News

It is getting more profit out of retail, even as quick commerce spending tests the limits of that improvement.

Heavier spending has wiped the tech giant’s profit and pushed cash flow negative, even as AI demand continues to outstrip supply.

Games and advertising still fund the company’s next act, but investors are asking when AI will become more than a spending line.

Named by the UK government as partner, the Shenzhen-based manufacturer hopes to replicate its success in Europe.

The company beat estimates as first-quarter revenue exceeded USD 7 billion.

From parts to software, the Chinese technology giant has become more than just a supplier.

The USD 210 million deal gives it access to lithium resources in Ghana and Ivory Coast.

Here’s a roundup of key developments across the Middle East for the week of May 3–9.