Economy
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Firms scramble for battery power in Spain and Portugal
On the 28 April last year, Portugal and Spain went dark for several hours. A massive power failure caused widespread…
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Target apologises for ‘offensive’ children Halloween costume after backlash
American retail giant Target has withdrawn a Halloween costume from sale after critics on social media said it resembled a…
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Mamdani administration sued for municipal grocery stores
A coalition of supermarket and bodega owners called the ‘Multicultural Business Coalition’ have sued Mamdani’s administration, saying the city’s subsidized…
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US in danger of nation-wide electricity black out
One U.S. city has been in the dark for a week as the entire U.S. power grid is at risk…
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Saudi Arabia’s RSGT, France’s CMA CGM sign deal to develop Jeddah port terminal
Saudi Arabian terminal operator Red Sea Gateway Terminal (RSGT) and France’s CMA CGM Group said on Tuesday they had signed…
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BNP Paribas receives Saudi regional headquarters license
BNP Paribas has received a regional headquarters license in Saudi Arabia, the Saudi Press Agency (SPA) reported on Tuesday, as France’s biggest…
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Shein aims for almost $27bn valuation in stock market debut
Fast-fashion giant Shein says it plans to raise up to HK13.86bn (£1.3bn; $1.77bn) when its shares start trading on the…
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New Tata boss to face formidable challenges
The shock resignation of Tata Sons chairman N Chandrasekaran earlier this month has left corporate India’s top job vacant. But finding his…
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Uber hit with close to $1 billion fine by EU
Not for the first time, Uber has violated the European Union’s General Data Protection Regulation (GDPR) to the tune of…
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China to switch systems from Windows to Linux
In a bid to assert more control over their digital space and privacy, the Chinese government has decided to adopt…
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