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Business

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Musk loses court fight with OpenAI as scrutiny of Altman grows
Musk loses court fight with OpenAI as scrutiny of Altman grows

OAKLAND, California: OpenAI has emerged victorious in its closely watched courtroom battle with Elon Musk, preserving its path toward...

Nasdaq Composite slides 220 points as U.S. stocks shed ground
Nasdaq Composite slides 220 points as U.S. stocks shed ground

NEW YORK, New York - U.S. and global stock markets closed with a broad selloff on Tuesday, driven by heavy losses in technology shares...

NextEra-Dominion merger targets soaring AI-driven power demand
NextEra-Dominion merger targets soaring AI-driven power demand

NEW YORK CITY, New York: NextEra Energy has agreed to acquire Dominion Energy in an all-stock deal valued at about US$66.8 billion,...

Tesla increases U.S. prices for several Model Y variants
Tesla increases U.S. prices for several Model Y variants

AUSTIN, Texas: Tesla has increased the prices of several Model Y vehicles in the United States, marking the first price hike for the...

SpaceX speeds up IPO plans, eyes June 12 Nasdaq listing
SpaceX speeds up IPO plans, eyes June 12 Nasdaq listing

NEW YORK CITY, New York: SpaceX is preparing to go public as early as June 12 on the Nasdaq, according to people familiar with the...

U.S. stocks enter new week Monday, on mixed note
U.S. stocks enter new week Monday, on mixed note

NEW YORK, New York - U.S. stocks finished Monday's trading session on a mixed note, as the Dow Jones Industrial Average extended its...

Africa

Section
Cruise ship, which reported Hantavirus aboard, ends trip at Rotterdam
Cruise ship, which reported Hantavirus aboard, ends trip at Rotterdam

ROTTERDAM, Netherlands: Authorities at the Dutch port of Rotterdam prepared quarantine arrangements on May 18 for the remaining 23...

Nigeria arrests fleeing ex-minister sentenced for fraud
Nigeria arrests fleeing ex-minister sentenced for fraud

Saleh Mamman had gone underground after being convicted for corruption, the African states anti-graft agency has said Nigerian anti-graft...

Dubai Chamber of Commerce organises 276 bilateral business meetings in Ghana
Dubai Chamber of Commerce organises 276 bilateral business meetings in Ghana

DUBAI, 20th May, 2026 (WAM) -- Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers,...

Washington is about to screw Libya over again
Washington is about to screw Libya over again

While the US touts Libyas unified budget as a breakthrough, in practice it cements the shared-power status quo On paper, Libya is...

MENAFATF participates in 5th 'No Money for Terror' Ministerial Conference in Paris
MENAFATF participates in 5th 'No Money for Terror' Ministerial Conference in Paris

PARIS, 20th May, 2026 (WAM) -- The Middle East and North Africa Financial Action Task Force (MENAFATF), led by Hamid Saif AlZaabi,...

Russia expands nuclear partnership in Africa
Russia expands nuclear partnership in Africa

Rosatom and Equatorial Guinea will explore joint initiatives alongside specialist training programs Russia and Equatorial Guinea...