Industry
Yahoo Overhauls Singapore Operations, Lays Off Editorial and Social Teams
Yahoo Singapore overhauls operations, dismissing editorial and social teams. Shift towards content curation with layoffs affecting 17 staff.
Goldman Sachs, Barclays Reportedly Compete to Acquire General Motors' Credit Card Business
Goldman Sachs and Barclays are reportedly vying to acquire General Motors' credit card business.
Dubai's Ruler Greenlights New Passenger Terminal Worth $34.85 Billion
Dubai announced that construction had begun on a new terminal at Al Maktoum International Airport, which the Gulf emirate's ruler claimed will be "the world's largest."
Saudi Arabia's NEOM Receives $2.67 Billion Worth of Financing Facility
NEOM, a subsidiary of Saudi Arabia's sovereign wealth fund, secures new financing finality. Tarek Qaddumi (R), executive director of the Saudi Arabia mega-project NEOM, gestures at a map showing NEOM sites as he stands beside Nicholas Ho (L), the top Hong Kong official responsible for implementing China's Belt and Road Initiative, at an exhibition at the M+ museum for visual culture in Hong Kong on April 19, 2024.

















