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Israel-Hamas war: UAE shows diplomatic sway with Gaza as tensions escalate

Since the start of the conflict almost ten months ago, aid efforts by the UAE in El-Arish and the Palestinian territory have cost the UAE around $700 million

Big Tech's AI promises become a 'show me' story for investors: Report

Results from Microsoft Corp., Meta Platforms Inc., Amazon.com Inc. and Apple Inc. this week signaled that biggest companies in world are still heavily investing in artificial intelligence

World's richest lose $134 billion in stock slump, led by Amazon's Bezos

His wealth also derives from space-exploration company Blue Origin and the Washington Post

Nicolas Maduro accuses Venezuela opposition of planning armed attack

The US has said it's clear the opposition won the most votes, a position shared by several countries

Venezuela election dispute traps travellers trying to leave country

The lack of options is stranding Venezuelans who live abroad but returned to vote in the July 28 election

Meta offering Hollywood stars millions of dollars for AI voice projects

The company is talking with Judi Dench, Awkwafina and Keegan-Michael Key, said the people, who asked not to be identified because the project is confidential

Byju's US lenders seek to block payment to BCCI, want their money first

Earlier this week, a judge in Delaware, where the main legal action against Byju's is taking place, ordered Ravindran to pay $10,000 a day until he helps locate the $533 million

JPMorgan to closely monitor Indian bond liquidity after investor curbs

The South Asian nation surprised investors by imposing restrictions on sales of new securities with those tenors this week, just a month after it was included in JPMorgan's flagship gauge

Amazon's shares slide after AI spending plans disappoints investors

The company projected operating income for the current quarter ending in September will be $11.5 billion to $15 billion. Analysts, on average, were looking for $15.7 billion

Joe Biden tells Netanyahu to accept cease-fire in 'very direct' call

Iran and Hezbollah have vowed revenge against Israel, with Tehran ordering its security forces to assess options for attacking the Jewish state

Nike bets on Olympics marketing spending to revive slumping sales

It's all hands on deck after Nike's shares had their worst day on record in June, when management told investors revenue is expected to decline this fiscal year

China's plan to introduce digital ID system stokes fears of govt overreach

Some legal experts and users in the world's largest internet market have openly doubted the efforts' stated goal of protecting privacy

Samsung chips boss Young-hyun warns of vicious cycle unless changes made

The executive's communique reflects frustration over Samsung's missteps in the hot new market of supplying memory chips for Nvidia Corp

Meta reports better-than-expected sales in Q2, shares jump by 10%

Meta has been using AI to improve the way its advertisers can find interested users, adding efficiency to its most lucrative business

Crops expected to get higher rainfall over remainder of Monsoon season

Showers in July were 9 per cent above average at 305.8 millimeters

Steel exports from China making business unsustainable: ArcelorMittal

Steel consumption in China could even contract, according to ArcelorMittal, which lowered its 2024 forecast to a range of -1 per cent to +1 per cent

Byju's ex-director fined $10,000 per day over missing $533 million

The missing cash belongs to a bankrupt shell company, Byju's Alpha Inc., which is affiliated with Think & Learn and was taken over by the lenders after their loan defaulted

Why Indian banks need to be extra nice to their less tech-savvy customers

Out of 820 million active internet users last year, 370 million used the web for digital banking

Trump questions Kamala Harris' embrace of black identity at NABJ event

Trump responded to a question about GOP attacks casting Harris as a DEI hire, referring to diversity, equity and inclusion

US FOMC holds rates steady at 5.25% to 5.5%, signals 1st cut nearer

Officials also tempered their assessment of the labor market, noting job gains had moderated and the unemployment rate has moved up, but is still low