Dubai's ruler Hamdan bin Mohammed approves AED 1.5B economic package

Hungary PM Peter Magyar warns of 'very high' budget shortfall, alleges Orban admin falsified data

Hungary's Prime Minister Peter Magyar says the country will likely have a 'very high' budget shortfall this year, alleging that Viktor Orban's administration has 'falsified' data.

Asia's export powers boosted by AI demand in energy crisis

Demand for AI equipment is helping some of Asia's biggest export powers weather the energy shock

SpaceX announces plans for $80B IPO, targeting $1.75T valuation as early as June. Elon Musk's personal appeal seen as key factor amid ongoing losses in most divisions.

SpaceX, Elon Musk's company, has announced plans for the world's largest IPO, potentially raising $80 billion and valuing the company at $1.75 trillion, with the share sale expected as early as June. Experts say the success hinges largely on Musk's personal influence, as most of SpaceX's divisions remain unprofitable.

Saudi Arabia's $1T wealth fund eyes logistics giant via asset consolidation

Saudi Arabia's $1 trillion wealth fund considers creating a logistics giant by consolidating transport and supply-chain assets.