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Meta plans globe-spanning sub-sea internet cable

Meta plans globe-spanning sub-sea internet cable

Meta plans "Project Waterworth," a 50,000km subsea cable connecting US, India, South Africa, & Brazil. It supports AI and global connectivity.

Firms plan job cuts as employment costs rise

Firms plan job cuts as employment costs rise

UK firms plan layoffs/reduced hiring due to rising costs (NI, wages). Surveys show falling confidence, price hikes planned. Unemployment rose slightly.

Chancellor Rachel Reeves' intervention in car loans case rejected

Chancellor Rachel Reeves' intervention in car loans case rejected

UK court rejected gov't intervention in car loan commission case. Lenders face potential £30B compensation payout. Bank shares fell.

UAE, Ukraine sign CEPA: Deal expected to contribute $369 million to the UAE’s GDP by 2031

UAE, Ukraine sign CEPA: Deal expected to contribute $369 million to the UAE’s GDP by 2031

UAE & Ukraine signed a CEPA to boost trade, now at $372.4M. Tariffs cut on most goods. It's projected to add millions to both GDPs by 2031.

New regulations issued for endowment companies in Abu Dhabi

New regulations issued for endowment companies in Abu Dhabi

Abu Dhabi launched new endowment company rules, enhancing governance and promoting sustainable socio-economic growth with Awqaf Abu Dhabi collaboration.

Abu Dhabi seeks to boost investments with China as bilateral trade projected to reach $200 billion by 2030

Abu Dhabi seeks to boost investments with China as bilateral trade projected to reach $200 billion by 2030

Abu Dhabi delegation visits China to boost economic ties, aiming for $200B trade by 2030. Forums planned to attract Chinese investment.