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
US Supreme Court weighs TikTok ban over national security risks
Biden supports the law as U.S.-China tensions rise, citing TikTok’s access to 170 million U.S. users’ data
IMF chief predicts steady global growth in upcoming outlook
A strong U.S. dollar could increase funding costs for emerging and low-income economies, says Kristalina Georgieva
Tesla recalls 239,000 U.S. vehicles over rear-view camera failure
The recall follows an NHTSA investigation into 2.6 million Tesla vehicles over remote movement crashes
Meta faces Brazilian government scrutiny over fact-checking overhaul
The move follows Meta’s announcement of discontinuing its U.S. fact-checking program and relaxing restrictions on sensitive discussions
UAE shares mixed ahead of US jobs data
Stock markets in the United Arab Emirates ended Friday on a mixed note, as investors held their breath ahead of crucial US...
India’s FX reserves slump to 10-month low as rupee pressure mounts
MUMBAI: India’s foreign exchange reserves fell for the fifth consecutive week to a 10-month low of $634.59 billion as of Jan. 3,...