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‘Self-preferencing practices’: EU fines Google $3.5 billion over ad services; faces global antitrust pressure

Google hit with $3.5 billion EU fine (AP) European Union regulators on Friday fined Google 2.95 billion euros ($3.5 billion) for breaching competition rules by favoring its own digital advertising services. The penalty marks the fourth antitrust fine the tech giant has faced in the EU.The European Commission, the bloc’s executive branch and top antitrust […]

UAE: Etihad to launch 100 Mbps in-flight wi-fi across fleet in three years; reports AED 1.1 billion profit in H1 2025 | World News

In July 2025, Etihad added five new aircraft, including its first A321LR, in its largest monthly delivery ever/ Image: Etihad Etihad Airways has outlined bold ambitions for the near future, announcing plans to deliver high-speed 100 Mbps Wi-Fi across its entire fleet within two to three years, while posting a solid first-half 2025 profit of […]

Saudi Arabia and Syria sign historic $24 billion in investment deals across 12 sectors at first joint forum | World News

Saudi Arabia and Syria signed $24 billion in investment deals across 12 sectors during their first joint forum in Riyadh/Image: SPA In a significant step toward rebuilding diplomatic and economic bridges, Saudi Arabia and Syria have launched their first private-sector-led investment forum. Held in Riyadh, the Saudi-Syrian Partnership and Investment Forum brought together over 450 […]

‘Admit the mistake’: Donald Trump urges Cracker Barrel to ditch new logo; calls it ‘billion dollar opportunity’

Cracker Barrel (left), Donald Trump (AP) US President Donald Trump has weighed in on the Cracker Barrel logo controversy, urging the company to revert to its old branding, admit its mistake, and use the situation as a business opportunity. In a post on his social media platform Truth Social, on Tuesday, Trump advised the restaurant […]

Botswana secures historic $12 billion investment agreement from Qatar’s Al Mansour Holdings | World News

In a strategic move to counter a deepening economic downturn and accelerate long-term development, Botswana has signed a $12 billion investment agreement with Qatar’s Al Mansour Holdings. The deal, encompassing multiple high-impact sectors, positions Botswana as a key partner in Qatar’s growing African investment strategy led by royal family member Sheikh Mansour Bin Jabor Bin […]

Nvidia gets green light: US clears chip exports to China; company avoids billion dollars hit after CEO’s meeting with Trump

The United States Commerce Department has begun issuing licenses to Nvidia to export its H20 chips to China, a US official told Reuters on Friday, marking a major breakthrough for the AI giant’s access to one of its most important markets.The move follows Washington’s decision last month to reverse an April ban on sales of […]

Trump vs University: UCLA faces $1 Billion federal demand after DOJ finds civil rights violations -Here’s what we know

The US administration is pursuing a $1 billion settlement from UCLA, as confirmed by a White House official on Friday, following accusations of antisemitism and civil rights violations by the Department of Justice. UCLA has become the first state university to face such extensive funding restrictions over civil rights concerns related to antisemitism and affirmative […]

Pakistan, Iran decide to increase bilateral trade to USD 8 billion annually

Pakistan and Iran agreed on Sunday to increase bilateral trade to USD 8 billion annually, taking advantage of their geography and the “discount of distance,” as trade ministers from the two countries held discussions to deepen economic and political ties. The agreement was reached during a meeting between Commerce Minister Jam Kamal Khan and Iranian […]

58-year era ends: Corporation for Public Broadcasting to close after Trump pulls funding; $1.1 billion cut by Congress

From ‘Sesame Street’ to silence (Image credits: AP) The Corporation for Public Broadcasting (CPB), a pillar of American media for nearly six decades, announced Friday that it will begin a formal shutdown process following the complete loss of federal funding by the Trump administration. The decision comes after Congress rescinded $1.1 billion in appropriations for […]

US-South Korea deal: Seoul faces 15% tariff, ‘America will not be charged’; Washington to get $350 billion investments

US President Donald Trump on Wednesday announced a trade agreement with South Korea, imposing a 15% tariff on imports from Seoul, as part of what he called a “full and complete trade deal” between the two nations. He further declared that America won’t be subjected to any tariffs. As part of the deal, the Asian […]