Economy
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Gatwick cancels 82 flights due to staff shortages
Gatwick will cancel around 82 departures over the coming week because of short-term sickness and Covid in the air traffic…
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Saudi cargo firm SAL Logistics IPO could raise as much as $678 mln
Saudi Arabian cargo firm SAL Logistics Services Co could raise as much as 2.54 billion riyals ($678 million) from its…
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HS2: Johnson warns against ‘mutilated’ version of rail link
Former Prime Minister Boris Johnson has urged the government against building a “mutilated” version of HS2. He said suggestions the…
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Electric car rules could cost carmakers billions
New Brexit trade rules covering electric vehicles could cost European manufacturers £3.75bn over the next three years, an industry body…
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Supermarket franchisee Spinneys Dubai plans IPO in 2024 second quarter
Spinneys Dubai LLC, the franchisee of the supermarket chain in the United Arab Emirates and Oman, is planning an initial…
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Private lender Blue Owl plans to open Abu Dhabi Office in Middle East expansion
Private credit lender Blue Owl Capital Inc. is working to open an office and hire a team in Abu Dhabi…
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UAW strike expands to dozens of sites at GM and Stellantis
The United Auto Workers union (UAW) is escalating its fight with some of America’s biggest carmakers by taking strike action…
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Amazon Prime Video content to start including ads next year
Amazon is set to introduce adverts to its Prime Video streaming service in 2024 as it seeks to put more…
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Microsoft’s new Call of Duty deal set for UK approval
The UK’s competition watchdog has said Microsoft’s revised offer to buy the Call of Duty maker Activision Blizzard “opens…
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EU slaps Intel with a whopping €376 million fine over market manipulation
In a bold move, the European Union (EU) Commission has once again wielded its regulatory power, this time hitting US…
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