Business

13:55

GITEX Global 2026

Dubai's GITEX Global 2026 puts AI's energy and investment challenges in focus

Dubai will host GITEX Global 2026 from 7 to 11 December, bringing together global technology leaders, governments and investors as surging demand for artificial intelligence (AI) puts pressure on energy supplies, computing capacity and digital infrastructure.

05:34

Big tech

Snap settles teen addiction lawsuit during jury selection in Los Angeles

Snap Inc, the parent company of Snapchat, has settled a lawsuit brought by two teenagers who alleged that the platform was designed to encourage compulsive use, contributing to depression, anxiety and eating disorders.

10:47

China's Critical Minerals

China's mineral export controls: How costly is global dependence?

Foreign ministers from the U.S., Japan, Australia and India raised concerns over export restrictions and economic coercion at a Quad meeting in Atlanta, U.S., on Saturday, 31 October 2026, according to their joint statement.

15:36

View from Central Asia

Central Asia and Azerbaijan move towards cross-border QR payments

People travelling between Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Azerbaijan could soon be able to pay for purchases using their usual banking apps. Central banks from the five countries are working on linking their national payment systems.

13:34

Crypto crisis

$6.3 billion vanishes in Binance hack as crypto faces major security crisis

Hackers have pulled off a staggering $6.3 billion cryptocurrency heist targeting Binance, shaking confidence in one of the world's biggest digital asset exchanges and sending crypto prices tumbling. U.S. analysts suspect North Korea was behind the attack.

18:22

Nuclear investment

Central Asia's nuclear race: Who is building and where are the billions going?

Kazakhstan could begin building its first nuclear power plant in 2027, President Kassym-Jomart Tokayev said on 28 October, according to Azertac. But as Central Asia steps up its energy ambitions, which countries are investing in nuclear power and which are pursuing alternatives?

17:07

Islamic banking

Uzbekistan moves to build Islamic finance ecosystem

Uzbekistan is moving into a new phase in the development of Islamic finance, with the country’s first Islamic banking licence issued shortly before a regional forum in Samarkand brought together industry players to discuss how the sector can expand across Central Asia.

21:15

View from Uzbekistan

Uzbekistan and Russia expand business ties with more than $6 billion in joint projects

Uzbekistan and Russia have a portfolio of more than 200 joint projects worth almost $6 billion, as the two countries continue to expand regional and business ties. The projects were discussed during the third meeting of the Council of Regions of Russia and Uzbekistan, held in Fergana, Uzbekistan.

12:01

Business

Investment event in Azerbaijan attracts new investment and deals

Baku is hosting the second Azerbaijan International Investment Forum (AIIF 2026) and it’s attracting more interest this year, Azerbaijan’s Deputy Prime Minister told AnewZ. “The agenda is very impressive. More guests, more interest,” he said.

18:35

Warren Buffet Hands Over

End of an Era: Warren Buffett steps down as Berkshire Hathaway chairman

Warren Buffett has stepped down as chairman of Berkshire Hathaway, marking the end of one of the most influential leadership tenures in corporate history and completing a succession process that has been years in the making.

13:39

Volkswagen

Volkswagen approves major overhaul as 100,000 jobs face cuts

Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.

20:18

U.S.-China Business

Chinese Premier Urges U.S. Firms to Deepen China Investment, Pledges to Address Concerns

Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month

17:48

Apple Leadership

Tim Cook hands the reins of Apple to John Ternus after 15 years as CEO

Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.

06:14

Job cuts

Union vows resistance as Volkswagen plans 50,000 job cuts

Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.

18:27

View from Uzbekistan

Islamic finance goes global as Uzbekistan opens the door

Once associated mainly with Muslim-majority countries, Islamic finance has become a global industry. Its assets reached around $5.98 trillion in 2024, according to ICD-LSEG, as more countries explore Shariah-compliant finance.

07:22

Shein

Shein’s $100 billion heyday fades as Hong Kong IPO values it at up to $27 billion

Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its private-market peak four years ago.