Other chip stocks like Micron declined 9.89% and AMD shed 4.92%. Chinese sartup DeepSeek released on Jan. 20 a cost-efficient AI model to compete with OpenAI using a fraction of computing ...
Tesla, BMW sue EU after China-made EVs hit by tariffs
BMW said in a statement that EU duties on battery electric vehicles “harm business models of globally active companies.” ...
Matt Egan explains why China’s AI model is causing US stocks to drop
CNN’s Matt Egan reports on a new Chinese AI model called R1, which was created by the company DeepSeek. The R1 model is causing US stocks to drop and is raising questions about US dominance in AI.
Timor-Leste’s financial cliff draws closer in 2025
Leste's government passed a 2025 budget that accelerates the country’s rush towards a fiscal cliff instead of mitigating it. The economy relies heavily on an unsustainable withdrawal rate from the ... ( read original story ...)
The Avenues – Bahrain wins two prestigious awards at the Arabian Property Awards 2024-2025
The Avenues - Bahrain was recognized for its excellence in Best Leisure Architecture and Best Retail Development categories ... ( read original story ...)
136 neglected dogs rescued from south Georgia kennel
PIERCE COUNTY, Ga. — Officials announced last week that 136 dogs suffering from abuse and neglect had been seized from a property in south Georgia. A release from the Georgia Department of Agriculture ... ( read original story ...)
Oman slashes real estate fees
The amendments, which covered 85 government services, included streamlining and merging fees of 47 services, cancelling the fees of 11 services, cutting down the fees of eight services and introducing ... ( read original story ...)
Oman: Housing Ministry revises real estate service fees to boost investment
Lower real estate sales fees – Registration fees for sales contracts have been reduced from 2% to 1% for Omani individuals and companies, cutting real estate ownership costs by 50%. Islamic Bank ... ( read original story ...)
Data leak: NRIC numbers of 3,300 individuals exposed due to ‘technical issue’ at property agent regulator
CEA apologized for having disclosed the personal data and told those involved about the steps it would take in the aftermath of the leak ... ( read original story ...)
Dubai property booms as the city attracts growing numbers of residents
Dubai’s property sales surged nearly 20% in 2024, with transactions hitting a record as the city attracts ever-more residents and investors. ( read original story ...)