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The UAE’s oil exports hit a record high in June, as the country took advantage of its exit from OPEC and skirted Iranian threats in the Strait of Hormuz. UAE exports averaged 3.7 million barrels a day during the month, according to industry data cited by Reuters — significantly a

Kuwaiti telecom Zain Group plans to invest more than $1.5 billion over the next decade to upgrade and operate a mobile network in Syria, the latest in a series of Gulf investments since the fall of the Assad regime. The company will acquire a 75% stake in the existing MTN network

Qatar overhauled its labor laws, adding for the first time provisions that allow for part-time and freelance work to be regulated, and others that make it harder to launch strikes. In changes the government said were aimed at “reinforcing the balance between the rights of workers

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Smart speakers have spent the past few years searching for a compelling second act. Beyond music, timers, and controlling your lights, they’ve struggled to justify taking up space on the kitchen counter. AI promised to change that. Google built a great smart speaker, but Gemini i

Google Says AI Growth Is Outrunning Grid Decarbonization Google’s AI infrastructure growth is accelerating faster than power grids can decarbonize, highlighting gaps in clean energy deployment. AI infrastructure growth is outpacing power grids’ ability to decarbonize, widening th

Banking infrastructure startup Spense has raised $2.8 million in a seed funding round led by Arkam Ventures, with participation from Razorpay Ventures, GrowthCap Ventures, and Atrium Ventures. The round also saw participation from angel investors including Kunal Shah, Madhusudhan

The News Consultancy firm Alvarez & Marsal (A&M) aims to expand its Middle East business by as much as five times over the next few years, betting it can steal market share from rivals even as demand for advisory services shrinks. The firm is on track to double its Gulf revenue t

This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. While consumer sentiment is near record lows, at least one group appears to be feeling better about their jobs: shift workers. Stock futures are mixed this morning

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Anthropic restores Claude Fable 5 as US lifts export controls — single filter now blocks prompt that could identify software vulnerabilities and write code to exploit them Commerce withdrew the controls after testing confirmed weaker models could do the same thing. Anthropic has

Brookfield-Bloom $25B Aims to Make Energy Certainty Financeable The expansion reflects a strategic shift where capital providers bundle financing with guaranteed power delivery from day one, enabling hyperscalers to advance projects on schedule even while awaiting utility connect

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The US lifted its export ban on Anthropic’s most advanced AI models, the company said. The White House blocked foreign nationals from using Mythos and Fable last month, citing security concerns, prompting Anthropic to suspend access to the two models altogether. Mythos was report

Another large study has found no link between autism and Tylenol use during pregnancy, refuting claims by President Trump and anti-vaccine Health Secretary Robert F. Kennedy Jr. In September, Trump and Kennedy held a press conference in which they stated without clear evidence th

The bifurcated laptop landscape of Computex 2026 – MacBook Neo competitors with 8GB of RAM, and expensive Nvidia laptops promising an agentic-focused future of Windows on Arm Take your pick: an expensive laptop promising an agentic AI future, or affordable options with RAM allotm

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The News South Africa’s anti-migrant protest leaders vowed a rolling campaign targeting the country’s commercial hubs after tense nationwide protests ended with activists giving the government six months to enforce mass deportations and workplace quotas. Demonstrations on Tuesday

Philippine town closes all 'Pisonet' computer rental shops in wake of school shooting — incident blamed on violent video games, shops closed 'for the safety of the youth' A move that could cut off computer access for thousands. Dagupan City, located in northern Philippines and ab

French power and cooling giant Schneider Electric plans to acquire Cognite in a $3.1 billion all-cash deal. The company plans to buy 100 percent of the privately held industrial AI firm and merge it into its industrial software subsidiary Aveva. “Cognite has built something rare,

Virginia county asks all employees, including schools, to conserve power due to AI-driven electricity price hikes — state's 400-plus data centers steadily increasing demand, grid expansion, and pricing The grid is expanding to meet the needs of the expanding grid. In yet another

Lab grown diamond jewellery brand Limelight Diamonds has raised Rs 275 crore in a strategic funding round led by the company's core promoters, the Bhathwari Group, along with participation from key strategic partners from the jewellery industry. The capital was raised through a c

Lamborghini on Wednesday revealed a new hybrid performance model of its Urus SUV, as the Italian auto manufacturer continues to lean into gas-electric vehicles after abandoning plans for pure EVs. The Urus SE Performante features a more aggressive exterior design, including a lar

New PC purchases see sharpest drop in nearly three years as memory and storage prices bite — shipments fall by 7%, analysts forecast 14% contraction that will hit budget laptops hard Computers just aren't affordable these days. Shipment of new PCs in the U.S. fell to 15.8 million

China’s EV makers, squeezed at home, are moving into Europe’s idle car factories. Chery will start building EVs later this year at a former Nissan plant in Barcelona, Spain. It is also in talks to have its cars built at Nissan’s Sunderland, England, factory. Geely is reportedly t

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AI researchers trick chatbots into sharing how to make cocaine as long as they believe a user is wearing a green shirt — 'CoT Forgery' exploit spurs LLMs to divulge forbidden info by faking trusted chains of thought Researchers say models judge a prompt’s authority by how it soun

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32GB Corsair Vengeance DDR5 is $314 in this Woot sale — the lowest standalone RAM price in months, thanks to $125 discount Good, not great. 32GB of RAM costs no less than $380 in the current AI component crunch, but right now you can get 32GB of DDR5 6000 Corsair Vengeance for $3

Private and community servers for Minecraft and COD are illegal and amount to piracy, ESA tells California Senate — Stop Killing Games-backed bill fails to pass committee AB 1921 failed by one vote, with four committee members abstaining. The Entertainment Software Association ha

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Village People frontman Victor Willis dies aged 74 - Published Victor Willis, the frontman of 1970s disco group Village People, has died at the age of 74, the band's official social media page has announced. The Texas-born musician was the lead singer and co-writer of the band's

Officers in Nowak case face gross misconduct investigation - Published Two police officers are being investigated for potential gross misconduct following the case of Henry Nowak, who was handcuffed and arrested as he lay dying, the police watchdog has said. Nowak, 18, was fatall

Search fieldHome page Seeking Alpha - Power to InvestorsAbout PremiumCreate free accountSearch for Symbols, analysts, keywordsLog in AM Need to Know: Microsoft plans layoffs, Nike posts results beat & more Jul 01, 2026, 5:24 AM ETS&P 500 Futures (SPX)MSFT, NKEBy : Nilanjana Bas

Family of boy attacked by crocodile thank zoo staff who rescued him - Published The family of a three-year-old boy who was seriously injured after ending up in a crocodile enclosure have thanked zoo staff for rescuing their child. The boy was attacked by at least one crocodile, t

Gold prices fell further on Wednesday, after the precious metal closed its worst quarter in 13 years in three months to the end of June. Gold futures began the second half of 2026 on the backfoot, sliding 1.24% in early trade to $3,989.00. Spot prices were also lower, falling 0.8

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