Brown Munde
Ap Dhillon, Gurinder Gill & Shinda Kahlon
Business News from Tuesday, October 28th, 2025
-
Abu Dhabi Airports posts strong passenger, cargo growth
Abu Dhabi Airports has reported its 18th consecutive quarter of double-digit passenger growth.
-
Apple races past $4 trillion market value
Apple topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race.
-
New deal with Microsoft values OpenAI at $500 billion
Microsoft and OpenAI reached a deal to allow the ChatGPT maker to restructure itself into a public benefit corporation, valuing OpenAI at $500 billion and giving it more freedom in its business operations.
-
US flight delays near 7,000 as government shutdown hits Day 27
US air travel turmoil deepened as nearly 7,000 flights were delayed nationwide, with air traffic controller absences surging as the federal government shutdown reached its 27th day.
-
Amazon targets as many as 30,000 corporate job cuts, sources say
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
News
-
UAE launches aid mission for hurricane-hit Caribbean nationsThe UAE has launched an urgent humanitarian mission to assist communities affected by Hurricane Melissa, which devastated parts of Jamaica, Haiti and Cuba.
-
New paid parking zones introduced in DubaiDubai’s public parking operator Parkin has announced the introduction of new paid parking zones in two key areas of the city.
-
H.H. Sheikh Khaled holds talks with South Korean PresidentHis Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, looked at ways to advance cooperation with South Korea in key sectors during talks with President Lee Jae-myung in Gyeongju.
