Google backs $800 mln funding for Intersect Power’s clean energy projects
The investment reflects Google's push to enhance domestic data center capacity in response to growing cloud demands driven by AI technologies
Amazon to launch quick commerce trials in India, targets 15-minute deliveries
Amazon follows Walmart-backed Flipkart, which piloted its quick commerce service earlier this year in select cities, offering 10-minute grocery deliveries
US finalizes more than $6.1 bln chips subsidy for Micron Technology
It will fund factory projects in New York and Idaho and is expected to create at least 20,000 jobs by the end of the decade
Bank of England to cut rates to 3.5% by 2026, economists predict
Recent insights indicate potential interest rate reduction from the Bank of England as inflation worries loom large
Warner Bros Discovery partners with Comcast for multi-year streaming deal
Warner Bros Discovery plans to sell Max directly to customers in Europe, alongside bundling it with Sky services in over 10 million homes
UAE to implement 15% minimum tax on multinational companies starting in January
DMTT is part of the OECD’s global minimum corporate tax agreement which has 136 signatories, including the UAE
Ad giant Omnicom acquires Interpublic in $13.25 billion all-stock deal
Merger of the two advertising holding companies is expected to generate $750 million in annual cost synergies
BYD on track to top 2024 sales goal and outsell Ford, Honda
BYD grows operations and boosts workforce, surpassing Tesla in EV revenue for Q3
Trump family to bask in crypto industry’s euphoria at Gulf bitcoin gathering
The bitcoin conference continues to focus on key crypto developments as Trump’s team addresses regional issues
India’s antitrust body seeks Supreme Court intervention in Amazon and Flipkart cases
CCI says legal challenges, filed by Samsung, Vivo, and other parties in Indian high courts, aim to derail the probe
Jack Ma links Ant Group’s future growth to AI advancements
The great changes brought by the AI era in the next 20 years will exceed everyone’s imagination, Chinese billionaire
Trump invites Google, Microsoft, Meta to discuss online drug sales
The transition officials want to hear from the companies about their priorities and any barriers to addressing issues around the sales of drugs online
Saudi Arabia’s GDP grows by 2.8% in third quarter
Saudi Arabia’s economy grew 2.8% in the third quarter from the same period a year earlier, supported by an increase in non-oil...
US stocks hit record highs on corporate news
The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and other companies...
Meta rolls out internal AI tool as it pushes into business market
The move aligns with broader competition among tech companies like OpenAI and Google, which are working on AI-powered assistants to serve consumers and businesses