Business
– Microsoft said on Monday it is offering voluntary buyouts to a wide range of employees as it balances a costly artificial intelligence infrastructure build-out with capital efficiency. The new voluntary exit offer covers certain workers in the United States,
– South Korea posted the second-largest current account surplus among major economies in the second quarter, exceeding the combined surpluses of Germany and Japan. The country’s surplus reached $116.63 billion in the April-June period, according to central bank data reported
– Trade between Russia and Oman grew 22-fold in the first seven months of 2026 to reach $1.5 billion, Russian Security Council Secretary Sergei Shoigu said. He gave the figures on Tuesday, October 20, during a meeting in Moscow with
– Japan recorded a trade deficit of 536.6 billion yen in September as imports grew faster than exports, preliminary data from the Ministry of Finance showed. Exports rose 16.7% from a year earlier to 10.9723 trillion yen. Imports climbed 18.9%
Travel
– Türkiye aims to become the world’s sixth-highest-earning country in tourism revenue, backed by a larger budget allocation for the sector in 2027. The 2027 central government budget draft sets tourism funding at $244.5 million, up from $188.4 million this
Sports
Lionel Messi, Kylian Mbappé, Lamine Yamal and Erling Haaland are among the 30 nominees for the 2026 Ballon d’Or. Organizers announced the men’s shortlist on September 8 before the awards ceremony in London on October 26. Ousmane Dembélé, Rodri and
Automotive
Jaguar unveiled the production Type 01 in New York on October 6, marking a major product launch for the British luxury brand. The four-door electric grand tourer is the first production Jaguar based on the dedicated Jaguar Electric Architecture. It
Entertainment
Lifestyle
Fresha, a leading global booking platform for lifestyle services, announced today that it has secured a $31 million investment from JP Morgan to enhance its machine learning and AI-driven robotics capabilities. This financial backing will enable Fresha to innovate further within its
Adidas Originals and Highsnobiety, a prominent platform in fashion, design, and culture, have announced the launch of their limited-edition HIGHArt Campus sneaker. This collaboration represents a fusion of art and style, as Highsnobiety’s HIGHArt, an online showcase of products and stories, inspires
In a world where we are inundated with options for almost everything, the name Starbucks stands out as the epitome of coffee culture, connecting billions of people across diverse geographies. How did a single coffeehouse chain from Seattle gain the global notoriety
On August 23, which would have been Kobe Bryant’s birthday, Nike released a revamped classic: the Kobe 8 Protro Halo. This shoe isn’t just another pair of kicks — it’s a tribute to a basketball legend and his “Black Mamba” identity. The release was
Fashion is not merely an industry, but a reflection of society’s heartbeat at any given point in history. From the streets of Paris to the runways of Milan, fashion is a universal language spoken with fabrics, patterns, and trends. But
Global Sports Brand Targets Goal of $3 Billion
Luxury
MENA Newswire News Desk: The personal luxury goods market, long seen as resilient against economic uncertainty, is witnessing a significant contraction for the first time since the Great Recession. According to Bain & Company’s annual luxury report, global sales are projected to decline
