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Business

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AI saves $500 million for Microsoft as layoffs reshape strategy
AI saves $500 million for Microsoft as layoffs reshape strategy

REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...

FTC’s rule to ease subscription cancellations struck down by court
FTC’s rule to ease subscription cancellations struck down by court

WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes
Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Ex-UK PM Sunak takes advisory role at Goldman Sachs
Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets
Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...

PwC: Copper shortages may disrupt 32 percent of chip output by 2035
PwC: Copper shortages may disrupt 32 percent of chip output by 2035

AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...

Middle East

Section
Gaza War sucking life out of an Israeli generation
Gaza War sucking life out of an Israeli generation

In the past month alone, 23 Israeli soldiers have been killed in Gaza—three more than the number of remaining living hostages held...

JP Nadda meets Saudi-India Business Council Chief, highlights investment opportunities in India
JP Nadda meets Saudi-India Business Council Chief, highlights investment opportunities in India

Dammam [Saudi Arabia], July 12 (ANI): Union Health Minister and BJP National President JP Nadda engaged with the Chairman of the Saudi-India...

UAE delegation visits Netherlands, Belgium to explore cooperation opportunities in R&D, critical, emerging, advanced technologies
UAE delegation visits Netherlands, Belgium to explore cooperation opportunities in R&D, critical, emerging, advanced technologies

The Hague [Netherlands] July 12 (ANI/WAM): JA UAE delegation led by Omran Sharaf, Assistant Foreign Minister for Advanced Science and...

We expect a positive response, says husband of Kerala nurse on death row in Yemen
We expect a positive response, says husband of Kerala nurse on death row in Yemen

New Delhi [India], July 12 (ANI): Tomy Thomas, husband of Nimisha Priya, the 37-year-old Indian nurse from Kerala who faces execution...

Gaza becoming "graveyard of children, starving people," says UNRWA chief, as nearly 800 killed at aid centres
Gaza becoming "graveyard of children, starving people," says UNRWA chief, as nearly 800 killed at aid centres

Tel Aviv [Israel], July 12 (ANI): Gaza has become the graveyard of children and starving people, UNRWA chief Philippe Lazzarini said,...

Esports World Cup: Tiebreakers sort out Groups C, D in Dota 2
Esports World Cup: Tiebreakers sort out Groups C, D in Dota 2

(Photo credit: Kelley L Cox-Imagn Images) A pair of best-of-three tiebreakers helped determine the final order of Groups C and D...