Iran missile that downed Ukraine jet fired ‘without permission’

Iran has sent the aircraft’s black boxes to France for analysis after months of delay

microsoft

Microsoft permanently closes all but four retail stores worldwide

Microsoft’s digital storefronts reportedly reach more than 1.2 billion people every month

Pakistan Stock Exchange says building under attack by gunmen

The KSE 100 index, which dropped after news of the attack, gained 0.1 per cent at 11.40am in Karachi

Oil extends drop with virus milestones spurring demand angst

A surge in cases across the southern and western US is causing states to reinstate measures, threatening the outlook for oil demand

UK visa services resume in UAE, Saudi, among other GCC countries

Optional Priority visas, super priority visas, and walk-in services will not be offered initially

An epidemic of contaminated waste is following the coronavirus

Manila in the Philippines produced an additional 280 tons a day of medical trash, while Jakarta generated 212 tons

Oil falls again with virus resurgence casting doubt on demand

US gasoline futures tumbled the most in two months amid fears that lockdowns may need to be re-imposed

British Airways to resume London-Dubai flights on alternate days from July 17

Starting from August 1, the flights in both directions will operate daily

Mercedes-Benz Nvidia

Mercedes-Benz And Nvidia to collaborate on automated driving technology

Mercedes vehicles featuring the new technology are expected to debut in 2024

Dell G7 2020

Dell launches powerful midrange G7 gaming laptop

It will be available in two versions: 15- and 17-inches

JAPAN-AUTOMOBILE-NISSAN

Nissan Middle East reports 0.5% growth in domestic sales for FY 2019

It will introduce eight new models to the region over the next two years

Facebook-Gaming-App-Store

Apple refuses to host Facebook Gaming platform on iOS app store

Facebook has reportedly been attempting to launch its gaming platform on Apple’s app store since February

bmw-mercedes-auto

BMW And Mercedes end self-driving car partnership

The two carmakers had previously said that they intended to jointly develop a Level 4 self-driving car by 2024

Saudi coalition forces destroy 8 ‘bomb-laden’ drones, 3 missiles launched from Yemen

The attacks were targeting “civilians in the kingdom” officials said

mapillary facebook

Facebook acquires Google Street View-competitor Mapillary

Prior to Facebook’s acquisition, Amazon and a few other tech companies had also shown interest in Mapillary

UAE ranks 19th in FDI confidence index backed by strong investor sentiment

China, Brazil and the UAE were the only three emerging economies that ranked on the index

Twitter

Twitter introduces ‘tweeting with voice’ feature for iOS users

Each voice tweet captures up to 140 seconds of audio

UK-based Arena Group merges UK, Europe, Middle East and Asia divisions

The company said the move will allow for “maximum utilisation of resources” across the EMEA region

OPEC says virus to keep fuel demand under pressure this year

The slow resumption of flights will constrain jet-fuel consumption, and high unemployment will restrict gasoline use

Do regional corporate boardrooms have enough women representation?

More women in boardrooms and senior leadership roles can lead to better financial performance, enhanced client insights, and improved board effectiveness

Saudi oil exports to US plunge to lowest level in 35 years

The kingdom has exported just one cargo to the US so far in June, equivalent to about 133,000 barrels a day

Non-oil trade between UAE, Australia up 17.4% y-on-y in 2019

Aluminium, as well as fresh and chilled meat, topped the list of commodities imported by the UAE from Australia

L’Oréal Middle East launches programme to support UAE’s Covid-19 relief efforts

More than 84,000 essential and personal care products worth Dhs4m have been donated to NGOs and hospitals

saudi arabia riyadh

Saudis cut July oil supply to some Asian buyers by up to 40%

The cuts were widespread across the region from South Asia and Southeast Asia to some parts of North Asia

Goldman banker moving from Dubai to London in latest change to Mideast lineup

Fabrice Francois will join Goldman’s mid-market advisory franchise, known as the cross markets group

TAIWAN-TECHNOLOGY-COMPUTEX

Computex 2020 show cancelled, next edition to be held in 2021

The organisers cited ongoing worldwide travel restrictions as one of the main reasons for cancelling the show

Oil falls for a third day with second-wave virus risks in focus

Futures in New York fell below $35 a barrel after losing 8.3 per cent last week

Hyundai to donate medical equipment worth $2.4m to countries in MEA

Over 603,000 items including face masks, hand sanitisers, protective equipment and 43 ambulances will be donated to 37 countries

sony playstation5

All you need to know about the new Sony PlayStation 5

The console is expected to debut in North America towards the end of this year

Oil dives the most in six weeks, exposing fragile recovery

The market is grappling with record high US oil inventories and an uneven demand rebound