Apple holds talks with rival Meta

Boeing to check undelivered 787s due to fastener issue

• The aviation giant, which faces intensified scrutiny from regulators following recent incidents said planes already in service can continue to be flown safely
• "Our 787 team is checking fasteners in the side-of-body area of some undelivered 787 Dreamliner airplanes to ensure they meet our engineering specifications," the company said

Microsoft unveils ‘AI-ready’ PCs

• The tech giant estimates that more than 50 million "AI PCs" will be sold over the next 12 months, given the appetite for devices powered by ChatGPT-style technology
• Of all the tech giants, Microsoft has pushed the most aggressively to infuse the powers of generative AI into its products, often leaving rival Google to play catch-up

Amazon triples quarterly profit

• Amazon shares were up about one percent in after-market trades that followed release of the earnings figures
• Sales at Amazon online stores grew by 7% in the quarter despite competitive pressure from rivals such as Shein and Temu

Fujifilm ups biotech plant investment

• The cash injection to ramp up output to meet growing demand for antibody drugs brings "the total investment in the facility to over $3.2 billion", the company said
• The investment is part of its strategy of enabling the firm "to construct identical large-scale production facilities" in the United States and Europe, it said

CBI, zypl.ai ink partnership

• CBI, zypl.ai partnership signifies a strategic entry into using AI implementation for advanced credit scoring.
• CBI plans to further enhance operational efficiencies to ensure a swift and seamless lending experience.

RAKBANK, DP World sign pact

• This strategic partnership leverages DP World's extensive trade network and real-time data insights.
• It empowers RAKBANK with enhanced risk assessment capabilities and streamlined access to financing.

EasyLease buys stake in United Trans

• United Trans has been at the forefront of transforming the regional transport spectrum.
• The company collaborates with major global organizations across all modes of transport.

Liberty Media buy MotoGP

• The acquisition is expected to be completed by the end of 2024 subject to clearances and approvals.
• MotoGP said Liberty Media would acquire "approximately 86 percent" stake from Spain-based owners Dorna.

Omantel approves cash dividend

• Omantel continued to successfully implement its strategy Shift Gear despite market challenges and increasing competition.
• Omantel Group revenues and profits, as the group's revenues were up by 9.7percent