A quarter of financial firms tie pay and promotions to AI proficiency: survey
A survey of 500 companies by financial recruiting firm Selby Jennings finds that the practice is more common among…
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Saudi set to drop plans for five 2034 World Cup stadiums
The proposed cuts would leave the kingdom with 10 match venues as it scales back spending on major domestic projects.
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Saudi national arrested over alleged planting of recording device at OpenAI
Startup espionage has been pursued for far less, but the FBI’s quick work and public rollout of the arrest shows how…
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It’s BlackRock vs. Apollo in war to bank corporate America
With a little-noticed deal this week for senior-care clinics, BlackRock entered the lending space, which Apollo has had…
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Spain's king says control of country's African territories is 'non-negotiable'
Ceuta rose to international prominence in July, when more than 70,000 people swept into the tiny exclave in a matter of…
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India cracks down on growing protests
Three leaders of an upstart political party were jailed and an historic protest site in central New Delhi was shut down.
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Houthis reportedly strike Saudi national oil company headquarters
The attacks follow a Houthi onslaught that killed 13, injured hundreds, and forced Riyadh’s airport to shut at least…
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Copper prices near record highs over threat of Chile mine strike
La Escondida is the largest copper mine in the world and is reflective of Chile’s growing geoeconomic weight as demand…
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ASML CEO confident AI demand will outstrip supply for years to come
Christophe Fouquet’s comments have eased investors’ concerns of an AI spending bubble after ASML reported bumper…
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Chinese exports surge, putting the country on track for a record surplus
Faced with US and EU trade restrictions, Chinese companies have turned to other markets sparking criticism from…
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Kenya clears path for Dangote refinery IPO investment
Economic integration across Africa has long been undermined by the continent’s disconnected financial markets.
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It’s a different oil crisis, but Saudi Arabia will still pay
The kingdom remains the global swing producer. But the US is no longer beholden to OPEC, shifting the diplomatic…
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Political fallout from Trump’s Russian diesel deal overshadows price impact
The planned imports will “have very little unnoticeable impact on domestic US diesel prices, even if it happens,” an…
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Former Canadian official says Europe erred on Trump tariffs
“A real problem for the Western alliance has been the decision by the UK and by the EU to give in to the Trump bullying…
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AI task force readies for first meeting
It’s still not clear what exactly will be discussed at the task force’s first meeting, as the group scrambles to…
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Trump mulls intelligence-sharing with Ukraine
Ukrainian President Volodymyr Zelenskyy said recently that Kyiv had received no intelligence from partners on a Russian…
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Top Democratic super PAC spends more in Michigan, Maine
Senate Democrats’ top super PAC is pouring nearly $7 million more into two major races.
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Anthropic issues warning on self-replicating AI
The lab raised the possibility of so-called “botnets” that would be difficult to stamp out.
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Asia is world's largest producer of ‘zombie' firms, IMF warns
Zombie firms’ debt share has more than doubled since 2008.
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Bumble to go private in $1.3B acquisition
The company has faced years of falling revenue amid a shift in online dating habits.
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MI5 chief warns of escalating hybrid threats from Russia, Iran
The British intelligence agency is now devoting more resources to state threats than during the Cold War, Ken McCallum…
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Nvidia to announce $2B in European investments
Nvidia CEO Jensen Huang said he plans to unveil $2 billion in new European investments next week, as the continent’s…
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US is still sharing intel with Kyiv, Trump says
Ukraine’s leader said he received no advance warnings from Western partners before a Russian missile strike on Tuesday.
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Volta’s $5 billion debt deal is a pulse check on the AI-financing boom
Debt marketed this week for an Anthropic-backed project in Norway shows lenders’ skittishness; high interest rates and…
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Trump crosses country in bid to save midterms
The president’s goal remains persuading his loyalists to turn out in an election where he isn’t on the ballot.
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Congress battle drifts deeper into red territory
The battle for Congress is shifting deeper into red territory as both parties deem some races essentially over.
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'A misunderstood masterpiece'
Academy Award-winning director Alejandro González Iñárritu’s “Digger” has been called a historic flop. Go watch it…
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Saudi attacks shake the confidence of foreign investors
International energy bosses were largely absent from this week’s World Petroleum Council Energy Congress, held in…
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Trump’s Russian energy strategy could backfire
The contradictory tangle of energy policy actions taken by Trump toward Russia risks repeating mistakes that he often…
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A pioneering Jeddah schoolhouse show reaches Frieze Masters in London 58 years later
In 1968, two female artists hung their paintings in the Dar Al-Tarbia Al-Hadetha school, among the first exhibitions…
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AI is an inflation problem, Fed’s Goolsbee says
Chicago Fed President Austan Goolsbee warns of “spillover” from AI price spikes into unrelated parts of the economy.
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How the Houthis’ Zaydi heritage influences their strikes in Iran
The Houthis are heirs to a 1,000-year-old Zaydi imamate that ruled northern Yemen on and off until the modern state was…
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UAE and Saudi Arabia account for almost 90% of $2.98 billion of startup capital raised in 2026
The two countries were also responsible for every round of $100 million or more. Regional funding fell 7%, and the…
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The IMF cuts its 2026 growth forecasts across the Gulf
The Middle East and North Africa is now expected to be the only region to shrink this year. In April, the IMF forecast…
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El Niño supercharges storms, leaving thousands without power in US and Mexico
Experts warn that this year’s supercharged El Niño risks making storms longer and more destructive.
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Key watchdogs signal they will step up AI regulation
Banking regulators on both sides of the Atlantic were increasingly asking questions of institutions’ use of AI models.
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