Economy
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Ukraine says Russia struck civilian ship near Odesa
Russia has fired a missile at a Liberia-flagged civilian ship entering a port in the Black Sea region of Odesa, according…
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Saudi Aramco profits down 23 pct on lower oil prices, production cuts
Energy giant Saudi Aramco on Tuesday posted a 23 percent year-on-year drop in profits for the third quarter, the result…
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Co-working startup WeWork goes bankrupt, signs pact with creditors to cut debt
Former high-flying startup WeWork Inc. filed for bankruptcy listing nearly $19 billion dollar of debts, a fresh low for the…
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Riyadh Air to announce narrowbody plane order in coming weeks: CEO
Riyadh Air will announce a deal to buy a “sizeable” number of narrowbody aircraft in the coming weeks, the startup…
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Marks & Spencer bets on UK high street with new shops this holiday season
Marks & Spencer Group Plc is opening nine UK stores in November as it bets on a profitable holiday season.…
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Oil prices tick upwards after Saudi Arabia, Russia stick to voluntary output cuts
Oil prices edged up on Monday as top exporters Saudi Arabia and Russia said they would stick to extra voluntary…
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Saudi Arabia confirms to continue voluntary 1 mln bpd output cut for December
Saudi Arabia will continue with its voluntary output cut of 1 million barrels per day (bpd) until the end of…
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Musk says his new AI chatbot has ‘a little humour’
Elon Musk has launched an AI chatbot called Grok on his social media site X, formerly Twitter, but so far…
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Saudi non-oil economy sees fastest job growth in 9 years
Saudi Arabia’s non-oil economy saw its fastest job growth in nine years in October, signaling another improvement in business conditions…
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China’s Sinopec signs new 27-year LNG supply deal with QatarEnergy
State-owned Chinese firm Sinopec signed a new 27-year liquefied natural gas (LNG) supply and purchase agreement with QatarEnergy, the two…
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