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Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.
  • Bilateral trade in 2023 to overtake 2022 figures, says Canada’s envoy to UAE

    ABU DHABI, UAE - Trade between the two countries is on an upswing with volumes this year expected to surpass...

    Trade between the UAE and Canada, worth US$4.1 billion in 2022, surpassed the 2021 figure of US$3.4 billion (AED12.7 billion).

    Bilateral trade to the tune of US$1.8 billion in H1 2023 (January to June) exceeded the US$1.7 billion worth of trade in H1 2022.

  • Foreign investments rise in NE China due to several projects

    SHENYANG, CHINA – Investments in the country’s northeast have grown over the past years as several multinational corporations put in...

    Aramco and JV partners NORINCO Group and Panjin Xincheng Industrial Group have a mega Saudi-Chinese petrochemical project in Liaoning Province.

    The project is a 300,000 barrels per day refinery and a petrochemical complex with an annual production capacity of 1.65 million metric tons.

  • Thai FM travels to Qatar, Egypt for Hamas hostage talks

    Prime Minister Srettha Thavisin said Monday his government was working hard to get Thai citizens home. About 30,000 Thais were...

    More than 230 hostages are being held by Hamas in Gaza, according to the latest Israeli figures

    Thai FM is traveling to meet Qatari leaders to discuss the situation of Thai nationals being held hostage

  • GCC chief stresses need for combating corruption to fuel economic growth

    Muscat, Oman-- Secretary General of the Gulf Cooperation Council (GCC), Jasem Mohamed Albudawi, has underscored the importance of cooperation in...

    Albudawi spoke on corruption at the 9th meeting of the Ministerial Committee concerned with combating corruption in the GCC countries

    He said fighting corruption has globally gained importance in recent years, in light of the growing negative impact of corruption on economies

  • The ‘Pax Americana,’ the ‘American world’ with a single hegemon is crumbling: Putin

    Novo-Ogaryovo, Russia: The United States and its satellites are benefiting from conflicts in the Middle East and other parts of...

    The US as a global superpower is becoming weaker, losing its positions, and everyone sees it, understands it, Russian president said

    The United States ruling elites and their satellites are the major beneficiaries of the global instability, Putin said about conflict in Gaza

  • Gaza ceasefire will not happen: Netanyahu

    Israeli prime minister said ceasefire would amount to surrendering to the Gaza Strip's rulers Hamas and said that the international...

    Netanyahu said that Israel would "fight until this battle is won"

    The health ministry in Gaza says at least 8,306 people have been killed

  • Biblical-scale catastrophe unfolding in Gaza Strip: Russia’s UN envoy

    United Nations, New York - A humanitarian catastrophe on a biblical scale is unfolding in the Gaza Strip, Russia’s Permanent...

    The number of fatalities in the enclave has surpassed 8,000 people, half of whom are women and children, the envoy pointed out

    Over 2,000 people remain under the rubble, more than 21,000 sustained wounds while internally displaced people number 1.6 million, he added

  • Politics in fashion: Luxury brands react to Gaza crisis

    From L'Oréal's controversy involving model Amena Khan to Chanel's significant financial pledge, the fashion industry is deeply entwined in political...

    From L'Oréal's controversy involving model Amena Khan to Chanel's significant financial pledge, the fashion industry is deeply entwined in political discourse amid Gaza crisis.

    As luxury brands navigate the delicate balance amid the ongoing Israel-Hamas conflict, the role of social media influencers and corporate philanthropy comes to the forefront.

  • Russia points fingers at ‘external’ forces behind anti-Israel riot

    Moscow, Russia - Russia on Monday blamed "external interference" for an anti-Israel riot that closed an airport in the Muslim-majority region...

    "Yesterday's events at Makhachkala airport are, to a large extent, the result of external interference," Kremlin spokesman said.

    Russian police on Monday said they had arrested 60 people suspected of storming the airport, seeking to attack Jewish passengers coming from Israel.

  • UN warns of Syria danger and Israel-Hamas ‘spillover’

    United Nations - The United Nations on Monday warned that Syria was at its "most dangerous" point in a long...

    Syria has "seen growing instability and violence, exacerbated by the lack of a meaningful political process," Geir Pedersen, UN special envoy for Syria said.

    "On top of the violence emanating from the Syrian conflict itself, the Syrian people now face a terrifying prospect of a potential wider escalation," Pederson said.