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UAE and Saudi Arabia break into global top 20 for AI talent, surpassing Italy and Russia | World News

Saudi Arabia and UAE climb global AI charts with strong talent growth/ Representative Image TL;DR The UAE and Saudi Arabia now rank in the top 20 countries for AI talent, ahead of Italy and Russia. Saudi Arabia is offering world-leading AI salaries, long-term research incentives, and building AI cities. The UAE is focusing on fintech,…

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Troubles mount! Russia-backed Indian oil refinery reels from EU sanctions blow; Nayara faces new challenges as shippers look to end contracts

Nayara Energy, operates India’s third-largest refinery and supplies petroleum products both domestically and internationally. (AI image) EU sanctions on Russia oil have started causing troubles for Russia-backed Indian refinery Nayara Energy. After news of shipping operators showing reluctance to work with Nayara and Microsoft’s abrupt suspension of IT services for the company, it has come…

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8.7-magnitude earthquake and tsunami hit Pacific Rim: What triggered the disaster across Russia, US, and Japan | World News

Earthquakes and tsunamis remain among the most devastating natural disasters on the planet, especially for countries located along the Pacific “Ring of Fire.” Russia, the United States, and Japan face elevated seismic risks due to their positions on active tectonic boundaries. A recent 8.7-magnitude quake off Russia’s Kamchatka Peninsula on July 29, 2025, reignited global…

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Tata Motors looks to buy Italian truck maker Iveco; deal likely at $4.5 billion – set to be Tata group’s second biggest acquisition

The last significant acquisition by Tata Motors was Jaguar Land Rover (JLR), purchased for $2.3 billion in 2008. In its biggest acquisition ever, Tata Motors is preparing to acquire Italian truck manufacturer Iveco from the Agnelli family, its main shareholder, for $4.5 billion (3.9 billion). The last significant acquisition by Tata Motors was Jaguar Land…

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Hack alert: St Paul hit by coordinated digital attack; Minnesota calls in National Guard

Minnesota called in the National Guard after a “deliberate, coordinated, digital attack” hit the city of St Paul, severely disrupting public services and forcing a complete shutdown of municipal information systems.St. Paul Mayor Melvin Carter confirmed during a press conference on Tuesday that the city had initiated a full shutdown of its information systems as…

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Indian contract manufacturers go global: Firms capitalise on tariff-led supply gaps; analysts flag ROI risks

Indian electronic contract manufacturers are expanding globally through acquisitions and strategic partnerships to gain access to clients in the US, Europe, and other international markets. They are capitalising on supply chain disruptions triggered by tariff-related shifts, particularly those involving China. These companies are leveraging the current trade environment to acquire technologies and capabilities that would…

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Corporate layoffs: Canadian Tire announces workforce restructuring; retail store jobs unaffected, says company

Canadian Tire announced on Tuesday that it is reducing corporate staff positions as part of a broader transformation and modernisation effort aimed at staying competitive in the evolving retail landscape. “Earlier this year, we announced that we would be transforming our company to better compete in a new era of retail, defined by global competitive…

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Lai Ching-te’s trip to Latin America: Typhoon Danas or Chinese interference – Why did Taiwanese president cancel tour?

Taiwan’s President Lai Ching-te reportedly postponed a planned visit to Latin America, sparking debate over the reason behind the delay. Lai was speculated to visit the region next month as part of efforts to reinforce ties with Taiwan’s few remaining diplomatic allies, particularly as several countries have recently switched allegiance to China, which claims Taiwan…

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US tariffs take effect Friday: 5 key imports face steep hikes; economic fallout looms

The US plans to impose higher tariffs on several major trading partners starting Friday unless new agreements are reached with President Donald Trump- raising concerns over rising consumer prices and economic strain. Financial experts warn the proposed tariffs, which must be paid by importers of foreign goods, will likely increase operating costs and reduce household…

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