Oil holds at five-month high as hurricane nears US Gulf Coast

Oil prices will probably continue to rise as excess inventories are used up

Lebanon inflation soars past 100% in latest sign of meltdown

Inflation in July reached 11.42 per cent from the previous month

fortnite

Microsoft sides with Epic Games in legal fight against Apple

The App Store forces applications and games on it to use its exclusive in-app payment system

Airbnb readies $2bn buyback on surge in travel demand

Airbnb bans parties in home rentals worldwide, caps occupancy at 16

The company has filed confidentially for an initial public offering

Apple makes Wall Street history by breaking $2 trillion barrier

The company has been buoyed by the broad adoption of mobile internet-connected devices, apps and other cloud services

Oil slides from five-month high on cloudy demand outlook

OPEC+ also warned at a meeting on Wednesday that the pace of the demand rebound was slower than expected

Saudis keep pressure on OPEC cheats before ministerial talks

Riyadh’s struggle to enforce compliance has been a long-running issue

TOPSHOT-LEBANON-BLAST

Beirut blast probe opens with arrest order for port customs head

Authorities say that some 2,750 tons of ammonium nitrate exploded in the port

Saudi intercepts another missile attack from Yemen targeting ‘civilian targets’

The missile was launched towards the kingdom’s southern region on Sunday

UAE summons Iranian envoy over denunciation of Israel deal

Tehran termed the pact as a strategic mistake

Fortnite Epic Games

Fortnite-developer Epic Games sues Apple

Epic Games wants to use its own payment system to facilitate in-app purchases rather than relying on Apple

How digitisation will help the oil and gas industry

Deploying technological tools will help regional oil and gas operators improve worker health and safety and innovate to find new solutions

LEBANON-BLAST

UN sends Lebanon 50,000 tons of wheat to avert food crisis

The first batch of 17,500 tons will arrive in 10 days

Microsoft-Windows

FBI warns against using Microsoft Windows 7

Microsoft stopped supporting Windows 7 with any further updates in January of this year

TOPSHOT-LEBANON-BLAST

Lebanon premier quits with attack on elite as blast anger builds

Several ministers had already quit in the aftermath of the disaster

toshiba-logo-company-small

Toshiba completes full exit from laptop business

Two years ago, it sold an 80.1 per cent stake in its PC business to Sharp

Aramco still aims for $15bn investment in India’s Reliance

A deal with Reliance would help the world’s biggest crude exporter join the ranks of the top oil refiners and chemical makers

LEBANON-BLAST

Global powers pledge $298m to Lebanon after blast

Outrage over the August 4 explosion is running high in Lebanon, with protesters taking to the streets to demand regime change

Abdulla Al Ghurair Foundation for Education expands support for Jordanian youth

Crown Prince Foundation will oversee Young Thinkers Programme activities in Jordan for three years

ESI Digital Summer Esports

ESI to organise major B2B online esports gaming conference next week

The online ESI Digital Summer conference will be held from August 17-21

TOPSHOT-LEBANON-BLAST

World leaders to hold Lebanon aid conference on Sunday

Several allies of Lebanon have offered support since Tuesday’s explosions in the port of Beirut that left over 150 people dead

GCC states, World Bank say ready to support Lebanon after blast

Offers for help flow from all over the world, GCC countries lead response

LEBANON-BLAST

Beirut explosion destroys tonnes of Lebanon’s food stocks

Most other food at the port, which handles 60 per cent of Lebanon’s imports, was also ruined

TOPSHOT-LEBANON-BLAST

Desperate search for Beirut port blast survivors with 100 dead

The explosion took place during the first of a two-day grace period before the government reinforces a full lockdown with a curfew to contain the epidemic

Jim Hackett and Jim Farley Ford

Ford appoints Jim Farley to replace Jim Hackett as new CEO

Jim Farley will join the board of directors from October 1

BMW records first quarterly loss since 2009 on virus impact

BMW shares have lost more than a fifth this year

Beirut blasts Lebanon

Dubai’s Sheikh Mohammed condoles Lebanon blast victims; Burj Khalifa lights up in solidarity

The casualty toll continued to climb through the night with several dozen confirmed dead and thousands more injured

TOPSHOT-LEBANON-BLAST

Explosion rocks Lebanon capital Beirut, with several dead and thousands hurt

Authorities say it was caused by highly explosive materials at the port

League-of-Legends-world-championship

The League of Legends World Championship to be held in China next month

The League of Legends 2020 World Championships would be held in Shanghai, from September 25 – October 31

Thierry Bolloré Jaguar Land Rover CEO

Jaguar Land Rover appoints ex-Renault chief, Thierry Bolloré, as new CEO

He will replace Sir Ralf Speth who will in turn assume the role of non-executive vice chairman of JLR