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Business

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IBM to lay off staff in Q4 amid software, cloud strategy pivot
IBM to lay off staff in Q4 amid software, cloud strategy pivot

ARMONK, New York: IBM said this week it will lay off employees in the fourth quarter as part of a restructuring tied to its shift toward...

Brussels, Beijing agree on rare earth trade stability
Brussels, Beijing agree on rare earth trade stability

BRUSSELS, Belgium: The European Union has reached an understanding with China to stabilize the supply of rare earth materials and related...

Dow Jones dives 397 points as tech stocks take a tumble
Dow Jones dives 397 points as tech stocks take a tumble

NEW YORK, New York - Artificial Intelligence stocks were sold off again Thursday,  resulting in all the key U.S. indices closing sharply...

Musk’s $1 trillion Tesla deal faces pushback from Norway’s wealth fund
Musk’s $1 trillion Tesla deal faces pushback from Norway’s wealth fund

OSLO/BOSTON: Global investors are divided ahead of a crucial shareholder vote on Elon Musk's proposed US$1 trillion Tesla pay package,...

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...

Middle East

Section
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...

(SP)QATAR-DOHA-FOOTBALL-FIFA U-17 WORLD CUP 2025-JAPAN VS NEW CALEDONIA
(SP)QATAR-DOHA-FOOTBALL-FIFA U-17 WORLD CUP 2025-JAPAN VS NEW CALEDONIA

(251107) -- DOHA, Nov. 7, 2025 (Xinhua) -- Mendy Simon Yu (L) of Japan vies with Wesley Bouaoui of New Caledonia during the FIFA U-17...

Ajman Chamber participates in EU-GCC Business Forum in Kuwait
Ajman Chamber participates in EU-GCC Business Forum in Kuwait

KUWAIT, 7th November, 2025 (WAM) -- The Ajman Chamber participated in the ninth EU-GCC Business Forum, hosted by the State of Kuwait...

Sudanese warring groups agree for ceasefire after 2 years
Sudanese warring groups agree for ceasefire after 2 years

Khartoum [Sudan], November 7 (ANI): The Rapid Support Forces (RSF) in Sudan said it agreed to a proposal by the US for a ceasefire...

Economic Watch: China's tourism glows with magnetism at World Travel Market London
Economic Watch: China's tourism glows with magnetism at World Travel Market London

by Xinhua writer Gao Wencheng LONDON, Nov. 6 (Xinhua) -- The World Travel Market (WTM) London 2025, one of the world's largest and...