Chip-maker Micron expands US investment to $200 bn backed by Trump
Washington, United States -- Chip giant Micron Technology on Thursday said it was expanding its domestic investment plan to $200...Business
A hospitality trailblazer talks resilience in a shifting global landscape
Duncan O’Rourke, CEO, Premium, Midscale, and Economy Division for Middle East, Africa and Asia Pacific at Accor, spells out the...Business
US Fed expected to look beyond Trump win and cut rates again
The labor market has remained resilient, despite a sharp hiring slowdown last month due to adverse weather conditions and a...Fed policymakers are expected to focus instead on the health of the US economy
Their favored inflation gauge eased to 2.1 percent in the 12 months to September
AI-Driven technologies drive operational excellence, helping meet sustainability goals
Industrial AI and digital technologies are revolutionizing energy infrastructure, helping companies across asset-intensive sectors achieve operational excellenceThe rising costs of conventional energy provide a strong argument for investing in energy efficiency
Carbon capture is a definitive decarbonization solution, although requiring substantial capital and energy to operate
Altegio in UAE market to local boost digital transformation
Unlike other automation platforms that redirect customers to third-party websites, Altegio keeps booking processes within the client’s own ecosystem.Altegio’s platform offers over 30 specialized tools that streamline operations across marketing, sales, finance, and team management
Founded in 2022 by a group of international entrepreneurs, Altegio has rapidly grown to serve over 10,000 businesses across 89 countries
Global VC investment falls to lowest level in nearly seven years
Global VC investment fell from a five-quarter high of US$95.5 billion in Q2'24 to a nearly seven-year low of US$70.1...Global VC investment drops from US$95.5 billion to US$70.1 billion quarter-over-quarter
AI accounts for six of ten largest VC deals globally in Q3'24
Troubled Boeing faces investors and awaits strike vote
Boeing, the beleaguered aviation giant announces what is expected to be its biggest quarterly loss in four years, and striking...Analysts estimate a loss of US$6.1 billion, its biggest since the fourth quarter of 2020
On October 15, Boeing announced it plans to raise up to US$25 billion to navigate the period
Microsoft unveils autonomous AI agents for business tasks
San Francisco, United States - Microsoft on Monday said it was enhancing its AI offerings with new autonomous agent capabilities as...AI agents are specialized programs designed to perform routine tasks autonomously, such as sifting through sales leads or handling customer service inquiries
The AI agent has become the newest buzzword for major software companies that are investing billions in powerful AI models, which they believe will shape the future of computing
Netflix adds millions of subscribers but growth slows
San Francisco, United States - Netflix on Thursday said it added more than five million subscribers in the recently ended quarter...The streaming juggernaut said it ended September with 282.7 million subscribers, reporting a profit of $2.4 billion
Netflix shares rose nearly five percent to $720.75 in after-market trades, trading at slightly more than double the price from a year earlier
Boeing to cut 10% of workforce
The company has projected a large third-quarter loss.The aviation giant must "reset our workforce levels to align with our financial reality," Chief Executive Kelly Ortberg said
The company announced a series of belt-tightening measures and production delays in the wake of the nearly monthlong strike of 33,000 workers
Riyadh Season 2024 signs sponsorship agreements with local, global partners
Riyadh, Saudi Arabia-- A signing ceremony for Riyadh Season 2024 sponsorships was held on Thursday at Via Riyadh.General Entertainment Authority...Riyadh Season provided a sponsorship worth SAR2 million to the Association of Saving Food
It is a major opportunity for companies to achieve maximum exposure in global and local markets
US considering Google breakup following monopoly ruling
The US Department of Justice (DOJ) made recommendations for Google’s search engine business practices on Tuesday, according to US media....Structural remedies that would prevent Google from using products such as Chrome, Play, and Android
Google will likely appeal, drawing out the process potentially for years
