7 EV Stocks That Will Drain Your Portfolio’s Battery

investorplace.com Time to ditch these names before they drag you down Just a couple of years after electric vehicles looked to be the future of the automotive industry, the stock market’s…

China’s sovereign fund launches US$1 billion Middle East fund with Investcorp

scmp.com Qi Bin, executive vice-president and deputy chief investment officer with CIC, said that the partnership will strengthen economic relationships between China and the GCC…

PGA Tour Will Begin Rewarding Top Players for Not Defecting to LIV

mediaite.com Petter Arvidson/AP Tiger Woods is set to receive up to $100 million in equity as the PGA Tour begins rewarding its players for staying loyal and not defecting to LIV Golf.…

Heathrow expects summer holiday season to be ‘busiest on record’

theguardian.com Heathrow is expecting its busiest ever summer holiday season but faces uncertainty over its long-term future as the proposed £6bn sale of the UK’s biggest airport remains in…

Have McKinsey and its consulting rivals got too big?

economist.com AN ANONYMOUS MEMO briefly circled the web in March. The authors, who claimed to be former partners at McKinsey, rebuked the illustrious strategy consultancy for its pursuit…

Is Saudi Aramco cooling on crude oil?

economist.com HAS SAUDI ARABIA stopped believing in a future for petroleum? In recent weeks the question has hung over Saudi Aramco. The desert kingdom’s national oil goliath has a…

Saudi Arabia wants to be the Saudi Arabia of minerals

economist.com IN WA’AD AL-SHAMAL, 1,200km north of Riyadh, the Saudi capital, phosphate is extracted and bathed in chemicals to turn it into an acid. From there it is shipped 1,500km east…

Festival In Focus: Saudi Film Festival Director Ahmed Almulla Talks Underground Beginnings & Cinema Dreams As Event Marks 10th Anniversary

deadline.com Just over six years have passed since Saudi Arabia announced the lifting of its 35-year cinema ban as part of a strategy to open up the country and move its economy away…

Ditch These 3 EV Stock Clunkers Before They Drain Your Wealth

investorplace.com Drop these struggling EV stocks to sell before it's too late The electric vehicle (EV) market has been a hotbed of activity in recent years, with stocks previously soaring…

Saudi Arabia clashes with West over Chinese green tech

semafor.com Semafor Signals Supported by Insights from Bloomberg, Center for Strategic and International Studies, and The Wall Street Journal. The News The head of Saudi Arabia’s state…

Nio Stock’s Grim Reality: 3 Brutal Truths Dooming the Once-Promising EV Upstart

investorplace.com Nio will keep sinking to new lows, due to growth, profitability and dilution issues So far this month, Nio (NYSE:NIO) has continued sinking to new lows. At around $4 per…

Saudi Arabia: Why you should visit Jeddah during Ramadan

euronews.com The Jeddah Historic District programme will see the restoration of some 600 historic properties for residential, tourism and business purposes. In the airy, high-ceilinged…

AI is shaking up how sports like rugby, soccer and cricket are played

aol.com Leicester Tigers, an English rugby team, finished at the bottom of the sport’s Premiership in 2019, just about missing relegation. That’s when the club turned to AI to rate…

BRICS

zerohedge.com BRICS - The Project Of The Century Authored by Peter Hanseler via VoiceOfRussia.com, The Western media are prioritizing the Ukraine conflict, the green revolution and the…

Wyden says he’s ‘not in favor’ of Mnuchin purchasing TikTok as bill gains momentum

thehill.com Sen. Ron Wyden (D-Ore.) said Thursday that he is “not in favor” of former Treasury Secretary Steven Mnuchin participating in efforts to purchase TikTok as a bill that would…

Saudi Film Fest Sets Star Of Ramadan Hit ‘Sekket Safar’ Mohammed Elshehri As Master Of Ceremonies

deadline.com Rising Saudi Star Mohammed Elshehri has been announced as master of ceremonies at the 10th edition Saudi Film Festival, running from May 2 to 9 in the Eastern Province city…

Pakistan and Saudi Arabia call for a cease-fire in Gaza, saying efforts so far are insufficient

abcnews.go.com Pakistan and Saudi Arabia have called for an immediate cease-fire and uninterrupted delivery of humanitarian aid in Gaza Pakistan and Saudi Arabia call for a cease-fire in…

Saudi Arabia’s investment fund has been set an impossible task

economist.com About a decade ago, a flashy, deep-pocketed investor made an appearance. Saudi Arabia’s Public Investment Fund (PIF) had a mandate to go big, and was ready to: it picked up…

How to get rich in the 21st century

economist.com By 2050 there will be a new crop of economic powers—if things go to plan. Narendra Modi, India’s prime minister, wants his country’s GDP per person to surpass the World…

Make No Mistake, Lucid Stock Is Still a Dead End

investorplace.com There’s been some positive Lucid Group (NASDAQ:LCID) stock, but it hasn’t translated into a positive and permanent change in price trends. Shares initially rallied on…

Pakistan's premier calls for closer cooperation with Saudi Arabia to enhance investment in Pakistan

apnews.com Pakistan's prime minister called for closer cooperation between Saudi Arabia and his cash-strapped Islamic nation to enhance Saudi investment in his country, a government…

Tesla to slash more than 10% of its global workforce

latimes.com A truck loaded with Tesla cars departs the Tesla plant in May 2020, in Fremont, Calif. Tesla is laying off more than 10% of its workforce. Tesla Inc. is laying off more than…

Saudi foreign minister arrives in Pakistan to discuss how to help with the country’s economic crisis

seattletimes.com Saudi Arabia’s foreign minister is leading a high-level delegation on a two-day visit to Pakistan, which is seeking help in overcoming one of its worst economic crises.

Saudi foreign minister arrives in Pakistan to discuss how to help with the country's economic crisis

apnews.com Saudi Arabia’s foreign minister on Monday led a high-level delegation on a two-day visit to Pakistan, which is seeking help in overcoming one of its worst economic crises.…

Saudi delegation visits mainland cities, Hong Kong to tout megalopolis Neom and ‘The Line’ city, seek collaboration

scmp.com The visit will also feature an exhibition, “Discover Neom: a New Future by Design”, where Neom’s executive director Tarek Qaddumi will introduce guests to the main projects…

Gulf Allies Warn US Not To Launch Strikes On Iran From Their Territory

zerohedge.com Gulf Allies Warn US Not To Launch Strikes On Iran From Their Territory America's Gulf allies say they don't want to get caught in the crossfire of any potential US/Israel…