Economy
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Uber in talks with banks, private equity firms to fund robotaxi expansion
Uber is in talks with private equity firms and banks to secure funds to build its robotaxi business, CEO Dara Khosrowshahi said,…
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Hong Kong’s Cathay Pacific unveils deal to buy 14 Boeing jets
Hong Kong’s Cathay Pacific said Wednesday it would buy 14 Boeing jets and has secured the right to buy up…
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Despite sanctions, Russian bomb factory bought Siemens tech via middleman
As Russia sought to ratchet up military production for the war in Ukraine, a state-owned explosives manufacturer circumvented Western sanctions…
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US criticizes use of AI to set personalized airline tickets, would investigate
US Transportation Secretary Sean Duffy said Tuesday the department has concerns about the use of AI to set personalized airline…
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Michael Jackson’s dirty sock sells for over $8,822
One of the socks worn by American superstar Michael Jackson during his concert in Nice, France, back on June 27,…
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What’s fueling the future? Wood Mackenzie’s Simon Flowers unpacks Oil, AI & EVs
Wood Mackenzie’s Simon Flowers breaks down oil market volatility, OPEC’s strategy, energy transition hurdles, and how AI, EVs, and China…
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Tesla approves $29 billion in shares to Musk as court case rumbles on
Electric vehicle maker Tesla handed its chief executive Elon Musk a $29 billion pay package Monday, as a lengthy legal…
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Swiss readying ‘more attractive offer’ to dodge Trump’s 39 percent tariff: Govt.
witzerland on Monday said it would offer the United States a sweetened deal to try and avoid a punitive 39…
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UAE summer temperatures surge near record highs after hottest ever spring
The United Arab Emirates is facing surging temperatures this summer after its hottest spring ever, with temperatures soaring close to…
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Jordan’s tourism impacted by Gaza war, Petra visitors down by 61 percent: Official
Jordan has seen a decrease in the number of tourists visiting its famed ancient city of Petra and other sites since the…
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