Business

Honda, Nissan and Mitsubishi begin talks to create world’s 3rd largest automaker

Honda and Nissan have formally entered talks on a possible merger by summer 2026, a deal that would create the world’s third-largest automaker.

Oman Investment Authority acquires stake in Elon Musk’s xAI

The Oman Investment Authority (OIA) has announced a strategic investment in xAI, the artificial intelligence company founded by Elon Musk.

Archer raises $430 million and teams up with Anduril to develop hybrid VTOL aircraft for defense

Archer Aviation, a cutting-edge aviation startup, secured $430 million to develop a hybrid vertical take-off and landing (VTOL) aircraft for critical defense applications

World’s 25 Richest Families in 2024: Waltons claim the top spot, UAE royalty ranks second

The Walton family, renowned for founding retail giant Walmart, has been crowned the wealthiest family in the world

India signs $100 billion free trade deal with 4 European countries

India has signed a trade agreement with four-member European trade bloc European Free Trade Association (EFTA), which includes Norway, Switzerland, Iceland, and Liechtenstein.

More than $100 billion aviation deals signed at Dubai Airshow 2023

UAE recently concluded up a successful Dubai Airshow 2023 witnessing significant aviation deals worth more than $100 billion and key industry announcements.

Turkish parliament boycotts Nestle and Coke from menus over Israel support

Türkiye's parliament has ordered to remove Coca-Cola and Nestle products from its restaurants in response to their alleged support for Israel in the ongoing Israeli airstrikes

Latest News

Venezuela earthquake death toll surpasses 1,400 as international rescue teams race against time

Venezuela's death toll from devastating twin earthquakes climbed above 1,400 on June 27 as foreign rescue teams poured into the country and authorities intensified the search for survivors