Business

In an effort to enhance the drive towards carbon neutrality in Saudi Arabia, Saudi Aramco has officially opened a new fibreglass production centre that will help reduce the use of steel rebar in its construction […]

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In a preview of the expected fight for the upcoming 2022 midterm elections, Job Creators Network, small business advocacy group is re-launching next week its Bring Small Businesses Back Bus Tour to highlight concerns over […]

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Ireland’s data privacy watchdog Data Protection Commission (DPC) slapped WhatsApp on Thursday with its biggest ever fine of €225 million ($266 million) for alleged infringements regarding the sharing of personal information with other Facebook-owned companies. […]

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After the French antitrust regulator slapped Google in July with $591 million fine for its non-compliance with an order to present proposals to remunerate publishers for reuse of their content, the US tech giant announced […]

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Russian IT giant Yandex has handed over a billion dollars as part of the deal to buy out US ride-hailing service Uber’s stake in several of their joint ventures, squeezing the American company out of […]

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The recently published 2021 edition of Lloyd’s list of top 100 ports that measures the annual container throughput volumes of global ports in 2020 has placed Jeddah Islamic Port, the largest in Saudi Arabia, on […]

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According to the statement published in the US government’s Federal Register, import duties of more than 200% has been introduced by the US Department of Commerce on several types of steel pipes from Russia. In […]

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Expanding a previous recall of 69,000 older Bolts, General Motors is now recalling all Chevrolet Bolt EV’s sold worldwide due to a battery problem that could cause fires, raising questions about lithium ion batteries which […]

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The Federal Aviation Administration proposed $531,545 in civil fines against 34 airline customers for disruptive behavior on Thursday, increasing the year’s total to almost $1 million, Reuters reports. The number of recorded incidents of passengers […]

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Revel, the company that sees itself as part of a movement to electrify transportation, is testing new business model of ride-hailing service in New York City using only electrical vehicles – Tesla, to be precise- […]

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The petrochemical complex near Corpus Christi, Texas, that ExxonMobil is building together with Saudi Basic Industries Corporation (SABIC) is expected is expected to begin ahead of schedule and operational by the end of 2021, Arab […]

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Poland risks putting in jeopardy future American investments by refusing to renew the license of TVN24, a television station owned by Discovery of the US, Washington warned Warsaw, Politico learns. Only broadcasters that aren’t majority-owned […]

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Bitcoin value went up 8% at $32,160.16 and Ethereum rose 11.6% to $1,993.36 following Electric-car maker Tesla Inc’ Chief Executive Officer Elon Musk comments at the B Word conference on Wednesday that  the company will […]

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Tokyo court sentenced to jail a US veteran and his son for helping former Nissan boss Carlos Ghosn flee Japan to avoid prosecution for alleged financial crimes, Forbes reports. After being extradited from the US […]

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Several weeks after it rejected a much lower proposal from a private US equity firm, Britain’s fourth-largest supermarket chain Morrisons has agreed to a £9.5 bln takeover offer from a trio of investment groups led […]

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The Crown Prince of Saudi Arabia, Mohammad bin Salman, has launched the National Logistics Strategy, which aims to modernize the entire transport infrastructure of the kingdom, Al Arabiya TV reported. The implementation of a large-scale […]

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Saudi Arabia’s Crown Prince Mohammed bin Salman announced the country’s plans to launch a second national airline as part of a broader strategy to transform the Kingdom into a global logistics hub looking to diversify […]

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The Supreme Court of the United States on Monday ruled in favor of Goldman Sachs in its attempt to avert a lawsuit that accused that bank of concealing conflict of interest when it created risky […]

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The Central Bank of Cuba (BCC) announced Thursday that Cuban banking and financial institutions will not accept cash deposits in U.S. dollars from 21 June due to U.S. sanctions that make it difficult for the […]

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Merrick Garland, an Attorney General said to the lawmakers on Wednesday, the opening a probe aimed at finding the source of the massive tax leak behind ProPublica’s investigative article concerning billionaires taxpayers information will be […]

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United States law enforcement officials stated on Monday that they managed to recover $2.3 million in Bitcoin, that were previously paid to the cyber group that headed the gruesome ransomware attack on the Colonial Pipeline, […]

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