The News Khaldoon Al Mubarak, one of Abu Dhabi’s top money men, visited Washington last week, touting progress one year into the UAE’s decade-long, $1.4 trillion investment commitment to the US. Al Mubarak pledged to accelerate investments in technology and energy infrastructure in the world’s largest economy “despite regional and ...
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SpaceX IPO won’t solve Alwaleed’s languishing stockSpaceX IPO won’t solve Alwaleed’s languishing stock
Wael’s view Saudi billionaire Prince Alwaleed bin Talal has often been described as the “Warren Buffett of the Middle East.” He has picked winners — including Apple, Amazon, Citigroup, and Twitter — that cemented his status as one of the region’s most successful investors, and he’s touting SpaceX as his ...
CBS News in the crossfireCBS News in the crossfire
The News If CBS News’ new owners are trying to pull the network away from what they see as liberal politics and reflexive hostility to Donald Trump, the president would like them to try harder. “Your elections are crooked and you’re crooked, and is crooked,” Trump told NBC News’ Kristen ...
Former Gourmet magazine owner sues new Gourmet newsletterFormer Gourmet magazine owner sues new Gourmet newsletter
The Scoop The parent company of the defunct food magazine Gourmet is not pleased that a group of journalists have revived it on their own. In January, a group of five food writers announced that they were restarting the once-prestigious food magazine, which magazine giant Condé Nast had shuttered in ...
India ‘cockroach’ party attracts discontented youthIndia ‘cockroach’ party attracts discontented youth
An Indian political movement that began as satire attracted thousands of supporters in a protest Saturday, reflecting real frustration among the country’s youth. The Cockroach Janta Party was started by a recent Boston University graduate after India’s chief justice compared young unemployed Indians to cockroaches. Anger swelled last month after ...
Chinese blue-collar wage growth outpaces white-collar jobs’Chinese blue-collar wage growth outpaces white-collar jobs’
Wage growth for blue-collar workers in China has outpaced that of their white-collar peers for six consecutive years, in a sign of the country’s booming gig economy. More than 300 million Chinese people are now in “flexible” employment setups, according to a new think tank report. Food delivery drivers were ...
US looks to use Iranian assets to help Gulf alliesUS looks to use Iranian assets to help Gulf allies
Washington is reportedly looking to redirect Iranian assets to Gulf countries to help them rebuild following strikes from Tehran. A recent wave of attacks against Kuwait and Bahrain has damaged infrastructure including energy facilities, military sites, and airports. The initiative from the Trump administration comes as the $24 billion in ...
In a first, human receives multiple pig organsIn a first, human receives multiple pig organs
A patient received two kidneys and a whole liver from a pig, the first example of multi-organ xenotransplantation. The patient was brain-dead, and the procedure, which was performed in China, was a trial, but the organs — from a pig genetically modified to improve compatibility with human immune systems — ...
US defense secretary attacks European allies in D-Day speechUS defense secretary attacks European allies in D-Day speech
The US Defense secretary attacked European immigration policies in a speech commemorating the 82nd anniversary of D-Day, reflecting the growing rift between Washington and its transatlantic allies. Speaking in France on Saturday, Pete Hegseth decried a modern “invasion” of “boats and men,” one day after the US vice president blamed ...
Saudi’s NEOM faces $16 billion bill to cancel NEOM contractsSaudi’s NEOM faces $16 billion bill to cancel NEOM contracts
The Scoop Saudi authorities expect to spend more money canceling projects at NEOM than building them over the next five years, the latest sign of retrenchment of what was one of the world’s most ambitious development projects. The vast, futuristic new city in northwestern Saudi Arabia was at one point ...