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Israel renews rejection of Egypt’s request to adjust QIZ treaty
Israel renewed its rejection of Egypt’s request to adjust the Qualifying Industrial Zones (QIZ) treaty during a…
China wants ships to use faster Arctic route instead of Suez Canal
China will encourage ships flying its flag to take the Northwest Passage via the Arctic Ocean, a route opened up by…
Microsoft: Game is over for Xbox 360
Microsoft Corp (MSFT.O) announced Wednesday it would stop production of its popular Xbox 360 video game console,…
Egypt to organize a trade mission of 30 businessmen to Tunisia next week
The Federation of Egyptian Industries is organizing a trade mission to Tunisia between 26 and 28 April; the mission…
Apple Releases Transparency Report
While Apple continues to face U.S. government efforts to force it to unlock iPhones connected to law enforcement…
Egypt’s Zohr gas field to produce 1 billion cubic feet/day by end-2017
Egypt has agreed with Italy's Eni to commence production of 1 billion cubic feet per day of gas at the Zohr gas…
Toshiba preparing Westinghouse writedown, CEO to step down
Japan's Toshiba Corp is preparing to write down the value of its stake in U.S. nuclear subsidiary Westinghouse by…
Intel to cut up to 12,000 jobs as PC industry declines
Intel Corp said on Tuesday it would cut up to 12,000 jobs globally, or 11 percent of its workforce, as it refocuses…
Yahoo revenues decline as internet firm reviews bid options
Yahoo has reported a $99m (£69m) quarterly loss, compared to a $21.2m profit for the period last year, as it…
Construction giant Dewalt unveils a heavy-duty smartphone
Construction giant Dewalt has entered the smartphone market with a tough Android-powered handset designed for…