Elon Musk bets on record-breaking IPO of SpaceX
Elon Musk reportedly hopes that astrology will ensure the success of SpaceX’s planned initial public offering in June, when, unusually, Jupiter and Venus will align…
Category: FINANCE
Gold and silver prices plunge after Friday’s losses
Gold and silver prices have continued to fall after a dramatic reversal of a rally that had pushed precious metals to record highs. In Asia…
Tesla cuts car models in shift to robots and AI
Tesla says its annual revenue has fallen for the first time as the electric vehicle (EV) maker shifts its focus to artificial intelligence (AI) and…
Saudi Arabia Exempts High-Growth Sectors from Franchise Experience Rule
Saudi Arabia will allow selected high-growth and innovative sectors to offer franchises without meeting a long-standing operational experience requirement, in a move aimed at accelerating…
Facebook-owner Meta to nearly double AI spending
Meta boss Mark Zuckerberg plans to ramp up spending on artificial intelligence (AI) projects this year, even as other executives warn of a potential bubble…
Why an India court ruling on a 2018 deal is rattling foreign investors
Foreign investors and private equity firms operating in India are making anxious calls to advisers and lawyers after a Supreme Court ruling earlier this month…
AVENEW Development and Hilton share for Waldorf Astoria Dubai Islands and Residences
AVENEW Development, a Dubai-born real estate innovator, has signed an agreement with Hilton to open Waldorf Astoria Dubai Islands and Waldorf Astoria Residences Dubai Islands,…
Record Demand … $10.5 Billion in Initial Orders for Aramco Bonds
Saudi Aramco saw on Monday a strong demand in the first hours after the company offered indicative pricing for four-tranche dollar-denominated bonds, with combined order…
US government invests $1.6bn for stake in rare earths firm
The Trump administration will invest $1.6bn (£1.2bn) in a US critical minerals firm, marking officials’ latest push to reduce China’s dominance over the rare earths…
India and EU announce landmark trade deal
The European Union and India have announced a landmark trade deal after nearly two decades of on-off talks, as both sides aim to deepen ties…