Pepsi pops on Q2 earnings beat fueled by cost cuts and snacky revamps
PepsiCoPEP $145.21 (7.28%) shares soared over 6% Thursday morning after the snacks and beverage giant topped Q2 earnings expectations even as overa ...
Huawei tops China’s smartphone market after 4 years, secures 18.1% market share
Huawei has returned to the top of China’s smartphone market for the first time in more than four years. In the second quarter (Q2) of 2025, t ...
Trump says he’s ‘highly unlikely’ to fire Fed’s Powell after floating that idea in private
President Donald Trump said Wednesday that he was “highly unlikely” to fire Federal Reserve Chair Jerome Powell, a public statement mad ...
UAE unveils AI-driven federal budget cycle for 2027–29
The UAE has launched its federal budget cycle for 2027–29, introducing an artificial intelligence-driven, performance-based approach aimed at ...
Renault shares tumble on profit warning as interim CEO named
Shares in Renault (RENA.PA), opens new tab plunged as much as 18% on Wednesday after the French automaker surprised investors with a profit warning ...
Adnoc to transfer OMV shares to its international investment arm
Abu Dhabi National Oil Company (Adnoc) is set to transfer its 24.9% shareholding in Austrian energy player OMV to XRG, Adnoc's wholly owned interna ...
NVIDIA CEO Jensen Huang Promotes AI in Washington, DC and China
This month, NVIDIA founder and CEO Jensen Huang promoted AI in both Washington, D.C. and Beijing — emphasizing the benefits that AI will ...
Dollar holds below 3-week peak following inflation data
The dollar hovered just below a three-week high against a basket of currencies on Tuesday as traders assessed the latest inflation reading. ...
Wizz Air to Cease Operations in Abu Dhabi Amid Strategic Restructuring
Abu Dhabi - Wizz Air announced today that it will suspend all operations in Abu Dhabi starting September 1, 2025, as part of a broader strategic re ...
Oil prices rise on strong US demand, weak dollar
Oil prices ended the week higher, supported by a weaker US dollar, signs of strong US fuel demand, and fresh geopolitical tensions, despite pressur ...
UAE integrates AI into education to prepare students for the future
Integrating Artificial Intelligence (AI) into educational curricula has become a crucial step in keeping pace with the rapidly evolving technologic ...
UAE ranks third globally in sovereign wealth assets
The UAE has secured the third position globally in the Global SWF mid-year report 2025, with sovereign-owned investor (SOI) assets valued at $2.49 ...
UAE non-oil private sector grew in June but Israel-Iran war weighs on demand
Business activity in the UAE's non-oil private sector grew in June, but demand slowed due to the Israel-Iran war. The S&P Global Purcha ...
Oil edges down on easing Middle East risks but gains for a second month
Oil prices edged down on Monday as investors weighed easing Middle East risks and a possible OPEC+ output increase in August. Both Brent an ...
China-US engagement brings great benefits to both countries, the world
Former Australian prime minister Paul Keating, respected for his exceptional ability to capture political essence in sharply concise observations, ...
Abu Dhabi investor takes 35% stake in Limagrain Vegetable Seeds
ADQ and Limagrain have entered into exclusive discussions for ADQ to acquire a 35 percent stake in Limagrain Vegetable Seeds (LVS), the vegetable s ...
The UAE is among the world's elite economies in sovereign ratings
The United Arab Emirates (UAE) Ministry of Finance announced that the world’s top three credit rating agencies – Fitch Ratings (Fitch), ...
Dubai attracts 8.68 million international visitors in first 5 months of 2025
Dubai attracted 8.68 million international visitors from January to May 2025, marking a 7 per cent increase compared to the same period in 2024, wh ...
Trump says China can buy Iranian oil, but urges it to purchase US crude
U.S. President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move tha ...
Wizz Air Suspends All UAE Flights Until June 30 Amid Regional Airspace Closures
Wizz Air has announced the suspension of all flights to and from the United Arab Emirates until June 30, citing widespread airspace closures across ...
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