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Bloomberg

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Uber UAE

Uber hikes UAE fares as petrol prices surge in key oil producer

Sony

Sony takes a leap into PC gaming gear with new Inzone brand

Copper

Metals haven’t crashed this hard since the Great Recession

QatarEnergy

QatarEnergy vows to erase almost all methane emissions by 2030

McDonald’s

McDonald’s promotes Ian Borden to CFO in series of appointments

Ether leads crypto market surge after CPI report release

Ether recovery helps crypto revisit $1tn market cap level

hydrogen

UAE government team to visit Germany for talks on hydrogen

electric car

Inflation turns EVs into luxury items, threatening broader electric shift

Food

Food companies falling short of carbon-cutting goal, study finds

Instagram

Instagram to test artificial intelligence on faces to verify users are over 18

Netflix

Netflix fires another 300 employees in latest round of cuts

Rolex and Patek returns beat vintage cars and Bitcoin

Qatar

Football World Cup to add up to $17bn to Qatari economy

World Cup host Qatar demurs on VAT, will wait for ‘right time’

Oil markets

Oil declines as slowdown risks weighed against robust demand

Tesla shares give up gains on renewed prospect of Musk buying Twitter

Musk says ‘a few unresolved matters’ on Twitter deal

Oil edges up as investors weigh outlook for demand

Carlyle seeks $325m from Gulf Domino’s Pizza operator IPO

Bitcoin

Bitcoin hovers around the $20,000 level after a volatile weekend

Qatar project

Eni wins stake in $29bn Qatari project as gas prices surge

World Cup

New York, Miami among cities hosting 2026 FIFA World Cup matches

Oil

Oil set for weekly loss as traders weigh monetary tightening

oil supply

IEA sees world oil supply struggling to meet demand in 2023

Oil extends losses as traders weigh Iran supply, demand outlook

Oman wealth fund considers IPOs of state energy firm OQ’s units

PwC launches UAE cryptocurrency report, identifies three-stage facilitative model for regulation

Coinbase to lay off 18% of workers as crypto market worsens

Bahrain’s BBK appoints seven women to boards of group firms

Oil extends gains after US crude stockpiles drop, exports soar

Oil holds near $121 as investors weigh tightening markets

Xbox

PlayStation takes on Xbox with new subscription service

Oracle

Oracle jumps after revenue tops estimates on strong cloud effort

US inflation

Oil extends losses as investors weigh US inflation, China demand