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Business

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Mamdani’s NYC victory rattles Wall Street, sparks tax worries
Mamdani’s NYC victory rattles Wall Street, sparks tax worries

NEW YORK CITY, New York: Wall Street reacted with unease as Zohran Mamdani, a self-described democratic socialist, was elected mayor...

Starbucks cedes China majority stake to Boyu to fuel expansion
Starbucks cedes China majority stake to Boyu to fuel expansion

SEATTLE, Washington: Starbucks is handing majority control of its China business to private equity firm Boyu Capital in a deal that...

Nasdaq Composite surges 151 points amid U.S. stocks resurgance
Nasdaq Composite surges 151 points amid U.S. stocks resurgance

NEW YORK, New York - U.S. stock markets closed higher on Wednesday, as gains in technology and industrial shares supported continued...

Amazon secures $38 billion OpenAI deal to fuel ChatGPT infrastructure
Amazon secures $38 billion OpenAI deal to fuel ChatGPT infrastructure

SEATTLE, Washington: OpenAI has struck a US$38 billion deal with Amazon to secure massive computing power for its artificial intelligence...

Bowen unveils free midday solar power plan for all Australians
Bowen unveils free midday solar power plan for all Australians

PERTH, Australia news: Australia will soon let millions of households tap into three hours of free solar power every day, including...

Kleenex meets Tylenol as Kimberly-Clark, Kenvue join forces
Kleenex meets Tylenol as Kimberly-Clark, Kenvue join forces

IRVING, Texas: In one of the most significant consumer-goods mergers of the year, Kimberly-Clark is buying Tylenol maker Kenvue in...

Middle East

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Top Israeli military legal chief in custody amid scandal
Top Israeli military legal chief in custody amid scandal

JERUSALEM, Israel: Controversy has erupted over the dramatic chain of events that included the sudden resignation, a brief disappearance,...

China, South Korea struggle as Trump’s tariffs hit Asia trade
China, South Korea struggle as Trump’s tariffs hit Asia trade

BEIJING/SEOUL: Asia's factory engines sputtered in October as U.S. tariffs and weakening global demand under U.S. President Donald...

UAE Government launches 'Emirati National Identity Strategy'
UAE Government launches 'Emirati National Identity Strategy'

ABU DHABI, 6th November, 2025 (WAM) -- The UAE Government has launched the 'Emirati National Identity Strategy', developed in partnership...

LEBANON-ABBASSIYEH-ISRAELI AIRSTRIKE
LEBANON-ABBASSIYEH-ISRAELI AIRSTRIKE

(251106) -- ABBASSIYEH, Nov. 6, 2025 (Xinhua) -- A Lebanese man shows a shell fragment on the site of an Israeli airstrike in the town...

Moscow calls out NATO chief
Moscow calls out NATO chief

The Foreign Ministrys spokeswoman has rejected Mark Ruttes claim that Russia and China are plotting to undermine global rules NATO...

UAE President attends session on National Family Growth Agenda 2031, declares 2026 Year of the Family
UAE President attends session on National Family Growth Agenda 2031, declares 2026 Year of the Family

ABU DHABI, 6th November, 2025 (WAM) -- President His Highness Sheikh Mohamed bin Zayed Al Nahyan today attended a session focused on...