Business

Business

Hyundai plans long-range premium electric car in strategic shift

Hyundai Motor Co said on Thursday it was placing electric vehicles at the center of its product strategy - one…

5 Min Read

Petroleum ministry invites Exploration & Production companies to tap Shale gas, oil potential

Ministry of Petroleum and Natural Resources has invited local and international Exploration and Production (E&P) companies to tap massive Shale…

2 Min Read

Buffett divests stake in General Electric

Warren Buffett's Berkshire Hathaway has sold off its stake in General Electric, according to US regulatory papers filed Monday. Berkshire…

1 Min Read

Saudi budget deficit halves after reforms, oil rebound

Saudi Arabia's budget deficit halved in the first six months of this year, the finance ministry said Sunday, following sweeping…

3 Min Read

Nvidia’s quarterly revenue rises 56 percent

Nvidia Corp reported a 56 percent jump in quarterly revenue on Thursday, helped by strong demand for its chips used…

1 Min Read

Intel set to roll out 100 self-driving cars

Silicon Valley giant Intel on Wednesday announced plans for a fleet of self-driving cars following its completion of the purchase…

2 Min Read

Oil producers committed to output cut deal: OPEC

Global oil producers said Tuesday they remained committed to cutting output and stemming the collapse in oil prices, the Organization…

2 Min Read

US natural gas emerging as rival to Russia in Europe

The growth of shale gas extraction is positioning the United States to be a bigger natural gas exporter, potentially challenging…

4 Min Read

China’s web users fear losing tools to bypass ‘Great Firewall

Enterprising internet users in China fear the tools they use to tunnel through the country's "Great Firewall" may soon disappear,…

6 Min Read