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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.
  • Suez Canal ship traffic normal after tanker collision

    Cairo, Egypt--Shipping traffic was flowing normally on Egypt's Suez Canal on Wednesday, two shipping sources based in the country said, after two tankers that collided earlier were separated.The two tankers, the Singapore-flagged liquefied natural gas (LNG) carrier BW Lesmes and the Cayman Islands-flagged oil products tanker Burri, briefly collided in...
  • One missing after tugboat sinks in Suez collision with tanker

    The authorities in charge of the waterway said that a tugboat sank and a cew member had gone missing after the vessel collided with a tanker. A salvage team had located the wreckage following the accident and the waterway was being cleared and the team rescued six of the seven...
  • Egypt nixes reports that Suez Canal traffic is falling

    The key trading link is setting new records, said the government, quoting the Suez Canal Authority.