Apple faces accusations of overcharging British consumers by $1.8 billion
The U.S. tech giant faces claims from 20 million U.K. users over alleged overcharges for app purchases
US restricts AI chip exports, allies get unlimited access
The U.S. leads AI now – both AI development and AI chip design, and it's critical that we keep it that way, says U.S. Commerce Secretary Gina Raimondo
Oil prices rise as U.S. sanctions tighten Russian crude exports
Brent crude futures rise by $1.20 to $80.96 a barrel, while U.S. West Texas Intermediate (WTI) crude rises by $1.30 to $77.87 a barrel
Global air finance summit addresses challenges in jet supply and demand
Some delegates believe jet shortages will last three more years, while others expect longer delays due to 4,000 unbuilt jets
Bezos’ Blue Origin postpones New Glenn liftoff after countdown issues
Troubleshooting the issue would extend the delay beyond the launch window, potentially lasting 24 hours or longer, says Blue Origin
Japan PM urges Biden to ease concerns over $14.9 billion US Steel acquisition
Ishiba underscores the importance of providing businesses with a stable investment environment
Nvidia warns U.S. national security is not improved by new AI chip rule
The regulation would harm U.S. leadership in AI technology and threaten to derail innovation and economic growth worldwide, says Nivida
IMF projects steady global growth amid economic uncertainty
WASHINGTON: The International Monetary Fund (IMF) is preparing to unveil its latest World Economic Outlook on January 17, with projections of steady...
Most Gulf markets fall after stronger than expected US jobs data
Most stock markets in the Gulf were subdued on Sunday following stronger than expected U.S. jobs data, which reinforced expectations that the...
Tougher US sanctions to curb Russian oil supply to China and India
NEW DELHI/SINGAPORE: Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight...
Afghanistan emerges as top buyer of Russian wheat flour with $80 million imports
Russia records $300 million in wheat flour exports, with 3% value and 7% volume growth
Apple recommends rejecting proposal to abolish diversity and inclusion programs
The proposal, submitted by the National Center for Public Policy, suggests ending Apple's inclusion and diversity initiatives, citing legal, reputational, and financial risks
Chinese cyberattacks push Biden to reform US cybersecurity standards
Biden targets cyber risks after Chinese hacks on U.S. infrastructure, emails, telecoms, and Treasury
Bezos’ Blue Origin challenges SpaceX with New Glenn rocket launch
The 30-story New Glenn represents a decade-long, multibillion-dollar effort to challenge SpaceX’s Falcon 9
Musk accuses OpenAI and Microsoft of anticompetitive practices
Elon Musk alleges that OpenAI violated antitrust laws by compelling investors to avoid funding rival AI firms and by sharing board members with Microsoft