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Category: Middle East

Elon Musk launches AI firm xAI as he looks to take on OpenAI
BusinessMiddle EastScienceTechnologyUS

Elon Musk launches AI firm xAI as he looks to take on OpenAI

(Reuters) -Elon Musk, the billionaire entrepreneur, launched his long-teased artificial intelligence startup xAI on Wednesday, unveiling a team comprised of…

July 13, 2023July 13, 2023
NATO allies offer Ukraine security assurances as Biden hits out at ‘craven’ Putin
EuropeMiddle EastPoliticsTop NewsUS

NATO allies offer Ukraine security assurances as Biden hits out at ‘craven’ Putin

By Steve Holland, Andrew Gray, John Irish and Sabine Siebold VILNIUS (Reuters) -President Joe Biden accused Russian President Vladimir Putin…

July 12, 2023July 12, 2023
NATO welcomes Ukraine’s membership but stops short of invitation
EuropeMiddle EastPoliticsTop News

NATO welcomes Ukraine’s membership but stops short of invitation

By Sabine Siebold, John Irish and Andrew Gray VILNIUS (Reuters) -NATO leaders said on Tuesday that Ukraine should be able…

July 11, 2023July 11, 2023
Saudi National Bank was denied taking 40% Credit Suisse stake -report
BusinessEconomyEuropeMiddle East

Saudi National Bank was denied taking 40% Credit Suisse stake -report

VIENNA (Reuters) – Saudi National Bank wanted to increase its stake in Credit Suisse to around 40% from 9.88%, but…

July 9, 2023July 9, 2023
ChatGPT’s explosive growth shows first decline in traffic since launch
BusinessEconomyMiddle EastTechnologyTop News

ChatGPT’s explosive growth shows first decline in traffic since launch

By Krystal Hu (Reuters) -ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and…

July 5, 2023July 5, 2023
Oil prices rise 2% as market weighs supply cuts against economic outlook
BusinessEconomyEuropeMiddle EastUKUS

Oil prices rise 2% as market weighs supply cuts against economic outlook

By Natalie Grover LONDON (Reuters) -Oil prices climbed 2% on Tuesday as markets weighed August supply cuts by top exporters…

July 4, 2023July 4, 2023
Oil settles lower as economic jitters outweigh supply cuts
BusinessEconomyEuropeMiddle EastUKUS

Oil settles lower as economic jitters outweigh supply cuts

By Laura Sanicola (Reuters) -Oil prices settled down 1% on Monday as worries about a slowing global economy and possible…

July 3, 2023July 3, 2023
Oil prices inch higher after political turmoil in Russia
BusinessEconomyEuropeMiddle EastUKUS

Oil prices inch higher after political turmoil in Russia

By Shariq Khan BENGALURU (Reuters) -Oil prices rose slightly in choppy trading on Monday, as investors balanced concerns about global…

June 26, 2023June 26, 2023
Aramco, TotalEnergies sign $11 billion contract to build petrochemicals complex in Saudi Arabia
AsiaBusinessEconomyEuropeMiddle East

Aramco, TotalEnergies sign $11 billion contract to build petrochemicals complex in Saudi Arabia

(Reuters) – Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract to start building a new…

June 24, 2023June 24, 2023
Oil futures up 3% on strong China refinery data, weaker US dollar
BusinessEconomyEuropeMiddle EastUKUS

Oil futures up 3% on strong China refinery data, weaker US dollar

By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 3% to a one-week high on Thursday on a weaker…

June 15, 2023June 15, 2023

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