Business
Microsoft to spend 80 bln USD on AI data centers in fiscal 2025
San Francisco: Microsoft has earmarked 80 billion U.S. dollars in fiscal 2025 to build data centers designed to handle artificial intelligence (AI) workloads, according to the company.The tech giant...
Business
Syria: Qatar Airways to resume flights to Damascus
Doha: Qatar Airways said on Thursday it will resume flights to Damascus starting January 7, just days after...
Business
YouTube blocked over 200 Russian channels: Media
Moscow: YouTube has blocked more than 200 Russian channels in total, and 80 accounts only this year, Russian...
Business
Musk moves SpaceX headquarters from California to Texas
Washington: The headquarters of US private aerospace company SpaceX will be moved to the new city of Starbase...
Business
WTO members introduce 169 new trade restrictions for one year
Geneva: World Trade Organization (WTO) members introduced 169 new trade-restrictive measures between October 2023 and October 2024, leaving...
Additional 330 workers Ford laid off amid UAW union strike brings total to 930
Washington: The Ford Motor Company has laid off an additional 330 workers at the Chicago stamping plant and the Lima engine plant amid the...
IMF expects China to meet growth target of around 5 pc in 2023
Washington: The International Monetary Fund (IMF) stated on Thursday that it maintains its expectation that China will achieve its growth target of approximately 5...
Singapore to host 8th annual TiE Global Summit in Nov
Chennai: The TiE Global Summit (TGS) 2023, the flagship event of TiE Global, will be held in Singapore from November 15 to 17.A press...
AIIB to lend Bangladesh 4.5 bln USD in 5 yrs
Dhaka: The Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) will provide 4.5 billion U.S. dollars in loan to Bangladesh mainly on climate-related projects in the...
Airbus delivers more than 630 China-assembled A320 family aircraft over 15 years
TIANJIN: Airbus has delivered more than 630 A320 family aircraft assembled at its Final Assembly Line Asia (FALA) in north China's Tianjin Municipality over...
Vale International enters into an LOI for Supplying Iron Ore Agglomerates to Essar Group’s KSA Green Steel Project
Dubai: Vale International, a wholly-owned subsidiary of Vale SA, a global mining company and a leading producer of Brazilian iron ore and iron ore...