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Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Europe hyperloop test hits new speed record in Dutch trial

The Hague, Netherlands -- A Dutch tech startup said Wednesday it had set a European speed record for its futuristic...

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How social media can ‘trigger’ eating disorders in young people

Paris, France -- Social media can push vulnerable young people towards developing eating disorders by glorifying thinness and promoting fake,...

ADNOC expands its STEM Education Programme to empower UAE students in AI

Abu Dhabi, UAE  – ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education programme to empower UAE students...

Google makes case for keeping Chrome browser in US court

Washington, United States - Google on Friday urged a US judge to reject the notion of making it spin off...

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China’s Xiaomi to invest nearly $7 bn in chips

Chinese tech giant Xiaomi will invest 50 billion yuan ($6.9 billion) in developing high-end smartphone chips, the firm's founder said...
  • Xiaomi, which sells goods from smartphones to vacuum cleaners and EVs, is one of China's most prominent consumer electronics firms.
  • Xiaomi took initial steps into semiconductors for smartphones with the launch of the firm's first in-house chip - the Surge S1 - in 2017.

World’s tiniest pacemaker is smaller than grain of rice

Paris, France -- Scientists said Wednesday they have developed the world's tiniest pacemaker, a temporary heartbeat regulator smaller than a...
  • While still years away from being tested in humans, the wireless pacemaker was hailed as a "transformative breakthrough" that could spur advances in other areas of medicine.
  • Millions of people across the world have permanent pacemakers, which stimulate hearts with electrical pulses to ensure they beat normally.

EU skewers Google, Apple over tech rules – despite Trump threats

The European Union defied US threats of retaliation Wednesday by accusing Google of violating its digital rules -- which could...
  • The moves risk opening up a new front in the already fraught relationship between the EU and President Donald Trump,
  • Apple and Google responded that the EU risked European users' security and its moves would hinder innovation