Economy

US criticizes use of AI to set personalized airline tickets, would investigate

US Transportation Secretary Sean Duffy said Tuesday the department has concerns about the use of AI to set personalized airline…

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Michael Jackson’s dirty sock sells for over $8,822

One of the socks worn by American superstar Michael Jackson during his concert in Nice, France, back on June 27,…

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What’s fueling the future? Wood Mackenzie’s Simon Flowers unpacks Oil, AI & EVs

Wood Mackenzie’s Simon Flowers breaks down oil market volatility, OPEC’s strategy, energy transition hurdles, and how AI, EVs, and China…

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Tesla approves $29 billion in shares to Musk as court case rumbles on

Electric vehicle maker Tesla handed its chief executive Elon Musk a $29 billion pay package Monday, as a lengthy legal…

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Swiss readying ‘more attractive offer’ to dodge Trump’s 39 percent tariff: Govt.

witzerland on Monday said it would offer the United States a sweetened deal to try and avoid a punitive 39…

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UAE summer temperatures surge near record highs after hottest ever spring

The United Arab Emirates is facing surging temperatures this summer after its hottest spring ever, with temperatures soaring close to…

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Jordan’s tourism impacted by Gaza war, Petra visitors down by 61 percent: Official

Jordan has seen a decrease in the number of tourists visiting its famed ancient city of Petra and other sites since the…

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Ukrainian drones spark fire at oil depot in Russia’s Sochi

An Ukrainian drone attack sparked a fire at an oil depot in Sochi, the Russian resort that hosted the 2014 Winter Olympic…

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Eight OPEC+ countries raise production by 547,000 bpd

The eight OPEC+ countries said Sunday they will increase production by 547,000 barrels a day in a move which analysts…

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Average rate on a 30-year mortgage eases again, offering modest relief for home shoppers

The average rate on a 30-year US mortgage eased to where it was three weeks ago modest relief for prospective…

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