Klarna valued at $19bn in debut on Wall Street
Shares in buy-now, pay-later lender Klarna jumped on their first day of public trading in the US, giving the firm a market value of more…
Year: 2025
Larry Ellison briefly becomes world’s richest person
Elon Musk briefly lost his title as the world’s richest person to Larry Ellison, the co-founder of Oracle and an ally of US President Donald…
Dancing spiders DNA may explain how they develop into new species
It’s not just the dazzling colours and slick moves of Australia’s dancing spiders that make them special. There are more than 100 different species of…
Meta covered up potential child harms, whistleblowers claim
Two former Meta safety researchers told a US Senate committee on Tuesday that the social media giant covered up potential harms to children stemming from…
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MENA startups heat up with fresh capital across fintech, AI, gaming
Startups across the Middle East and North Africa are raising fresh funding to scale operations, enter new markets, and develop innovative products, signaling strong investor…
Ursula von der Leyen EU Chief to Defend Trump Trade Deal
EU chief Ursula von der Leyen will seek to defend her trade deal with Donald Trump in an address to the bloc’s lawmakers Wednesday —…
Cuts to US Oil Jobs and Spending Threaten Output Growth
The US oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest consolidation in…
Al-Rumayyan: Saudi PIF Targets $1 Trillion Assets by Year-End
Yasir Al-Rumayyan, Governor of Saudi Arabia’s Public Investment Fund (PIF), has said the sovereign wealth fund is preparing to unveil a new long-term strategy within…
Saudi Arabia’s KAUST Sets Record, Raises Solar Cell Efficiency to Unprecedented Levels
Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) has developed an innovative method that significantly improves the efficiency and stability of solar cells,…
Volkswagen Unveils Compact Electric SUV ahead Munich Car Show
Volkswagen unveiled a concept for a new small electric SUV on Sunday as part of the automaker’s push to offer affordable battery-powered vehicles amid greater…