Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The reverberations that ChatGPT sent through one of Silicon Valley’s most powerful technology empires say a lot about the nature of disruption in the tech industry. Google had seen off any number of would-be search engine rivals over the years, but here was something different and potentially much more threatening: an entirely new way to ask for information.It is tempting to see this week’s attempt by OpenAI to plant its flag in the consumer hardware business as a similar challenge to another…
BJ’s maintained its guidance while the broader retail sector is wrestling with the fallout from the Trump administration’s sweeping wave of tariffs. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Manchester United shares fell 7 per cent in pre-market trading in New York after the football club was defeated in the final of Europe’s second-tier competition, dealing another blow to its billionaire owners the Glazers and Sir Jim Ratcliffe. United lost 1-0 to Tottenham Hotspur in the Uefa Europa League final on Wednesday night, meaning the club missed out on qualification for next season’s lucrative Uefa Champions League, Europe’s premier competition. Winning the Europa League final was United’s last chance to qualify…
Image credit: Emirates/Website Emirates is expanding its operations for this year’s Hajj season, with 33 special flights to Jeddah and Madinah running until May 31, and again between June 10 and 16, to support thousands of pilgrims embarking on their once-in-a-lifetime journey to the holy city of Makkah. Read-Flying high: Emirates staff to receive 22-week bonus after record profit In addition, Emirates will operate 13 more flights to and from regional destinations including Amman, Dammam, Kuwait, and Bahrain to meet high travel demand during the Eid Al Adha period, as travelers head to summer leisure destinations or visit loved ones…
On Thursday, the company said it’ll handle the extra costs tied to the current tariff regime and still deliver its full-year earnings targets. Source link
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersHello, and welcome to Energy Source, coming to you from New York.House Republicans are at loggerheads over the “big, beautiful bill” crucial to enacting President Donald Trump’s legislative hopes. Investors are spooked over the potential of the budget bill to add $3tn to US debt over the next decade, causing government bonds and stocks to dip on Wednesday afternoon.Also at risk are the numerous clean…
Image credit: Supplied The countdown to Dubai Summer Surprises (DSS) 2025 has officially begun, promising an exciting season packed with entertainment, shopping, dining, and unforgettable family experiences across the city. Read-Mall of the Emirates to get Dhs5bn transformation, says Majid Al Futtaim Organised by Dubai Festivals and Retail Establishment (DFRE), this year’s edition will run from June 27 to August 31, delivering 66 days of exceptional offers and thrilling activities for residents and visitors alike. Revamped retail experience For the first time in DSS history, the city’s retail calendar will be split into three themed shopping windows: Summer Holiday Offers…
The ‘sell America’ trade starts to take a toll. Source link
Given the deep disenchantment with tech power that has set in during the past decade, why would political leaders have lined up to fete Sam Altman, the head of OpenAI? In 2023, buoyed by the blockbuster release of his company’s ChatGPT, Altman set out on a world tour that brought audiences with leaders in countries including France, the UK and India. He came with a message that was both chilling and inspiring: without proper controls, advanced artificial intelligence might spell doom — but if you trust OpenAI to build it first, the technology will redound to the good of humanity.A slightly…
Image: Supplied ROX Motor, a global luxury new energy vehicle brand, has announced a strategic partnership with W Motors, the UAE’s leading high-performance vehicle manufacturer, to localise production and assembly of its vehicles in the United Arab Emirates. The agreement, signed at Make it in the Emirates (MIITE) 2025, marks a major milestone in enhancing regional manufacturing and supporting the UAE’s industrial and sustainability goals. As part of this collaboration, ROX Motor will begin producing its vehicles – starting with the ROX 01 – at W Motors’ new facility in Abu Dhabi. This move signifies the first time ROX vehicles will be manufactured outside of China,…