Economy
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Spain loses $15 million from world cup while the US gives it to anti-Iran efforts
This week, the $15 million figure surfaced in two very different international stories, demonstrating how the same sum of money…
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GL Group makes Azerbaijan’s first acquisition of US oil and natural gas assets
Azerbaijani privately owned energy company GL Group has acquired oil and gas assets in four producing fields in Texas and is now…
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Saudi vessel sustains minor hull damage after Red Sea attack: SPA
A Saudi vessel, NCC MASA, sustained minor hull damage after it was attacked while sailing in the Red Sea on…
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EU clears $110bn Paramount and Warner Bros merger, but it remains on hold in US
European regulators have cleared Paramount Skydance’s $110bn (£85bn) takeover of Warner Bros Discovery – though the mega-merger still faces a…
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Russia’s businesses under strain from Ukraine’s attacks on Wildberries
Ukrainian drones have hit several retail warehouses belonging to Russia’s biggest online retailer, Wildberries, in a matter of days, dealing…
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Dubai offering $815 to people inviting family and friends to visit
Feeling the heat from the war hitting the tourism industry, Dubai has begun to take measures to attract visitors –…
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Saudi airline Flynas adds 25 Airbus aircraft, taking firm commitments to 235
Saudi Arabian low-cost carrier Flynas has agreed to buy five additional Airbus A330-900 aircraft and 20 additional A321neo jets, Airbus…
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Paramount and Warner Bros mega merger paused by judge
A US federal judge has temporarily blocked the proposed $110bn (£85bn) merger between media giants Paramount Skydance and Warner Bros…
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Ozempic-maker sues rival, accusing it of false advertising
The maker of Wegovy and Ozempic, Novo Nordisk, has launched legal action accusing its arch rival Eli Lilly of false…
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Trump hits Canada with 50% tariff
The Tariff President, Donald Trump, continues to impose tariffs on friends and enemies alike, the latest being Canada with a…
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