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‘Self-preferencing practices’: EU fines Google $3.5 billion over ad services; faces global antitrust pressure

Google hit with $3.5 billion EU fine (AP) European Union regulators on Friday fined Google 2.95 billion euros ($3.5 billion) for breaching competition rules by favoring its own digital advertising services. The penalty marks the fourth antitrust fine the tech giant has faced in the EU.The European Commission, the bloc’s executive branch and top antitrust…

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‘Illegal retaliation’: Judge blocks Trump administration’s Harvard grant cuts; restores $2 billion in research funding

US President Donald Trump (AP) Harvard University scored a major legal victory on Wednesday after a federal judge blocked the Trump administration’s cuts to more than $2.6 billion in federal research grants. US district judge Allison Burroughs ruled that the administration’s actions amounted to illegal retaliation against the Ivy League school for rejecting White House…

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etihad airways

UAE: Etihad to launch 100 Mbps in-flight wi-fi across fleet in three years; reports AED 1.1 billion profit in H1 2025 | World News

In July 2025, Etihad added five new aircraft, including its first A321LR, in its largest monthly delivery ever/ Image: Etihad Etihad Airways has outlined bold ambitions for the near future, announcing plans to deliver high-speed 100 Mbps Wi-Fi across its entire fleet within two to three years, while posting a solid first-half 2025 profit of…

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non oil trade

UAE and India strengthen trade ties with $37.6 Billion in Non-Oil Trade | World News

UAE-India non-oil trade hit $37.6 billion in H1 2025, rising 33.9%, driven by CEPA and sectoral partnerships/Image: WAM During an official visit to Mumbai, UAE Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi met with top Indian government and business leaders to reaffirm and advance the UAE-India economic partnership. With the UAE-India CEPA…

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taqa

UAE: Abu Dhabi National Energy Company posts AED 28.4 billion revenue in first six months of 2025 | World News

TAQA posted AED28.4 billion H1 2025 revenue, invested AED5.2 billion in utilities, and reduced debt to AED61.7 billion/Representative image In the first half of 2025, Abu Dhabi National Energy Company (TAQA) recorded solid financial growth and operational progress, driven by its utilities business and strategic investments in future-ready infrastructure. The company also reduced debt and…

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Saudi Arabia and Syria sign historic $24 billion in investment deals across 12 sectors at first joint forum | World News

Saudi Arabia and Syria signed $24 billion in investment deals across 12 sectors during their first joint forum in Riyadh/Image: SPA In a significant step toward rebuilding diplomatic and economic bridges, Saudi Arabia and Syria have launched their first private-sector-led investment forum. Held in Riyadh, the Saudi-Syrian Partnership and Investment Forum brought together over 450…

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58-year era ends: Corporation for Public Broadcasting to close after Trump pulls funding; $1.1 billion cut by Congress

From ‘Sesame Street’ to silence (Image credits: AP) The Corporation for Public Broadcasting (CPB), a pillar of American media for nearly six decades, announced Friday that it will begin a formal shutdown process following the complete loss of federal funding by the Trump administration. The decision comes after Congress rescinded $1.1 billion in appropriations for…

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US-South Korea deal: Seoul faces 15% tariff, ‘America will not be charged’; Washington to get $350 billion investments

US President Donald Trump on Wednesday announced a trade agreement with South Korea, imposing a 15% tariff on imports from Seoul, as part of what he called a “full and complete trade deal” between the two nations. He further declared that America won’t be subjected to any tariffs. As part of the deal, the Asian…

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