Economy
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Tesla vs Tesla: US carmaker sues Indian namesake for copying trademark
Elon Musk’s carmaker Tesla has sued an Indian battery maker for infringing its trademark by using the brand name “Tesla Power” to…
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How will Saudi Arabia’s Vision 2030 enhance the country’s economy?
Saudi Arabia’s Vision 2030 is a nationwide plan to tap into various sectors of the country to transform and unlock the potential…
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Ukraine central bank introduces largest wartime currency liberalization measures
Ukraine’s central bank introduced its largest wartime currency liberalization measures on Friday, with most of the new provisions to take…
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US military pauses construction of Gaza pier due to inclement weather: CENTCOM
The US military temporarily has paused construction of a floating pier off the coast of Gaza due to weather that caused unsafe…
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Novo Nordisk raises outlook fueled by weight loss drug demand
Novo Nordisk raised its 2024 outlook on Thursday and delivered better-than-expected first-quarter profits as the Danish drugmaker races to boost output…
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Global rice market stable for now but weather risk remains
Global rice supplies have stabilized after last year’s rally, although the market remains vulnerable to risks from dry weather caused…
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EU chief announces $1 bln in aid for Lebanon to shore up economy
EU chief Ursula von der Leyen on Thursday announced $1 billion in aid for Lebanon during a visit to the…
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Dubai property: Prices to soar in 2025, flooding to have ‘minimal impact’ on market
Dubai’s real estate market continues to outperform global hotspots like New York, London and Hong Kong, with no signs of a slowdown…
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Shipping giant Maersk’s net profit sinks amid Red Sea attacks
Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as attacks by Yemen’s…
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India widens spices crackdown with nationwide checks on all manufacturers
India’s food safety regulator said on Thursday it had ordered nationwide testing and inspections at all companies making spice mixes,…
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