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China's new aircraft carrier conducts first sea trials
May 02, 2024
BEIJING — China's Fujian aircraft carrier took to the water for maiden sea trials on Wednesday, state media said, a key next step in a vast naval build-up by Beijing as it carves out a more assertive role for itself in the Pacific and beyond.The Fujian is China's third aircraft carrier after the Liaoning and the Shandong vessels and is the Chinese ...
Microsoft CEO pledges $1.7b AI, cloud investment in Indonesia
May 01, 2024
JAKARTA — Microsoft's chief executive officer pledged a $1.7 billion investment in ar ...
RJ holds virtual annual general meeting, issues financial results of 2023
Apr 30, 2024
AMMAN — Royal Jordanian (RJ) held its ordinary annual general meeting virtually on Mo ...
Arab Bank Group profits grow by 17% to $252.8m in Q1 2024
Apr 28, 2024
AMMAN — Arab Bank Group reported solid results for the first quarter of 2024, with 17 per cent increase in net income after tax reaching $25 ...
Thyssenkrupp sells stake in steel unit to Czech billionaire
Apr 28, 2024
FRANKFURT, Germany — Thyssenkrupp said recenetly it had agreed to sell a stake in its steel business to a group owned by Czech billionaire D ...
Mideast tensions threaten global progress on inflation — World Bank
Apr 26, 2024
WASHINGTON — The ongoing tensions in the Middle East threaten to halt — or even reverse — some of the recent progress made in tackling globa ...
Germany nudges up growth forecast, ailing economy at 'turning point'
Apr 25, 2024
FRANKFURT, Germany — The German government slightly increased its 2024 growth forecast on Wednesday, saying there were signs Europe's beleag ...
General Motors lifts 2024 profit forecast after strong Q1
Apr 24, 2024
NEW YORK — General Motors (GM) reported higher profits Tuesday thanks to continued strength in North America that offset a loss in its China ...
Denmark launches its biggest offshore wind farm tender
Apr 23, 2024
COPENHAGEN — The Danish Energy Agency on Monday launched its biggest tender for the construction of offshore wind farms, aimed at producing ...
Visa to launch global innovation programmme 'VEI' in Levant region for first time in June
Apr 22, 2024
AMMAN — Giant multinational payment card services, Visa, will launch its "Visa Everywhere Initiative" (VEI) on June 2 for first time in the ...
Housing Bank Group reports JD140.8 million net profit for 2023, recommends cash dividend of 25% of share nominal value
Apr 21, 2024
AMMAN – The Housing Bank held its 51stGeneral Assembly Meeting on April 18th, 2024. ...
Post-Brexit checks on UK-bound EU food imports delayed again — FT
Apr 21, 2024
LONDON — Britain will avoid implementing most post-Brexit checks on EU food imports due to start this month so as to prevent major disruptio ...
Tesla asks shareholders to reapprove huge Musk pay deal
Apr 18, 2024
NEW YORK — Tesla will ask its shareholders in June to ratify a multi-billion-dollar 2018 pay package for CEO Elon Musk that was squashed by ...

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