Revenue, occupancy drive earnings higher
Dubai, UAE -- UAE telecom operator du said on Monday it had completed the deployment of its National Hypercloud platform...
A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the...The United States has forcefully sought to take TikTok's US operations out of the hands of Chinese parent company ByteDance for national security reasons
Under President Donald Trump's predecessor Joe Biden, the US Congress passed a law to force ByteDance to sell its US operations or face a ban of the app
- Paris, France -- AI companies have sucked up the world's entire music catalogue and are guilty of "willful, commercial-scale copyright...
AI music generators such as Suno and Udio can produce tracks with voices, melodies and musical styles that echo those of original artists such as the Beatles and Mariah Carey.
The Recording Industry Association of America, a US trade group, filed a lawsuit in June 2024 against both companies.
Nvidia announced a $5 billion investment in struggling US rival to jointly develop chips for PCs and data centers. The...Investors were also reacting to Wednesday's US central bank decision to lower rates by 25 basis points, its first cut of the year.
The decision to cut came even as US inflation runs well above policymakers' two-percent target, but analysts said the main focus was on the jobs market.
"We have a deal on TikTok, I've reached a deal with China, I'm going to speak to President Xi (Jinping)...The deal was negotiated over two days of talks in Madrid between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng.
A US federal law requiring TikTok's sale or ban on national security grounds was due to take effect the day before Trump's inauguration on January 20.
- New York, United States - CEO Elon Musk bought about $1 billion worth of shares in Tesla, according to a...
The purchase came the same month Tesla unveiled a proposed compensation package for Musk that could top $1 trillion if he delivers on his vision for stratospheric growth
Tesla chair and close Musk associate Robyn Denholm has made several business media appearances in recent days, defending the pay package
- Donald Trump said -- without directly naming the social media giant -- that a deal was reached with a "certain...
Trump added on his Truth Social network that he would speak to Chinese President Xi Jinping on Friday.
A federal law requiring TikTok's sale or ban on national security grounds was due to take effect the day before US President Donald Trump's inauguration on January 20.
Sharjah, UAE -- The Sharjah FDI Office (Invest in Sharjah) has announced an exceptional increase in foreign direct investment during...In this time period the emirate recorded 74 FDI projects, a 57 percent surge from the 47 projects in the same period last year.
February 2025 saw the highest volume of FDI activity in terms of both project count and capital investment.
- Rome, Italy -- European aerospace firms Airbus, Leonardo and Thales could seal an accord this year to set up a...
The three firms want to set up a satellite production entity to rival Elon Musk's SpaceX and growing low-cost competition from China and other countries.
Roberto Cingolani, head of Italy's Leonardo aerospace and defense giant, said in June that an accord could be taken by July, but the deadlines have been pushed back.
Johannesburg, South Africa -- Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for...Diamond-dependent Botswana is leading the way and launched a sovereign wealth fund this week to lay the "foundation for a more resilient and diversified future beyond diamonds".
It is exploring other avenues too, like boosting luxury wildlife tourism, launching into the medicinal cannabis market and exploiting its abundant sunshine for solar power.
- Taif, Saudi Arabia -- The market value of the camels competing in the final rounds of the 2025 Crown Prince...
The seventh edition of the festival, organized by Saudi Camel Sports, began on September 2 under the patronage of Prince Mohammed bin Salman bin Abdulaziz Al Saud.
The competition featured a total of 249 rounds, with prize money exceeding SAR50 million. The final four rounds, covering a distance of 24 kilometers, will be held on Friday.
