LOS ANGELES: Electric car giant Tesla on Thursday unveiled a new two-engine vehicle designed to perform in bad weather, featuring four-wheel drive and anti-collision technology.
DUBAI: The International Monetary Fund cut its economic growth forecasts for many countries in the Middle East, citing the impact of political unrest as well as a weaker global outlook.
NEW DELHI: Facebook Inc, which closed its acquisition of mobile messaging service WhatsApp on Monday, has no near-term plan to make money from the service, Chief Executive Mark Zuckerberg said on Thursday.
WASHINGTON: Finance Minister Ishaq Dar has said the eradication of terrorism and poverty was the utmost priority of the government, ARY News reported.
SAN FRANCISCO: Google Inc has asked the U.S. Supreme Court to wade into contentious litigation against Oracle Corp, arguing that the high court must act to protect innovation in high tech.
MUSCAT: Oman's central bank has set up a sharia supervisory board to help oversee the sultanate's Islamic banking industry, a centralised model that is increasingly being adopted across the global industry but remains a rarity in the Gulf.
PARIS: Most major world economies are continuing to show stable growth momentum, but within the euro zone Germany and Italy are losing steam, the OECD said on Wednesday.
CHENNAI: Nokia Oyj said it would suspend mobile handset production at its troubled Chennai facility in India from Nov. 1 given that the company has yet to resolve a tax dispute with the Indian government.
LONDON/PARIS: Walt Disney Co has come to the rescue of its loss-making subsidiary Euro Disney with a 1 billion-euro ($1.3 billion) funding deal announced on Monday, which could give the U.S. group total control over Europe's biggest tourist…