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13875 articles published since 08 Mar 2022

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Hong Kong leads Asian markets higher on Alibaba boost
Hong Kong leads Asian markets higher on Alibaba boost
Business and Economy

Asian stocks were broadly up on Wednesday to buck losses on Wall Street, led by massive gains for Chinese tech behemoth Alibaba after it announced it would split into six business groups. Alibaba is one of China's most prominent tech firms, with operations spanning cloud computing, e-commerce, logistics, media and entertainment, and artificial intelligence.

Room for one more? Saudi moves in on Gulf aviation market
Room for one more? Saudi moves in on Gulf aviation market
Business and Economy

Undeterred by a crowded Gulf market, Saudi Arabia is going all in on an aggressive aviation expansion, with a massive jet order and the launch of a new national carrier. "The question of what the demand side of this equation looks like has yet to be settled, but the Saudis must be pretty confident to push ahead with such a massive aircraft order," he said.

Billion-dollar facelift as Bahrain bids to join Gulf boom
Billion-dollar facelift as Bahrain bids to join Gulf boom
Business and Economy

With a multi-billion dollar economic revamp in full swing, tiny Bahrain is vying to keep pace with its Gulf neighbours after more than a decade beset by political unrest. In 2018, wealthier Gulf countries agreed to support Bahrain's economic goals with $10 billion in loans, giving rise to the current building spree.

Meatball from extinct mammoth unveiled by food tech firm
Meatball from extinct mammoth unveiled by food tech firm
Business and Economy

Food scientists unveiled a giant meatball made from lab-grown flesh of an extinct woolly mammoth on Tuesday, saying the protein from the past showed the way for future foods. "We chose to make a mammoth meatball to draw attention to the fact that the future of food can be better and more sustainable." jhe/dk/ea

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