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Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

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.
  • Webb telescope directly observes exoplanet CO2 for first time

    The gas giants are not capable of hosting extraterrestrial life, but do offer clues in a lingering mystery about how...

    The HR 8799 system, 130 light years from Earth, is only 30 million years old -- just a baby compared to our solar system's 4.6 billion years.

    A US-led team of researchers used Webb to directly detect carbon dioxide in the atmosphere of all four of the system's known planets, according to the study.

  • Japan puts world’s most accurate clock on sale for $3.3 million

    The "Aether clock OC 020" is so precise that it would take 10 billion years for it to deviate by...

    Shimadzu is aiming to sell 10 of its clocks over the next three years and hopes its customers will use them to advance scientific research.

    Known as a "strontium optical lattice clock", it is 100 times more accurate than caesium atomic clocks, the current standard for defining seconds.

  • Two lunar landings in a week for NASA’s private Moon fleet

    Washington, United States -- More than fifty years passed between the last Apollo mission and the United States' return to...

    First up is Firefly Aerospace's Blue Ghost Mission 1, nicknamed "Ghost Riders in the Sky."

    Blue Ghost's arrival will be followed on March 6 by Intuitive Machines' IM-2 mission, featuring its lander, Athena.

  • UAE’s satellite, developed by Emirati engineers, launched from California to aid disaster relief and earth observation

    With cutting-edge features like high-resolution imaging and electric jet propulsion, MBZ-SAT will enhance environmental surveillance, disaster management, and infrastructure monitoring,...

    Named in honour of the President Sheikh Mohamed bin Zayed Al Nahyan, the satellite was announced in 2020 by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum

    MBZ-SAT marks a significant milestone in the UAE's satellite development journey, having been developed entirely by Emirati engineers at MBRSC

  • Saudi Space Agency launches ‘Space Futures Centre’

    Riyadh, Saudi Arabia - The Saudi Space Agency (SSA) announced Sunday the launch of the Centre for Space Futures, the...

    The Centre for Space Futures aims to enhance space research, innovation, and international collaboration, boosting Saudi Arabia's role in the global space industry

    The Centre positions Saudi Arabia as a key player in advancing space exploration and technological innovation worldwide

  • How public-private partnerships can ensure ethical, sustainable and inclusive AI development

    Public-private partnerships (PPPs) address AI bias by combining ethical guidelines with technological auditing tools. Governments set accountability frameworks, and companies...

    The rapid pace of AI development, growing awareness of its societal impact and the need to harness AI for good makes bridging the 'AI divide' essential

    By collaborating, stakeholders can ensure AI advances responsibly, equitably and for the greater good, helping to build a more just and sustainable future for all

  • Nobel-winning physicist ‘unnerved’ by AI technology he helped create

    Washington, United States - A US scientist who won the 2024 Nobel physics prize for his pioneering work on artificial intelligence...

    John Hopfield, a professor emeritus at Princeton, joined co-winner Geoffrey Hinton in calling for a deeper understanding of the inner workings of deep-learning systems

    With the meteoric rise of AI - and the fierce race it has sparked among companies - the technology has faced criticism for evolving faster than scientists can fully comprehend

  • Imam Turki bin Abdullah Royal Reserve: A hub for over 40,000 beehives

    The reserve is a sanctuary for plant life, home to over 180 recorded species, making up 7.5 percent of the...

    Imam Turki bin Abdullah Royal Reserve hosts more than 40,000 beehives across 400 sites

    The beekeepers expressed their appreciation to the reserve authorities for the vital support provided

  • After AI, quantum computing eyes its ‘Sputnik’ moment

    Cambridge, United Kingdom - Quantum computing promises society-changing breakthroughs in drug development and tackling climate change, and on an unassuming English...

    The founder of Cambridge-based Riverlane, Steve Brierley, predicts that the technology will have its "Sputnik" breakthrough within years

    "Quantum computing is not going to be just slightly better than the previous computer, it's going to be a huge step forward," he said

  • Dubai-based rowers brave Arctic this July to highlight plastics pollution

    At an indoor pool in Dubai, three rowers battle artificial rain and simulated waves as they train for an Arctic...

    They plan to row for three weeks aboard an eight-meter boat flying the UAE flag, with no sail or engine

    The United Nations says plastics account for 85 percent of all marine trash

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