Tesla cuts car models in shift to robots and AI
Tesla says its annual revenue has fallen for the first time as the electric vehicle (EV) maker shifts its focus…
Category: BUSINESS
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Saudi Arabia Exempts High-Growth Sectors from Franchise Experience Rule
Saudi Arabia will allow selected high-growth and innovative sectors to offer franchises without meeting a long-standing operational experience requirement, in…
Facebook-owner Meta to nearly double AI spending
Meta boss Mark Zuckerberg plans to ramp up spending on artificial intelligence (AI) projects this year, even as other executives…
Why an India court ruling on a 2018 deal is rattling foreign investors
Foreign investors and private equity firms operating in India are making anxious calls to advisers and lawyers after a Supreme…
AVENEW Development and Hilton share for Waldorf Astoria Dubai Islands and Residences
AVENEW Development, a Dubai-born real estate innovator, has signed an agreement with Hilton to open Waldorf Astoria Dubai Islands and…
Record Demand … $10.5 Billion in Initial Orders for Aramco Bonds
Saudi Aramco saw on Monday a strong demand in the first hours after the company offered indicative pricing for four-tranche…
US government invests $1.6bn for stake in rare earths firm
The Trump administration will invest $1.6bn (£1.2bn) in a US critical minerals firm, marking officials’ latest push to reduce China’s…
India and EU announce landmark trade deal
The European Union and India have announced a landmark trade deal after nearly two decades of on-off talks, as both…
How crypto criminals stole $700 million from people using old tricks
There’s something uniquely agonising about having your cryptocurrency stolen. All transactions are recorded on a digital ledger, known as a…
Gold and silver prices hit high after tariff threat
Gold and silver prices have hit record highs following the threat by US President Donald Trump to impose fresh tariffs…