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  • H.H. Sheikh Hamdan unveils another milestone for Dubai

    His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has unveiled that the city has registered one of the world's highest hotel occupancy rates at 14.36 million international visitors in 2022.

  • Elon Musk dodges law suit

    A U.S. jury has found Tesla Inc TSLA.O CEO Elon Musk and his company were not liable for misleading investors when Musk tweeted in 2018 that he had "funding secured" to take the electric car company private.

  • G7-led coalition sets price cap on Russian oil products

    The Group of Seven rich nations, the European Union and Australia have set price caps for Russian diesel and other refined petroleum products to keep markets supplied while limiting Moscow's revenues when an EU embargo kicks in.

  • Apple's weak iPhone sales drive first profit miss since 2016

    Apple Inc has forecast that revenue would fall for a second quarter in a row but that iPhone sales were likely to improve as production had returned to normal in China after COVID-related shutdowns.

  • Amazon's outlook disappoints as customer budgets stay tight

    Amazon.com Inc has said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the financial impact of consumers and cloud customers clamping down on spending.


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