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StanChart plans 7,000 job cuts, cites AI and automation drive
StanChart plans 7,000 job cuts, cites AI and automation drive

HONG KONG: Standard Chartered said on May 19 that it will eliminate more than 7,000 jobs over the next four years as the bank increases...

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...

Africa

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StanChart plans 7,000 job cuts, cites AI and automation drive
StanChart plans 7,000 job cuts, cites AI and automation drive

HONG KONG: Standard Chartered said on May 19 that it will eliminate more than 7,000 jobs over the next four years as the bank increases...

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...

"One piece of advice that stuck with me...": CSK's Dewald Brevis recalls MS Dhoni's advice about confidence
"One piece of advice that stuck with me...": CSK's Dewald Brevis recalls MS Dhoni's advice about confidence

By Adarsh Chauhan Ahmedabad (Gujarat) [India], May 20 (ANI): Chennai Super Kings (CSK) batter Dewald Brevis opened up on legendary...

3-year jail term, AED5 million fine for Emirati convicted of inciting marriage to minors in Morocco via social media
3-year jail term, AED5 million fine for Emirati convicted of inciting marriage to minors in Morocco via social media

ABU DHABI, 20th May, 2026 (WAM) -- The Abu Dhabi Federal Court of Appeals' State Security Chamber, today sentenced Emirati national...

South Africa condemns abduction of activists on Gaza-bound aid flotilla
South Africa condemns abduction of activists on Gaza-bound aid flotilla

Any forced detention of humanitarian vessels in international waters is a grave breach of legal norms and human rights, Pretoria has...

Ebola outbreak spirals in DR Congo - WHO
Ebola outbreak spirals in DR Congo - WHO

Insecurity and population movement are increasing the risk of wider virus transmission, Tedros Adhanom Ghebreyesus has said ...