Archive / Lead News - 2023
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Chinese money pours into Japan-focused funds, triggering risk warningsChinese money is pouring into Japan-focused stock funds as the Nikkei hits 33-year highs, triggering repeated warnings from fund managers about market risks.Two Shanghai-listed exchange-traded...The Rising Demand for Genuine Leather Garments and the Evolving Leather Fashion IndustryThe global fashion industry has witnessed a significant surge in the popularity of genuine leather garments in recent years. From custom leather garments to stylish...India scorched by extreme heat with monsoon rains delayedSwathes of India from the northwest to the southeast braced for more scorching heat on Monday (May 22), with New Delhi under a severe weather...Plugo to install EV charging stations at Marriott hotels in JapanMarriott has partnered with Plugo, a Japanese electric vehicle (EV) charging service company that only uses renewable energy such as solar and wind power.In support...Indian Textile Industry Flourishes as Manufacturers Explore Global MarketsThe Indian textile industry has witnessed significant growth in recent years, making it one of the leading sectors contributing to the country's economy. With a...Dubai's government debt burden to fall this year amid robust economic momentum, S&P saysDebt burden of Dubai's government as share of the emirate’s gross domestic product will fall this year as its economy will continue to grow robustly...Exploring the Global Market for Raw Mineral Materials: Trends, Suppliers, and TradingThe global market for raw mineral materials is a dynamic and vital component of numerous industries worldwide. These materials, commonly referred to as industrial minerals,...UAE travellers can now enter to win Hong Kong Tourism's free flight giveawayHong Kong is hoping to boost its tourism industry by giving away 500,000 free flight tickets to visitors globally.During the Covid-19 pandemic, the destination was...Crypto companies urged to learn lessons from FTX collapse 'or risk Lehman-style crisis'Cryptocurrency companies should learn lessons from the collapse of the FTX platform, or the industry could risk a broader crisis similar to the one that...Intel, Samsung hammered as chips demand plummetsThe crucial semiconductor industry, that powers everything from personal computers, smartphones to fighter jets, suffered a dismal first quarter as demand plummeted for chips. Intel...Aramco, PIF and China's Baosteel sign agreement to build Saudi steel plate complexSaudi Aramco, the world's largest oil-producing company, the Public Investment Fund and China's Baoshan Iron and Steel (Baosteel) have signed an agreement to build the...Fast Food Industry Experiences Surge in Demand for ProductsThe fast food industry has been experiencing a surge in demand for its products in recent years, resulting in significant market growth. As consumers' lifestyles...Revolutionizing the Printing Industry with Innovative MachineryThe printing industry has seen a significant shift in recent years with the introduction of innovative printing technology. This technology has brought about many changes...Emaar to open eight new hotels across the UAE, Saudi Arabia and EgyptEmaar Hospitality Group, the developer behind properties such as Address Hotels + Resorts, Vida Hotels and Resorts, as well as Armani Hotels and Resorts, announced...More weakness in US banking sector expected, IMF's Georgieva saysInternational Monetary Fund managing director Kristalina Georgieva said on Monday she expects more weaknesses to be exposed in the banking sector, only hours after First...Product Sourcing Made Easy with Beauty Product AgentsBeauty product sourcing can be a challenging and time-consuming process, especially for businesses that are just starting out or looking to expand their product offerings....Automobile industry gears up for major growth in 2023The automotive industry is gearing up for major growth in 2023, driven by various factors such as technological advancements, emerging auto markets, and the growing...Global Medical Equipment Industry Shows Strong Growth in Face of ChallengesThe medical equipment industry has been facing a range of challenges in recent times, from supply chain disruptions to rising competition. However, the industry has...Rice and Wheat Exporters Tap into Emerging Markets in AsiaAs the world's largest continent and home to over half of the global population, Asia presents significant opportunities for rice and wheat exporters. In recent...Visa net profit surges on higher payment volumesVisa, the world's largest payments company, on Tuesday reported a 17 percent annual increase in its 2023 fiscal second-quarter net profit, driven by a surge...Why Norway's $1.4tn sovereign wealth fund is bullish on AI as inflation bitesStock-pickers at Norway’s $1.4 trillion wealth fund expect that putting artificial intelligence to use will boost company profits, counteracting persistent price growth that continues to...Saudi Arabia registers lowest annual inflation rate since July 2022Saudi Arabia’s annual inflation eased in March, marking the lowest rate of price growth since July 2022. On a monthly basis, the kingdom’s consumer price...Rio Tinto share price falls despite record iron ore exportsThe Rio Tinto Ltd (ASX: RIO) share price is in the red amid the mining giant announcing record first-quarter iron ore shipments. The S&P/ASX 200...T. rex skeleton sells for more than $6mA skeleton of a 67 million-year-old Tyrannosaurus rex has been sold to a private individual for 5.55 million Swiss francs ($6.2m; £5m). This is the...Turkey and Thailand among most popular travel destinationsRamadan is more than halfway through and travellers are starting to make plans for the coming Eid holiday.Predicted to begin on April 20 in the...Moody's cuts Israel's outlook on 'governance deterioration'Moody’s Investors Service has revised Israel’s outlook to stable from positive amid mass protests in the country over judicial reforms but kept the overall A1...Case Enters Subcompact Market with New Small Articulated LoadersIt’s not quite a skid steer, CTL or compact wheel loader – it’s a small articulated loader – a new product category that Case Construction...Saudi Arabia launches four special economic zones to attract foreign investorsSaudi Arabia has launched four special economic zones that will offer companies financial and non-financial incentives as it seeks to attract more foreign investment and...Global venture capital funding drops in first quarter amid economic challengesVenture capital funding for start-ups globally continued to decline in the first quarter of the year amid a challenging economic environment, a study from CB...Why honey, taken in moderation, is good for youA natural product made by honeybees from nectar of flowers, honey has both nutritional and therapeutic benefits. Valued since ancient times, it has been used...New sugar-based material could replace single-use plasticsUs Scientists reporting in the ACS Sustainable Chemistry & Engineering journal claim to have created a new type of material that could replace single-use plastic...Mena region to grow at a slower pace this year, IMF saysGrowth in the Middle East and North Africa regional economy is projected to slow to 3.1 per cent this year, from 5.3 per last year,...Russian oil exports hit near three-year high in March: IEARussian oil exports jumped to their highest level in almost three years in March despite Western sanctions, but revenues were down sharply from last year,...Indian Railways announces tour package from Ayodhya to Vaishno DeviIf you have been planning a trip to Vaishno Devi, the Indian Railways is coming with a great offer. Reports have it that IRCTC will...Apple leads decline in global PC shipments in first quarter amid weak demandApple's global personal computer shipments dropped more than 40 per cent in the first quarter of 2023, leading the decline in the overall market as...Growth policies and higher credit provision needed to exit slowing economy, Malpass saysCountries need to adopt policies that "generate more growth" to emerge from a "a global economy that's slowing", while also ensuring that more credit is...Recurring food crises to worsen emerging markets' credit risks, Moody's saysRecurring food insecurity shocks will worsen emerging markets' credit risks, economic strength, public finances, inequality levels and current account deficits, Moody's Investors Service has said.Low-rated...Kefir labneh with honey and pistachio biscuits recipeI discovered kefir yogurt by mistake when I picked up the wrong pot once, but now I always have it in my fridge for breakfast....China's exports rebound unexpectedly to growth in MarchChina’s exports rebounded unexpectedly to growth in March despite a decline in U.S. and European demand following interest rate hikes to cool inflation.Exports rose 14.8%...Air Canada launches first direct flights from Vancouver to DubaiAir Canada is expanding into the Middle East with new direct flights from Vancouver to Dubai. The flights will be the only non-stop service from...UAE's e& to acquire majority stake in Careem Super App for $400mUAE telecoms and technology company e& has signed a $400 million deal to acquire a majority stake in Careem’s Super App spinout from Uber as...Hermes defies tough economy as Chinese snap up luxury handbagsHermes International's quarterly sales jumped as Chinese shoppers snapped up its pricey scarves and Kelly handbags, fuelling optimism the global luxury industry's top performers will...What Are Corn Nuts, and Where Did They Come From?Corn Nuts are some of the most polarizing products around. Besides the potentially confusing name (“Is it corn, or is it nuts?”), they’re divisive in...Chimera and Haeres Capital form joint venture to invest in European luxury brandsPrivate investment firm Chimera Abu Dhabi and private equity investment company Haeres Capital entered into a joint venture to form a common investment vehicle that...US urges meat companies to ensure they don’t use child laborThe call comes after an investigation found more than 100 kids working overnight for a company that cleans slaughterhouses, handling dangerous equipment like skull splitters...Scenic Eclipse II heads to Lisbon after departure from 3 Maj Shipyard in CroatiaScenic Luxury Cruises & Tours new ultra-luxury Discovery Yacht, Scenic Eclipse II, left the 3.Maj Shipyard in Rijeka, Croatia on April 6. Croatian Prime Minister,...Dubai free zones hub DIEZ reports 42% rise in 2022 operating profitThe Dubai Integrated Economic Zones Authority, which includes the Dubai Airport Free Zone, Dubai Silicon Oasis and Dubai CommerCity, reported a 42 per cent annual...New Markforged 3D printer on show at Australian Manufacturing WeekUS metal and carbon fibre 3D printing company Markforged will showcase its newest production printer, the FX20, at Australian Manufacturing Week in May in Melbourne....Smart Lighting Solution for Public WalkwayBEKA Schréder has supplied a complete smart lighting solution for a public walkway in Stellenbosch, South Africa. The aim of the project was to uplift...US job growth remains strong in MarchThe US economy continued to churn out jobs at a brisk pace last month, government data showed on Friday, in a sign of tightness in...Banking crisis increased odds of US recession, Jamie Dimon warnsOdds of a recession in the US have risen after a string of bank failures that raised concerns about the overall health of the banking...The hottest new climate technology is bricksIndustries that make products ranging from steel to baby food require a lot of heat—most of which is currently generated by burning fossil fuels like...Coking coal slide to 5-month lows after mills seek lower pricesChinese coking coal futures fell nearly 4% to five-month lows on Monday after steel mills sought lower prices for a second time this month, exacerbating...New Toyota chief Sato to embark on EV push as automaker plays catch-upRevving up the electric vehicle business is the first priority for Koji Sato as the new chief executive of Toyota Motor Corp strives to sharpen...High food prices to weigh on Mena economies' growth in 2023, World Bank saysSoaring food prices will weigh on the growth of Middle East and North African economies this year, as double-digit food inflation hits poorer households and...Moo-ve aside cows, this M’sian brand aims to popularise buffalo dairy products insteadWhen thinking of dairy products, what’s the first thing that comes to your mind? Is it milk? Yoghurt? Cheese? Regardless, I’ll bet that you typically...Elon Musk Says Tesla Will Build Shanghai Battery FactoryElon Musk, the chief executive of Tesla, announced on Twitter on Sunday that his company would build a factory in Shanghai with the aim to...Marriott Resort Palm Jumeirah is Dubai's newest family-friendly getaway — Hotel InsiderOne of Dubai’s newest hotels celebrated its opening with a launch party on Friday. The five-star Marriott Resort Palm Jumeirah on Palm West Beach hosted...UAE to offer corporate tax relief to small businesses earning $816,880 or lessSmall businesses in the UAE with revenue of Dh3 million ($816,880) or less can benefit from a new corporate tax relief programme, the UAE's Ministry...What Scandinavian design in diamond jewellerySophie Bille Brahe has always preferred to express herself with her hands. But rather than wild gesticulations, her mode of communication takes the form of...Challenges Manufacturers Face With PCB InspectionThe ever-increasing development pace and diversity of electronic appliances means increasing production challenges in printed circuit board assembly (PCBA), a complex process that involves numerous...British Airways launches visual guide for autism-friendly flyingBritish Airways has created a Visual Guide to Flying for customers with autism, making it the first airline in the UK to produce such a...opular cybercrime website shut down by policeOne of the world's biggest criminal marketplaces used by online fraudsters to buy passwords has been closed down in a global law enforcement crackdown. Genesis...Egypt faces 'stark choice' during economic crisis, Goldman Sachs saysCash-strapped Egypt must speed up the pace of its reforms or make more "painful adjustments" to pluck its economy out of a deepening crisis, according...Plastics touching our food may be making us gain weightWhen it comes to keeping off extra pounds, watching what we eat may not be enough – we have to keep an eye on our...Apple said to cut small number of jobs in corporate retail teamsApple is eliminating a small number of roles within its corporate retail teams, according to people with knowledge of the matter, marking its first known...Business activity in Saudi Arabia remained robust in March on output boostBusiness activity in Saudi Arabia’s non-oil private sector economy remained robust in March as output and new business continued to expand, further supporting employment growth...Is Ballard Power Systems Inc (BLDP) a Winner in the Specialty Industrial Machinery Industry?Ballard Power Systems Inc (BLDP) is near the bottom in its industry group according to InvestorsObserver. BLDP gets an overall rating of 36. That means...Mangalore’s Prakash Offset Printers installs fourth Heidelberg platesetterPrakash Offset’s relationship with Heidelberg dates back to when it installed the first Heidelberg machine and began its operation three decades ago in 1983. Today,...Why Indonesia is courting Tesla chief Elon Musk to invest in the countryWith the world's largest reserves of nickel, used extensively in making batteries, Indonesia is aiming to become an electric vehicle powerhouse, not least by courting...Bahrain launches Golden Licence scheme to attract investmentBahrain launched a 'Golden Licence' initiative on Monday to attract new investment projects and boost job creation in the country.Companies with strategic projects that will...Car battery recycling market gears up for future boomResearcher Anna Vanderbruggen peers into a vat of dark bubbling liquid, the result of a process she has developed to recover graphite from old lithium-ion...The complete guide to investing in luxury handbagsIn the world of collectibles, investing in luxury handbags is big business, and fast becoming a popular option for female investors – seasoned or amateur....Mitsubishi Shipbuilding holds launch ceremony for test ship for liquefied CO2 transportMitsubishi Shipbuilding Co Ltd, a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, has held a launch ceremony for a demonstration test ship for...Swiss watchmakers counting the hours until Chinese tourists return to boost their sectorSwitzerland's major luxury watch brands are cautiously optimistic that Chinese tourists will boost sales this year, if they return to Europe in large numbers after...Global Poultry Markets: Optimistic Outlook but Avian Influenza Is a Wild CardAlthough prices have been somewhat under pressure in Q1 2023, the outlook for global poultry markets remains optimistic. At a time when eggs are reaching...What Ingredients Make A Basic Fruit Dip (& How Do You Flavor It)?From children's birthday parties to celebratory baby showers, engagement parties to casual game nights, there is never a bad time for a fruit tray. Whether...Expo 2020 Dubai expected to add $42bn to UAE economy until 2042, EY saysExpo 2020 Dubai and its legacy are expected to contribute Dh154.9 billion ($42.2 billion) in gross value added (GVA) to the UAE economy from 2013...‘Even if Korean medical device market grows, foreign companies take most profits’Although the Korean medical device market grows rapidly, foreign companies, not domestic firms, take substantive profits, an expert pointed out Monday. Sun Kyung, a special...Export earnings reach $41.72b in July-MarchThe country's export earnings from goods during the July-March period of the current fiscal year (FY23) reached $41,721.62 million having an overall growth of 8.07...Gigantic dinosaur skeleton on show in LondonA colossus has landed in London: A cast of what was one of the biggest animals ever to walk the Earth is now on show...Apple releases security update to fix more than 30 vulnerabilities on iPhones and iPadsApple has released a security update for its operating systems to address more than 30 vulnerabilities on its flagship iPhone smartphones and iPads.The updates, iOS...China and Brazil strike deal to use own currencies for trade instead of dollarChina and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary, the Brazilian government said on...Avoid This High-Performance Parts Scam on Your ToyotaAre aftermarket high-performance parts a good way to either upgrade or replace reputedly non-available OEM parts for your Toyota? Find out how one Toyota owner...Egypt to offer 5-year multiple entry visa to boost tourismEgypt has announced that it will be offering a multiple entry visa for the first time and adding more nationalities to its visa-on-arrival eligibility. This...ChatGPT banned in Italy over privacy concernsThe Italian data-protection authority said there were privacy concerns relating to the model, which was created by US start-up OpenAI and is backed by Microsoft....Lebanon inflation hits 190% in February as IMF calls for urgent reformsInflation in Lebanon hit an annual rate of about 190 per cent in February as the International Monetary Fund called on the country's government, parliament...Antacid Tablets Should Not Be Consumed With Tea And Coffee: ExpertUnhealthy eating habits like having too much tea, coffee, junk, spicy, oily food, and cold-drinks lead to the problem of acidity. Generally, in such situations,...Kedarnath Yatra: You will soon be able to book helicopter services on IRCTC websiteFor all those planning a visit to Kedarnath, and want to book helicopter rides for the same, the IRCTC has made the process simpler for...UAE economy to grow by 4.3% in 2024, Central Bank saysThe UAE Central Bank expects the country's economy to grow by 4.3 percent in 2024 and has maintained its growth forecast of 3.9 percent growth...Motorcycle GPS tracker brand launches a bicycle trackerThe Cycleoop uses GPS and cellular signals to track a bike that is stolen or tampered with and alerts the owner of the bike's location...Another Train Derails, Spilling Toxic Petroleum ProductsThis time, the train was a Canadian Pacific (CP) train, the accident took place in rural North Dakota and the toxins included petroleum used in...AI could replace equivalent of 300 million jobs - reportArtificial intelligence (AI) could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs says.It could replace a quarter of...How India plans to shield businesses from power cuts this summerFor Saurabh Verma, who runs a label printing plant in Ghaziabad in the northern Indian state of Uttar Pradesh, power cuts are one of his...US FDA clears Vaporox’s VHT-200 wound care medical deviceThe US Food and Drug Administration (FDA) has granted clearance for Vaporox’s next-generation VHT-200 medical device system to heal chronic wounds. The patented, FDA 510(k)-cleared...Microsoft expands Incident Response Retainer service; unveils AI-driven security productOrganizations that lack the resources to build their own incident response programs can now pay Microsoft for highly specialized response and recovery services if they're...Why tech roles are still in demand despite mass layoffsLayoffs across the US technology industry have now claimed more than 300,000 jobs. Yet companies are still hiring in areas they see as mission-critical. Contract...Ford’s coming electric pick-up will drive itself, chief executive saysFord Motor plans to make driver-assistance features central to the next electric F-Series pick-up — so much so that you might be able to take...Recycled rubber becomes a life-saving device for motorcyclistsRubber from end-of-life tires becomes raw material for life-saving devices for motorcyclists. The prototype phase, which brought together Anas and the Ecopneus consortium, was passed...New Kentucky law focuses on updates surrounding veterinariansA new law is expected to modernize the licensure of veterinarians across the Commonwealth. It covers a variety of areas including new incentives in hopes...Saudi Aramco to start building China refinery and petrochemical complexSaudi Aramco, the world’s largest oil exporting company, said on Sunday a venture in China will see construction begin on a major integrated refinery and...Jack Ma: Alibaba founder seen in China after long absenceAlibaba founder Jack Ma, who has rarely been seen in public in the past three years, has resurfaced at a school in Hangzhou, a report...Global trade growth to remain subdued in 2023, Unctad saysGrowth in global trade is expected to remain “subdued” this year, following a significant slowdown in the fourth quarter of last year amid geopolitical tensions...OnePlus Nord N20 5G – A Solid Mid-range PhoneThe OnePlus Nord N20 5G is a budget-friendly smartphone that boasts premium specs and 5G capabilities. As a mid-range phone, it competes with the likes...The Trick To Painting Ikea Furniture's Difficult SurfacesIf you've ever shopped at Ikea, you know that most of their furniture comes in white, gray, or wood tones. While these neutrals can work...Federal Reserve faces critical week as crisis fears lingerAs fears over a global financial crisis proliferate and inflation in the US remains elevated, the Federal Reserve will face a near-impossible decision this week...Luxury brand Mondrian to open first UAE hotel in Abu DhabiThe UAE’s first Mondrian hotel is set to open in Abu Dhabi next year. Joining a growing portfolio of hotels in cities including London, Los...ChatGPT bug leaked users' conversation historiesA ChatGPT glitch allowed some users to see the titles of other users' conversations, the artificial intelligence chatbot's boss has said.On social media sites Reddit...Resolution to recognize potato as official Oregon vegetable packs a peelThe Oregon Senate hashed out a decision Wednesday that may have taken the starch out of some lawmakers: a resolution to recognize the potato as...Newly released footage shows wreckage of the ‘unsinkable’ TitanicOut of the gloom of the ocean depths, it suddenly appeared before the oceanographers: an expanse of steel dotted with rivets and portholes, forming the...Core sector companies facing acute shortage of talent at senior managementA growing number of Indian companies in the core sector and process industries are facing an acute shortage of talent at senior management levels as...Gomi Transforms Plastic Waste Into Bluetooth SpeakersBrighton-based design studio Gomi has launched a series of portable Bluetooth speakers which feature casing made from waste plastic and old e-bike batteries. Named “Collection...Is Berkshire Grey Inc (BGRY) a Good Buy in the Specialty Industrial Machinery Industry?The 48 rating InvestorsObserver gives to Berkshire Grey Inc (BGRY) stock puts it near the middle of the Specialty Industrial Machinery industry. In addition to...Carbon component blamed for Vega rocket lossThe fault that resulted in the loss of Europe's premier small rocket, Vega-C, during a launch in December has been identified by investigators.They've traced the...Global Industrial Machinery Market Size, Share and Forecast till 2028 with Top Countries DataThe industrial machinery market is a vital component of the global economy, and its growth is driven by various factors, such as technological advancements, demand...Intel takes PC market share from AMD but not serversWhile AMD seemed to have the upper hand on its eternal rival in the PC market with its Ryzen, the 12th and 13th generation Intel...Waterfall Security Solutions launches WF-600 Unidirectional Security GatewayWaterfall Security Solutions launched the WF-600 Unidirectional Security Gateway, an OT security protection against remote cyber-attacks.The WF-600 product line is a blend of hardware and...Maldives’ Thilafushi – the story of a trash island’s journey to sustainable waste managementThilafushi in the Maldives is nothing like your usual tourist destination. For all we know, it may not even be a full-fledged “destination”. Here’s why...Etihad Rail network set to boost regional trade growth and increase investmentEtihad Rail is set to boost growth in regional trade and promote economic integration while attracting more investment into the UAE's key industries, Emirates NBD...What makes a sustainable rug? Try natural fibers or recycled yarnMore than 3.4 million tons of carpets and rugs ended up as municipal solid waste in 2018, according to the U.S. Environmental Protection Agency. Although...How to download videos from Facebook on desktop and mobileFacebook is one of the most popular video-sharing apps in the world, but surprisingly, it doesn't offer a way to download videos for offline watching.There...P&O Cruises to name new ship in BarbadosAll eyes will be on Barbados this week as the island hosts an unprecedented cruise ship celebration. Today, March 16, P&O Cruises, “Britain’s Favorite Cruise...What It Means When Your Washing Machine Has Too Many SudWashing machines are undeniably more convenient than handwashing clothes, assuming they work correctly. There is any number of issues washing machines can experience, from leaks...Google will stop selling Glass Enterprise Edition to cut costsGoogle is known to be a company that bets on the future and it sees things a decade ahead of time whereas most other companies...Chinese researchers develop biodegradable, recyclable glassA group of Chinese material scientists created a biodegradable and recyclable form of glass with a minimal environmental footprint, which may contribute to the sustainable...Garvi Gujarat Tourist train flagged off from Delhi; 10 more to be launched soonThe latest Bharat Gaurav train to be flagged off is the ‘Garvi Gujarat,’ which aims at showcasing the heritage of the state. If reports are...OQ Chemicals Launches ‘World’s’ First Bio-Based ISCC PLUS Certified Isononanoic AcidOQ Chemicals has launched “OxBalance Isononanoic Acid”, the world’s first commercially available isononanoic acid that is produced from both bio-based and circular feedstocks and is...Healthcare financing needs attentionHealthcare financing which deals with the generation, allocation, and use of financial resources in the health system has become an area of major policy relevance...Antarctica sea-ice hits new record lowThere is now less sea-ice surrounding the Antarctic continent than at any time since we began using satellites to measure it in the late 1970s....Feeding portfolios with agriculture productsFarm tractors, fertilizers, grain bins and processed foods will never be the glamour products of the 21st-century economy — or the stuff of flashy marketing...ChatGPT 4 release date: When is the new AI programme out?Microsoft says an updated version of the ChatGPT tool by OpenAI will be coming some time this week, according to reports."We will introduce GPT-4 next...US inflation cools slightly as Fed considers next move on interest ratesPrices in the US remained stubbornly high but inflation eased slightly last month, further muddying the Federal Reserve's next interest-rate decision as the collapses of...Your Hawaii travel is all set to become more expensive! Know howHawaii will likely impose a tourist tax to tackle the over-tourism issue, which will in turn increase your travel budget.If reports are to go by,...Microsoft signs Xbox game deal with Boosteroid cloud serviceMicrosoft said Tuesday that it has struck a deal to make Xbox PC video games available on the Boosteroid cloud gaming platform, its latest move...Fragmentation one of the biggest risks faced by global economy, says UAE ministerGeographical and economic fragmentation is the greatest danger the global economy faces today and is prompting the drafting of new policies to boost economic integration,...SVB's demise: Why didn't U.S. bank regulators see it coming?With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators....SOYBEAN, WHEAT INSPECTIONS STAY AHEAD OF NEEDED PACESThe USDA says soybean and wheat export inspections continue to run ahead of what’s needed to meet projections for the current marketing year. The 2022/23...Amazon UAE site to showcase 100,000 companies, including local SMEs, by 2026Amazon, the world's biggest e-commerce company, will showcase 100,000 businesses, including local small and medium enterprises, on its UAE website by 2026, Sheikh Hamdan bin...Indonesia’s Mount Merapi volcano erupts, tourism halts due to toxic gas and lava flowsMount Merapi, the most active volcano in Indonesia, erupted on Saturday, sending hot gas clouds and volcanic ash into the air and causing lava flow....Saudi Arabia places order for Boeing jets worth $37bnSaudi Arabia will buy up to 78 Boeing 787 Dreamliner jets with an option to purchase another 43 in a deal worth $37 billion as...Asian shares mixed despite jitters after US bank failureAsian shares were trading mixed Monday, shaken by a Wall Street tumble that set off worries the biggest United States bank failure in nearly 15...White House backs new Senate bill granting power to ban TikTokA bipartisan group of US senators on Tuesday introduced a bill that would give President Joe Biden's administration the authority to ban TikTok and other...Asteroid headed toward Earth may arrive on Valentine's Day 2046 - NasaA newly detected asteroid has a very small chance of impacting the Earth in 2046, Nasa tweeted on Tuesday. If it does hit, the asteroid,...UK economy rebounds with stronger-than-expected January GDP printThe U.K. economy grew by 0.3% in January, official figures showed on Friday, exceeding expectations as it continues to fend off what economists see as...This CFMoto Electric Scooter Might Be Worrisome For The BMW CE 04When it comes to staging two-wheeler concepts, there aren’t many companies that do it better than CFMoto. Though most of these are edgy motorcycles, the...Sharjah launches new luxury camping experience Mleiha GlampingAdventure travellers have another reason to visit Sharjah as the emirate’s tourism authority has launched a new glamping site at Mleiha.At the base of Al...UAE passport is most powerful in the world, according to new indexThe UAE passport has jumped more than 30 places from last year to be ranked the most powerful in the world in an annual list...Why Foxconn needs to be in a hurry to become a significant global EV playerFoxconn wants to do for electric vehicles what it has done with the iPhone, but first, it needs to find the next Apple — and...Atlantic Exhibition To Transform Building, Construction, Machinery IndustryAtlantic Exhibition Nigeria Limited, organisers of BUILDMACEX Nigeria expo, has said that it will boost and transform the building, construction and machinery industry in Nigeria...Abu Dhabi's Ewec aims to boost solar power generation capacity by 600%Emirates Water and Electricity Company is targeting a 606 per cent rise in its solar power generation capacity by 2030 as the UAE pursues its...