Worldwide

Boeing invests $1 billion to boost 787 Dreamliner production in South Carolina

The expansion will generate 500 jobs and is projected to be operational by early 2027 

ADFW 2024: World Bank commends UAE efforts in tackling global climate challenges

The World Bank is committed to achieving the SDGs and highlights the importance of collaborating with the UAE 

ECB cuts interest rates again amid euro zone economic challenges

The ECB unanimously decided to reduce the deposit rate by 25 basis points

Oil prices dip amid supply surplus expectations and China’s stimulus efforts

Brent oil futures fell by 0.1 percent to $73.34 per barrel

Understanding Google Gemini 2.0: Key features and implications for businesses and consumers

Gemini AI is part of Google's ongoing effort to integrate advanced AI technologies into its products and services

La Niña’s impact on 2024’s record-breaking heat: What you need to know

New report suggests that 2024 might be the hottest year on record

Apple iOS update: Users can now access ChatGPT using Siri

Apple users can choose whether to enable ChatGPT integration and are in full control of when to use it

Hard-to-abate sectors cut emissions, but still offtrack for net-zero targets: Report

Interestingly, the these industries achieved a 0.9 percent reduction in absolute emissions from 2022 to 2023

OPEC cuts oil demand growth forecast for 2024, 2025

2024 global oil demand to rise by 1.61 million barrels per day, down from 1.82 million barrels per day last month

Willow: What are the key features of Google’s new quantum chip?

The new chip features 105 qubits, allowing for more complex computations and enhances the chip's overall performance

AI to add $19.9 trillion to global economy, account for 3.5 percent of GDP by 2030: Report

98 percent of executives prioritize AI investments, driving rapid funding increases and highlighting AI's value 

AD Ports Group assigned new A1 Credit Rating by Moody’s

The A1 rating is the fifth-highest on Moody’s scale, indicating upper-medium investment grade and low credit risk 

Oil prices surge modestly amid China’s stimulus optimism and U.S. economic indicators

Brent crude futures for February delivery ascended by 0.4 percent to $72.47 a barrel

Oil prices slip as market reacts to China’s stimulus and Middle East instability

Brent oil futures for February delivery decreased by 0.2 percent, settling at $72.00 per barrel

Oil prices rise on Middle East uncertainty despite weaker China demand

The number of oil and gas rigs deployed in the U.S. last week hit the highest since mid-September

10 fastest-growing economies in the world in 2024

Guyana is expected to be the fastest-growing economy this year with real GDP expected to 43.8 percent

Global trade set to reach record $33 trillion in 2024: UNCTAD

This represents a 3.3 percent annual growth rate, showcasing the resilience of international trade amid ongoing challenges

OPEC+ extends oil output cuts until end of 2026

Despite the group's efforts in limiting supply, Brent crude has mostly stayed in a $70-$80 per barrel range this year

Oil prices decline as OPEC+ prolongs supply cuts

Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel

Google launches Veo gen AI video model: Everything you need to know

This model produces high-quality 1080p videos in various visual and cinematic styles using text or image prompts 

Oil prices edge up amid U.S. inventory draw, OPEC+ meeting in view

Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel

How Generative AI is impacting job and labor markets globally

The emergence of Generative AI is amplifying the digital divide between urban and rural areas

AI infrastructure firm Nebius secures $700 million funding from Nvidia and Accel

The financing will help Nebius accelerate GPU clusters, cloud platforms, and other essential AI tools