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Apple

Apple loses top phonemaker spot to Samsung as iPhone shipments drop

The drop underscores the challenges facing the US firm in China, its third biggest market

All you need to know about partial solar eclipse in UAE today

Solar eclipse time: Watch live stream

The exact timing of the eclipse varies by state and time zone across the North American continent, with visibility contingent upon weather conditions

solar eclipse

Total solar eclipse on April 8, 2024: Time, path and how to watch

The upcoming total solar eclipse slated for April 8 is set to be one of the most significant astronomical occurrences of the year.

Gold

Gold shatters record highs, heads for third straight weekly gain

US gold futures settled 1.6 per cent higher to $2,345.4

BlackBerry cyber

BlackBerry reports profit on demand for cybersecurity services

BlackBerry expects first-quarter revenue in the range of $130m to $138m, below analysts’ estimate of $151.12m.

Gold bars

Gold continues record rally after US Fed comments

Bullion has hit record highs in each session for over a week over data from the US economy

Gold

Gold regains its allure with record high prices on safe-haven demand

Gold logged its best month since July 2020, at a 9 per cent increase, and a second straight quarterly rise

FTX founder Sam Bankman-Fried

FTX’s Sam Bankman-Fried sentenced to 25 years for multi-billion dollar fraud

The judge called Bankman-Fried’s efforts to present himself as a “good guy” an act, adding, “The goal was power and influence”

boeing 737 max- boeing

Moody’s places Boeing ratings on review for downgrade

The US planemaker has been wrestling with a growing crisis following a January mid-air panel blowout

Dave Calhoun, chief executive officer of Boeing

Boeing CEO Dave Calhoun to step down in shakeup amid safety crisis

Analysts and investors called the shakeup positive for Boeing, but stressed that much depends on Calhoun’s successor

Apple shelves electric car plans after decadelong odyssey

Apple sued by US government for ‘monopolising’ smartphone markets

Apple has long argued that it restricts access to some user data and some of the iPhone’s hardware by third-party developers for privacy reasons

blinken in jeddah

Blinken meets Crown Prince Mohammed bin Salman amid ceasefire negotiations

The US Secretary of State is on his sixth visit to the region since the October 7 crisis broke out

Saudi Aramco lines up banks for potential share sale

CERAWeek: Saudi Aramco gas output to rise 60% by 2030

Speaking at one of the biggest energy conferences in the world, Aramco has backed forecasts of continued demand for traditional fossil fuels

Mustafa_Suleyman - Microsoft AI

Meet Mustafa Suleyman, Microsoft AI’s new CEO

Suleyman will bring under one roof Microsoft’s consumer AI efforts such as its Copilot chatbot and the new Bing browser that uses the technology

Nvidia unveils flagship AI chip, the B200, aiming to extend dominance

Nvidia unveils world’s most powerful AI chip

Nvidia’s new flagship chip, called the B200, takes two squares of silicon the size of the company’s previous offering and binds them together

boeing 737 max- boeing

More trouble for Boeing as FAA audit finds dozens of issues in 737 MAX production: Reports

Reports say that Boeing failed a check which dealt with the component that blew off the Alaska Air jet

Gold

Gold rally hits pause ahead of US inflation data

Gold set a record peak of $2,194.99 for the fourth straight day on Friday after data signalled a cooling US labour market

TikTok

US could ban TikTok within weeks

The app is popular and getting legislation approved by both the House and Senate in an election year may be difficult

Nvidia

Nvidia stock soars as revenue outlook beats expectations, driven by high AI demand

Nvidia stock has gained more than 30 per cent so far this year as it jockeys with Amazon.com and Alphabet for a spot among the most valuable companies

nvidia-jensen-huang

Nvidia’s expected earnings is shaking up the options market

Nvidia is expected to post earnings of $4.56 a share, and a rise in quarterly revenue to $20.378bn

Boeing 737 max

A timeline of Boeing’s ongoing 737 MAX crisis

The US NTSB published its preliminary report on the Alaska Air incident involving a Boeing 737 MAX jet

interest rate - US Fed

US Fed maintains interest rates, says more ‘confidence’ needed on inflation before rate cuts

Inflation has now been running below the Fed’s target on a seven-month basis while US economic growth and the job market have remained largely intact

APPLE VISION PRO

Apple’s Vision Pro headset gets a release date, bookings start January 19

The headset starts at $3,499 and marks the company’s biggest product launch since the original iPhone went on sale in 2007

Former US Secretary of State Henry Kissinger (1923-2023)

Henry Kissinger, former US Secretary of State, dies aged 100

Kissinger had a role in many of the epoch-changing global events of the 1970s while serving as national security adviser and secretary of state

JOE BIDEN - XI JINPING MEET

US-China San Francisco Summit: Markets react as Joe Biden, Xi Jinping meet yields few results

In China, stocks fell on Thursday, as investors were disappointed by the top level Sino-US meeting

Kevin McCarthy

Kevin McCarthy removed as Congress Speaker in a first for the US

The removal of McCarthy has left the chair vacant and no legislative business can be conducted until a new leader is elected

Republican Party primary debate US ELECTIONS 2024

Second Republican Party presidential debate: How to watch it live

The second round saw seven Republican candidates successfully meet the qualifications for participation in the debate while one notable candidate has opted out

canada travel

Canada updates travel advisory for India over ‘negative sentiments’

The country’s global affairs department updated its travel advisory after relations between the two countries worsened in recent days

Screenwriters guild members show their solidarity Image WGA East

Hollywood screenwriters guild, studios look to end strike with tentative agreement

The contract agreement doesn’t apply to actors currently on strike

solar eclipse

Annular solar eclipse on October 14: A celestial ‘ring of fire’

This particular type of eclipse occurs when the moon, positioned at or near its farthest point from Earth, does not entirely block the sun’s face