Business
Wall Street surged Thursday as investors embraced the Fed’s first rate cut in four years, with major indexes rising and tech stocks leading the charge.
Rapaport and DMCC will host Dubai’s largest polished diamond auction with over 3,200 lots and more than 50,000 carats on offer for international buyers.
Facing over $1.2 billion in debt, Tupperware filed for Chapter 11 bankruptcy. The company plans to maintain operations and explore a sale to protect its brand.
Russia’s Central Bank raised its key interest rate to 19%, citing persistent inflation driven by increased defense spending amid the ongoing war in Ukraine.
Travel
Etihad Airways will begin double daily flights to Paris from January 15, 2025, with expanded global connections.
Health
Technology
Tiger Global is poised to join OpenAI’s new $150 billion funding round, alongside Thrive Capital, Microsoft, and other tech giants, marking a significant boost for the AI startup.
Sports
The Abu Dhabi Powerboat Team is set for a pivotal race in Norway’s UIM F2 World Championship.
Lifestyle
Porsche marks the 50th anniversary of its 911 Turbo with a limited sneaker series in collaboration with Puma, featuring twelve designs limited to 911 pairs each.
Fresha secures a $31 million investment from JP Morgan to enhance its machine learning and AI-driven robotics.
Adidas Originals and Highsnobiety, a prominent platform in fashion and design, have launched their limited-edition HIGHArt Campus sneaker.
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Luxury
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