Barbie, Oppenheimer garner $302 mln in U.S. box office
Greta Gerwig’s Barbie has garnered $155 million, while Christopher Nolan’s Oppenheimer garnered $80.5 million at…
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India rejects BYD’s $1 bln factory offer
India has rejected BYD’s offer to set up an electric vehicle (EV) factory worth one billion dollars in the country,…
IMF set to reach deal with Argentina
The International Monetary Fund (IMF) is set to finalise the basis for a staff level agreement with Argentina over…
Netflix garners 6mln subscribers following password sharing crackdown
Netflix has added six million paid subscribers in three months, following its paid password sharing, with a total…
Musk rebrands platform to replace bird logo with X
Twitter will be rebranding, changing its logo to an X and getting rid of all the birds from the platform, Elon Musk…
Spotify to hike subscription prices in U.S.
Spotify is planning to increase prices for its individual Premium subscription plan in the US for the first time…
Pfizer, Flagship Pioneering to invest $100 mln in drug discovery
Pfizer and venture firm, Flagship Pioneering, are investing $100 million to develop 10 new potential drugs for…
Geely to invest $10 bln in Malaysia’s automaking hub
Chinese automaker, Geely, will invest $10 billion to develop the main auto-making hub in Malaysia, Malaysian Prime…
Spain’s CNMC fines Amazon, Apple with $218 mln
The Spanish National Markets and Competition Commission (CNMC) has fined Amazon and Apple with a total of $218…
Temu files US antitrust law violation lawsuit against rival Shein
Chinese e-retailer, Temu, has filed a lawsuit accusing its rival, Shein, of violating US antitrust laws on Friday.
2007 1st gen Apple iPhone sells for $190,000
A first edition Apple iPhone from 2007 was auctioned by LCG Auctions and sold for $190,000 on Sunday.
Meta’s Threads introduces first set of updates
Meta’s newest app, Threads, has introduces its first set of updates since its launch two weeks ago on Tuesday,…
Johnson to pay $18.8 mln to cancer patient over baby powder
Johnson & Johnson must pay $18.8 million to Emory Hernandez Valadez, who developed mesothelioma from heavy…
Nissan, Renault set to announce new alliance deal
Nissan and Renault are set to announce their restricted alliance in the upcoming days after finalising the deal…
Chipotle completes first franchise deal in Middle East
Chipotle Mexican Grill will open burritos and tacos restaurants next year in Dubai and Kuwait through its first…
TikTok partners with Warner Music Group in music licensing deal
TikTok signed a multi-year licensing deal with Warner Music Group on Tuesday, to boost its social media revenues.
Microsoft signs 10-year Call of Duty deal with Sony
Microsoft has signed an agreement with Sony to keep video game, Call of Duty, on PlayStation, following the…
Norwegian Datatilsynet fines Meta over privacy breaches
Meta has been fined $100,000 per day from August 4 to November 3 over privacy breaching unless it takes remedial…
Xiaomi to focus on its Indian retail sales
Xiaomi will start focusing on boosting its retail outlet sales in India, after focusing on e-commerce, to revive…
Former Twitter Africa employees did not receive payments
Laid-off Twitter Africa employees have not received any severance pay or benefits for over seven months since their…
RBA names its first female governor
Australian Treasurer, Jim Chalmers, and Prime Minister, Anthony Albanese have announced Michele Bullock will be…
IMF hails Egyptian government’s $1.9 bln IPO programme
The International Monetary Fund (IMF) welcomes the Egyptian government selling $1.9 billion state-owned entity…
H&M to launch stores, online trade in Brazil by 2025
H&M to launch stores and online trade in Brazil by 2025, the fashion retailer announced on Monday.
Lisa Marie Presley died of small bowel obstruction
Singer Lisa Marie Presley, Elvis Presley’s only daughter’s death in January was caused by a small bowel obstruction…
Ali El Haggar, Ministry of Culture collaborate to revive Egyptian classics
The Minister of Culture, Nevine El-Kilany, has met with Egyptian singer, Ali El Haggar on Monday, to discuss El…
Biden administration cancels $39 bln in U.S. student debt
US President, Joe Biden, cancels $39 billion in student debt for over 804,000 borrowers, addressing a fix to…
Twitter’s advertising revenue down by 50%
Twitter still has a negative cash flow as a result of a 50 percent drop in advertising revenue and a heavy debt…
Tesla produces its first Cybertruck
Tesla has produced its first Cybertruck, two years behind schedule, and four years after CEO, Elon Musk, revealed…
Google’s Bard expands to Europe, Brazil
Google’s parent company, Alphabet, is expanding its artificial intelligence (AI) chatbot, Bard, in Europe and…
IBM considers using AI chip in Watsonx to lower costs
The International Business Machines (IBM) is considering using its artificial intelligence chips to lower the costs…
Elon Musk launches xAI, rivaling OpenAI
Elon Musk launched his artificial intelligence startup, xAI on Wednesday, with a team of engineers from other US…
Rare 1st edition Harry Potter book sells for $13,500
A rare first edition copy of Harry Potter and the Philosopher’s Stone bought for 30p was sold for $13,500 in an…
HBO’s Succession sweeps 27 Emmy Awards nominations
The Television Academy has announced the nominees for the 75th Emmy Awards on Wednesday, with Succession leading…
NWTN to set up EV production line in Abu Dhabi
Green mobility company, NWTN, has signed a Memorandum of Understanding with Abu Dhabi Department of Economic…
Egypt’s c.bank issues new digital banks licensing rules
The Central Bank of Egypt (CBE) has issued new rules for licensing and registering digital banks, with the banks…
EU Parliament passes nature, climate law
The European Parliament has voted to pass a legally binding law to protect and restore degraded natural ecosystems…
RBNZ pauses interest rates at 5.5%
The Reserve Bank of New Zealand (RNBZ) kept interest rates unchanged at 5.5 percent on Wednesday, with forecasts of…
Bank of America to pay junk fees fine of $250 mln
Bank of America (BofA) has agreed on Tuesday to pay $250 million worth of fines and compensation to settle claims…
South Korean panda gives birth to twins for first time
The South Korean Everland Zoo has welcomed the first giant panda twins born in the country, the zoo announced in a…
Egypt’s Rabbit Mart launches 1st Arabic-speaking ChatGPT feature
Egyptian e-commerce service, Rabbit Mart, has launched its newest feature, RabbitAI, an artificial intelligence…