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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

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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. ...

Sanju Samson launches Kochi Blue Tigers website ahead of KCL season 2
Sanju Samson launches Kochi Blue Tigers website ahead of KCL season 2

Thiruvananthapuram (Kerala) [India], August 18 (ANI): Indian cricketer Sanju Samson launched the website of Kochi Blue Tigers at Thiruvananthapuram...

Israel receives Hamas' response on Gaza ceasefire proposal, no formal reply made
Israel receives Hamas' response on Gaza ceasefire proposal, no formal reply made

GAZA/CAIRO/JERUSALEM, Aug. 18 (Xinhua) -- An anonymous Israeli official told Xinhua on Monday that Israel has received Hamas' response...

Egyptian President affirms commitment to coordination with Bahrain
Egyptian President affirms commitment to coordination with Bahrain

CAIRO, 18th August, 2025 (WAM) -- Egyptian President Abdel Fattah El-Sisi has affirmed his country's keenness to continue joint coordination...

Chetan Sharma expresses confidence of India winning Asia Cup
Chetan Sharma expresses confidence of India winning Asia Cup

New Delhi [India], August 18 (ANI): Former India cricketer Chetan Sharma has expressed confidence that the Men in Blue will win next...

Sultan bin Ahmed visits Court of Cassation in Egypt
Sultan bin Ahmed visits Court of Cassation in Egypt

SHARJAH, 18th August, 2025 (WAM) -- H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the...

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