Chicken wings, trucks: the surprising Saudi obsession with America
While many American companies have been in Saudi Arabia for decades, its Vision 2030 agenda -- the oil-dependent country's giant economic diversification plan -- has opened it up and paved the way for further investment.
Japan's Panasonic targets 10,000 job cuts worldwide
The cuts, which represent around four percent of the group's workforce of nearly 230,000, will be implemented mainly in the current financial year to March, it said.
Germany's Merz urges EU to scrap green business rules
The rules have been attacked as too burdensome for businesses as the bloc throws all its energy into making its companies more competitive in the face of fierce competition from China and the United States.
Disney announces new theme park in Abu Dhabi
Disney stated that it aims to attract tourists from "the Middle East and Africa, India, Asia, Europe, and beyond. "
US Fed pauses rate cuts again and warns of inflation, unemployment risks
Policymakers voted unanimously to hold the US central bank's key lending rate at between 4. 25 percent and 4. 50 percent, the Fed said in a statement.
Bill Gates says AI key for health, education innovation
Gates visited President Prabowo Subianto and Indonesian philanthropists in the capital Jakarta, where he spoke about his optimism that AI-driven innovation will help tackle global challenges.
US Fed expected to pause rate cuts again, await clarity on tariffs
Donald Trump has imposed steep levies on China, and lower "baseline" levies of 10 percent on goods from most other countries, along with 25 percent duties on specific items like steel, automobiles and aluminum.
Facing a broken economy, Ghana's tech-savvy teens turn to fraud
From mobile money fraud to investment scams, a murky digital underworld is sucking in minors, many working from their bedrooms or small kiosks operating in plain sight, anywhere with a stable internet connection.
TikTok fined €530m in EU over China data transfer
TikTok, which is also in the crosshairs of the United States, said it planned to appeal the fine from Brussels. It insisted it had "never received a request" from Chinese authorities for European users' data.