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Uber Eats halts services in Saudi Arabia, will transition to Careem in UAE

Uber Eats halts services in Saudi Arabia, will transition to Careem in UAE

May 4, 2020
Business News
Uber Eats is closing down operations in eight markets, including Saudi Arabia and Egypt Uber says its core rides business was unaffected in all of...
India’s ITC faces union backlash over coronavirus work warnings

India’s ITC faces union backlash over coronavirus work warnings

May 4, 2020
Business Healthcare News
ITC is one of India’s top consumer goods companies with annual sales of $11 billion ITC said the attendance of some workers in April was...
Uber’s Middle East business Careem cuts 31% of workforce

Uber’s Middle East business Careem cuts 31% of workforce

May 4, 2020
Business News
                                                 ...
Dubai Expo 2020 world’s fair delayed to October 2021

Dubai Expo 2020 world’s fair delayed to October 2021

May 4, 2020
Business News
     The world event was originally set in October this year. The bureau said a required two-thirds of the countries in the organization had...
No need for panic buying fuel, Pakistan has ‘sufficient stocks’: Petroleum Division

No need for panic buying fuel, Pakistan has ‘sufficient stocks’: Petroleum Division

May 4, 2020
Business News
ISLAMABAD: There was no need for people to panic-buy oil products as Pakistan had "sufficient stocks", the Ministry of Energy's Petroleum Division said on Sunday....
US could rebound from coronavirus with historic growth rate in 2021: Kudlow

US could rebound from coronavirus with historic growth rate in 2021: Kudlow

May 4, 2020
Business News
President Trump's chief economic adviser Larry Kudlow said Sunday the U.S. economy could see a historically high growth rate in 2021 despite the current economic...
Global Stock and Oil Prices Fall

Global Stock and Oil Prices Fall

May 4, 2020
Business News
International shares had a weak start to the week, and oil prices declined, with disappointing corporate earnings and concerns about economic growth putting pressure on...
Stocks Owned by Passive Funds Fared Worse in the Markets Selloff

Stocks Owned by Passive Funds Fared Worse in the Markets Selloff

May 4, 2020
Business News
Stock sectors with the heaviest amount of passive ownership—by index funds and sector-focused ETFs—fell even more than the broad market during the selloff this year,...
Warren Buffett: ‘American magic’ will overcome coronavirus

Warren Buffett: ‘American magic’ will overcome coronavirus

May 3, 2020
Business News
Warren Buffett admits his billions haven't afforded him any greater insight into addressing the COVID-19 pandemic than anyone else in the U.S., and he's not...
This is an insane time for Trump to pick (another) fight with China

This is an insane time for Trump to pick (another) fight with China

May 2, 2020
Business News
President Donald Trump has picked the worst possible time to relaunch his trade battle with China. The coronavirus pandemic is crushing the US and global...

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Facebook alters fact-checking controls for US users

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WASHINGTON: Meta-owned Facebook has handed US users the controls over fact-checked content, in a potentially significant move that the platform says will give them more...

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Jenin: Israeli military launches major operation in West Bank city

July 3, 2023

There have been intense exchanges of fire between Israeli forces and armed Palestinian militants in Jenin refugee camp, in the occupied West Bank. The Israeli...

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China’s factory, service sectors stumble as economic malaise broadens

June 30, 2023

BEIJING: China's factory activity declined for a third straight month in June and weakness in other sectors deepened, official surveys showed on Friday, adding pressure...

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US Supreme Court bans the use of race in university admissions

June 30, 2023

WASHINGTON: The US Supreme Court on Thursday (Jun 29) banned the use of race and ethnicity in university admissions, dealing a major blow to a...

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