic diversification to fuel logistics demand, says Janardan Dalmia, Founder...
Interview
Israel army pulls out of Lebanon border villages, holds five positions: source
Israel's army has pulled out of southern Lebanese villages but remains in five positions as a deadline for the withdrawal...
Nissan, Honda shares surge after merger talks scrapped
Nissan and Honda shares surged in Tokyo Friday after the auto giants confirmed they scrapped merger talks and Nissan detailed...
- Nissan shares soared 8.17 percent to 449 yen in early trade before easing to 439.5 yen
- Honda shares rose 4.46 percent to 1,498 yen, before easing to 1.487 yen
Asian stocks rise as Powell rate warning taken in stride
Equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell...
- New York Fed chief John Williams said the economy and consumer spending remained strong
- Wall Street ended Tuesday positively, despite tech stocks dragging the Nasdaq into the red
Altman rejects Musk’s US$97.4 billion bid to buy OpenAI, as feud continues
After receiving backing from his OpenAI board, Sam Altman informed an Elon Musk-led group of investors that sought to buy...
- Musk is suing OpenAI's restructuring plans from a non-profit to a for-profit
- In a repartee, Altman offered to buy Twitter (X) for US$9.74 billion
Government chiefs and tech leaders gather in Paris for AI summit
Political and tech industry leaders were set to descend on Paris Monday for a two-day summit on artificial intelligence, hoping...
- Macron announces US$113 billion investments in AI in coming years in France
- China is opening an investigation into monopolistic practices by Google
Big Tech’s AI spending rattles markets
Amazon and big tech peers Microsoft and Google saw their stock prices fall on concerns over high AI investment costs....
- Meta's stock surged 18 percent in January as investors endorsed its AI strategy
- Amazon forecasts 5-9 percent growth in Q1 2025, with sales between US$151 and US$155.5 billion
Asian markets advance after Wall St gains, US Postal Service U-turn
Asian markets rose Thursday, tracking gains on Wall Street and following the US Postal Service's U-turn on a ban on...
- Investors remained on edge about the economic outlook, pushing Gold prices above US$2,882
- Disappointing earnings from Google-parent Alphabet weighed on the tech sector
Dubai airport clocks record 92.3 million passengers
A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on Thursday, extending a post-pandemic...
- The UAE has now been ranked as the world's busiest international air hub for a decade
- The airport was targeting 400 international destinations, up from 272 currently
Morgan Stanley sees upswing in MENA M&A deal volumes and values
After a challenging year where M&A activity in the Middle East and North Africa took a tumble, Morgan Stanley forecasts...
- 2024 saw 1,111 M&A transactions with exposure to the MENA region, totaling US$75 billion in value
- MENA outbound M&A transactions totaled US$40.2 billion, down 3 percent
Oil prices on the rise despite down week
Oil prices rose on Friday as markets weighed the threat of tariffs by U.S. President Donald Trump on Mexico and...
- In January, Brent looks to gain 3.8 percent while WTI is poised to climb 2.3 percent
- US President Trump threatened to impose a 25 percent tariff on Canadian and Mexican oil exports
FED keeps interest rates unchanged
The Federal Reserve kept interest rates at the current target range of 4.25 percent to 4.50 percent after its January meeting, according...
- Inflation is still deemed ‘somewhat elevated’
- The euro fell to 1.04 against the US dollar following announcement
GCC a key player in global freight and logistics industry, says Trukkin’s Dalmia
The region leverages a strategic major hub, advanced infrastructure, and economic diversification to fuel logistics demand, says Janardan Dalmia, Founder...
Interview
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Altman rejects Musk’s US$97.4 billion bid to buy OpenAI, as feud continues
After receiving backing from his OpenAI board, Sam Altman informed an Elon Musk-led group of investors that sought to buy...
Government chiefs and tech leaders gather in Paris for AI summit
Political and tech industry leaders were set to descend on Paris Monday for a two-day summit on artificial intelligence, hoping...
Big Tech’s AI spending rattles markets
Amazon and big tech peers Microsoft and Google saw their stock prices fall on concerns over high AI investment costs....
Most Read
Dubai airport clocks record 92.3 million passengers
A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on Thursday, extending a post-pandemic...
- The UAE has now been ranked as the world's busiest international air hub for a decade
- The airport was targeting 400 international destinations, up from 272 currently
Morgan Stanley sees upswing in MENA M&A deal volumes and values
After a challenging year where M&A activity in the Middle East and North Africa took a tumble, Morgan Stanley forecasts...
- 2024 saw 1,111 M&A transactions with exposure to the MENA region, totaling US$75 billion in value
- MENA outbound M&A transactions totaled US$40.2 billion, down 3 percent
Oil prices on the rise despite down week
Oil prices rose on Friday as markets weighed the threat of tariffs by U.S. President Donald Trump on Mexico and...
- In January, Brent looks to gain 3.8 percent while WTI is poised to climb 2.3 percent
- US President Trump threatened to impose a 25 percent tariff on Canadian and Mexican oil exports