Business
– Oil prices rose on Wednesday, with Brent crude futures climbing $1.48, or 1.3%, to $115.36 a barrel by 01:40 GMT. US West Texas Intermediate crude futures gained $1.22, or 1.22%, to $101.12 a barrel. The increase reversed part of
– Microsoft said on Monday it is offering voluntary buyouts to a wide range of employees as it balances a costly artificial intelligence infrastructure build-out with capital efficiency. The new voluntary exit offer covers certain workers in the United States,
– South Korea posted the second-largest current account surplus among major economies in the second quarter, exceeding the combined surpluses of Germany and Japan. The country’s surplus reached $116.63 billion in the April-June period, according to central bank data reported
Travel
– Air Arabia will start nonstop flights from Sharjah International Airport to Amman City Airport on November 15, 2026. The carrier will operate the route four times a week. The service will add another direct connection between the United Arab
– Air Arabia will restart daily nonstop flights between Ras Al Khaimah and Kozhikode on October 16, 2026. The service restores a direct connection between the UAE emirate and the southern Indian state of Kerala. Bookings are already available through
– flydubai presented its growing Levant route network at the Syria Travel Show in Damascus as the regional low-cost carrier expands direct connectivity between the United Arab Emirates and key Syrian commercial hubs. Participating in the event hosted under the
Technology
Automotive
Japan’s new car sales rose 1.8% in the first half of 2026, marking a second straight first-half gain for the domestic auto market. Automakers sold 2,387,189 new vehicles from January through June, including minivehicles. The increase followed a stronger second
Porsche has presented a one-off 911 GT3 RS created through its Sonderwunsch programme, combining the track-focused sports car with a bespoke design treatment inspired by haute couture. The vehicle is finished in Macadamiametallic from the Paint to Sample range and
SEOUL: Mercedes-Benz on Monday unveiled the all-new electric C-Class at a world premiere in Seoul, introducing the first battery-electric version of one of its best-known sedan nameplates and placing one of the brand’s core products into the premium EV market. The launch