Meta Connect 2026: Social media conglomerate launches AI gadget Charm
The AI device, about as small as an Apple AirPods case, also features a two-inch touchscreen and a built-in 5G connection
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Despite AI boom, energy shock to weigh on 2027 global economic outlook, says OECD
As per the OECD, after 2025's 3.4% GDP growth, the global economy is set to slow to 2.9% growth in 2026, slightly better than the
Dubai tenants switching homes for lower rents, says agency analysis
An analysis by fam Properties of Dubai Land Department tenancy registrations shows that new leases exceeded renewals in July and August
Global energy crisis to result in near 70% rise in biofuel output by 2030, says study
As per the estimates of Chatham House and the Forest Stewardship Council (FSC), ethanol will become popular among the leading biofuel producers
Big blow for UBS as Swiss upper house backs 90% CET1 capital plan
UBS CEO Sergio Ermotti and Chairman Colm Kelleher opposed the move, stating the legislation would force the bank to rethink its Swiss base
Saudi restarts East-West Pipeline, to resume exports from the Yanbu port
Drone attacks by the militants forced the Kingdom to shut its East-West Pipeline on September 13, halting crude loadings at the Yanbu port
UBS CEO Ermotti rejects 90% CET1 proposal as ‘no real compromise’ ahead of Swiss vote
The UBS CEO has been aggressively supporting a compromise proposal that would allow the bank to back foreign subsidiaries with 50% CET1 capital
No additional job cuts: Porsche CEO rejects report of 4,000 more redundancies
Michael Leiters dismissed talks about Volkswagen's supervisory board viewing another 4,100 jobs at the brand as 'unnecessary'
Nvidia rival AMD joins USD 1 trillion club, continues its stock market rebound
AMD has accelerated its AI product launches and transformed its business model from selling individual chips to offering complete systems
Skoda Chief Klaus Zellmer named new CEO of struggling Volvo Cars
Zellmer, an industry veteran with over 30 years of experience, will start in his role no later than October 1, 2027