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Business

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OpenAI workers look to sell $6B in stock at $500B valuation
OpenAI workers look to sell $6B in stock at $500B valuation

SAN FRANCISCO, California: Current and former staff at OpenAI are preparing to sell nearly US$6 billion worth of shares in a secondary...

Economic slowdown piles pressure on China to spur demand
Economic slowdown piles pressure on China to spur demand

BEIJING, China: China's industrial output growth slowed to its weakest pace in eight months in July, while retail sales also lost momentum,...

Luxury brands see little pushback on price hikes from affluent U.S.
Luxury brands see little pushback on price hikes from affluent U.S.

LONDON, U.K.: For now, America's wealthier consumers appear unfazed by price increases on high-end products, from Birkenstock sandals...

Indian PM vows to protect farmers amid rising US-India trade tensions
Indian PM vows to protect farmers amid rising US-India trade tensions

NEW DELHI, India: On August 15, Prime Minister Narendra Modi used his Independence Day address to call for greater national self-reliance,...

Costco cites low demand in decision to end mifepristone sales
Costco cites low demand in decision to end mifepristone sales

ISSAQUAH, Washington: Costco Wholesale will end sales of the abortion pill mifepristone at all of its more than 500 U.S. pharmacy locations,...

Accenture’s largest cyber deal: $650 million acquisition of CyberCX
Accenture’s largest cyber deal: $650 million acquisition of CyberCX

DUBLIN, Ireland: Accenture announced it will acquire Australian cybersecurity provider CyberCX, which it says will be its largest-ever...

Middle East

Section
Ireland’s ex-president expresses shock over humanitarian crisis in Gaza
Ireland’s ex-president expresses shock over humanitarian crisis in Gaza

DUBLIN, Ireland: Former president Mary Robinson has voiced shock and outrage over what she described as mass starvation in Gaza. ...

UAE conducts 74th airdrop of aid over Gaza Strip under 'Birds of Goodness'
UAE conducts 74th airdrop of aid over Gaza Strip under 'Birds of Goodness'

ABU DHABI, 18th August 2025 (WAM) -- The UAE continues its humanitarian support for the Palestinian people in the Gaza Strip. Today,...

UAE upholds humanitarian commitment on World Humanitarian Day: Theyab bin Mohamed
UAE upholds humanitarian commitment on World Humanitarian Day: Theyab bin Mohamed

ABU DHABI, 18th August 2025 (WAM) -- H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court...

UAE ranks 16th globally in 'Government Support Index' in IMD World Competitiveness Yearbook 2025
UAE ranks 16th globally in 'Government Support Index' in IMD World Competitiveness Yearbook 2025

DUBAI, 18th August 2025 (WAM) -- The United Arab Emirates has achieved another landmark milestone in its record of global leadership,...

Gross banks' assets reach AED4,878.3 billion at end of May 2025: CBUAE
Gross banks' assets reach AED4,878.3 billion at end of May 2025: CBUAE

ABU DHABI, 18th August 2025 (WAM) -- The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 0.4%,...

Rashid Al Shamsi raises UAE flag atop Europe's highest peak
Rashid Al Shamsi raises UAE flag atop Europe's highest peak

ABU DHABI, 18th August, 2025 (WAM) - Emirati adventurer Rashid Ghanem Al Shamsi has raised the UAE flag atop Mount Elbrus, Europe's...

Movie Review

Movie Review
Suspiria (2018)