Middle Eastern Entertainment Headlines at 11:08 a.m. GMT

Associated Press
Updated

Abu Dhabi, once an untapped desert city, sees its first brewery open as UAE relaxes its alcohol laws

Latest Stories

  • Taiwan firm halts plan for $1B battery plant in B.C. that had federal support

    A $1-billion lithium-ion battery cell production plant that was planned for Maple Ridge, B.C., has been shelved.

  • China stacked the deck against Augusta-made golf carts. Here's what America did about it

    The world's top two golf cart manufacturers, both based in Augusta, are praising a government finding that China is unfairly subsidizing its low-speed vehicle industry. The U.S. Department of Commerce announced recently that China's government has engaged in antidumping and…

  • School janitor spent 5 years in prison on false charges of child sexual abuse. Now he's suing

    A school janitor was imprisoned, accused of molesting children. Now exonerated, he's suing over a case he says was rife with lies and underhanded tactics.

  • Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assets

    DETROIT (AP) — The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year.

  • Why Suncor Energy (SU) Has the Biggest Upside Potential Among Oil Stocks

    We recently published a list of 10 Oil Stocks with Biggest Upside Potential According to Analysts. In this article, we are going to take a look at where Suncor Energy Inc. (NYSE:SU) stands against the other oil stocks with biggest upside potential. In an interview with CNBC on November 26, Daan Struyven, Co-Head of Global […]

  • New doctors in Quebec would face fines up to $200K daily for ditching public system for private

    Quebec Health Minister Christian Dubé tabled a bill that would force medical school graduates in the province to spend their first five years working in the public health-care system.

  • Opposition brewing against federal proposal to cap emissions on oil and gas industry

    There have been setbacks, ominous signals, and now a potential cap on emissions. It's rarely been smooth sailing for this province's oil and gas industry. As CBC’s Terry Roberts reports, the current path is turbulent.

  • Elon Musk lost his Tesla pay fight. Here's what he can do next.

    Appeals are often a long shot, and Elon Musk's battle over his Tesla compensation presents a novel case with unpredictable elements.

  • China’s New Port Has Peru Targeting $30 Billion Farm Exports

    (Bloomberg) -- Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsPeru is betting that new trade links with China and local tax breaks can take its booming agribusiness industry to the next level, almost tripling exports over the next decade and a half. Agriculture Minister Angel Manero is targeting $30 billion in exports by 2040, primarily fruit shipments, compared with an estimated $12 billion this

  • Ontario Place redevelopment not 'fair, transparent or accountable,' auditor general finds

    According to the province’s auditor general, the process for selecting new tenants for Ontario Place wasn't transparent or fair. CBC’s Lorenda Reddekopp breaks down some of the key findings from the scathing section of the annual report.

  • I worked in Big Tech for years and now help others get jobs. Don't follow these 4 career-advice clichés.

    Alan Stein worked in the corporate world for 25 years at companies including Google. Here's why he advises against some popular career advice.

  • EU pushes to cut China reliance with US$4.8 billion in cleantech grants

    The European Union will throw almost US$5 billion in grants at cleantech projects with the express aim of reducing its reliance on China, in the bloc's latest move to de-risk economic ties with Beijing. On Tuesday, the European Commission invited bids for projects in the electric vehicle battery, hydrogen and other cleantech sectors, promising €4.6 billion (US$4.8 billion) in grants. In the battery sector, which is dominated globally by Chinese firms, the bids that pledged "less sourcing of cath

  • The top jobs that pay $200,000+ require two things: Advanced degrees and in-person working, research shows

    Companies are increasingly dropping degree requirements and letting workers dial in remotely—but these sorts of jobs won’t land you the big bucks.

  • Chinese drone maker DJI fights to shake off 'military' tag

    Chinese drone maker DJI is fighting to prove that it is not linked to the country's military, an allegation that has resulted in US sanctions, as it continues to wage a legal and public image battle amid US-China geopolitical rivalry. Although the world's largest drone maker has denied that its products are intended for military use after reports of its drones being used on the Ukraine battlefield, and has denied any links to China's People's Liberation Army, the Shenzhen-based company has remai

  • Coffee Traders Cough Up $7 Billion in Margin Calls in Wild Month

    (Bloomberg) -- In Brazil’s Minas Gerais – the biggest coffee-growing state in the world’s No. 1 bean producer – farmers and exporters usually celebrate rising prices for the caffeinated commodity.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsNot this year.After several disappointing harvests, a sharp run-up in prices has left some big-name producers scrambling to square up their finances after f

  • NVIDIA Expands Collaboration: Tapping ZJK for Advanced Cooling Tech

    ZJK Steps Up in AI Cooling with NVIDIA's Next-Gen Project

  • Exxon names former GM president to run oil and gas business

    HOUSTON (Reuters) -Exxon Mobil said on Tuesday that Dan Ammann, former president of General Motors, will take over its largest and most profitable business early next year. Ammann, who joined Exxon two years ago to run its clean energy unit, called Low Carbon Solutions, will replace 34-year Exxon veteran Liam Mallon as president of Exxon's oil and gas pumping business, effective Feb. 1, 2025. The appointments of Ammann and Barry Engle, another former GM executive, as president of Low Carbon Solutions, reflects the U.S. oil producer's continued reshaping of its top management with outsiders.

  • More Americans Are Opting for Early Social Security. But at What Cost?

    Hammered by inflation, recession fears and doubts about the future of Social Security, an increasing number of working Americans say they plan to claim their Social Security benefits early while staying on the job. Here are the factors driving this … Continue reading → The post More Workers Plan to Retire on Less Money by Claiming Social Security Early appeared first on SmartAsset Blog.

  • Westlake (NYSE:WLK) Eyes Growth with Innovation in Polyethylene and Housing Market Opportunities

    Westlake is strategically leveraging its integrated manufacturing footprint in North America to drive cost efficiency and market penetration, with a strong focus on sustainability and product innovation in polyethylene. Recent developments highlight record sales volumes and a robust financial position, although challenges such as unplanned maintenance outages and competitive pressures persist. The company report delves into key areas including growth strategies in the housing market,...

  • Thailand to extend production timeframe for battery EVs

    Thailand will extend a production timeframe for battery electric vehicles (BEV) and offer incentives for hybrid EVs to support the industry in Southeast Asia's automobile hub, its Board of Investment said on Wednesday. The current EV incentive package requires local production this year of one vehicle for each vehicle that was imported earlier. Southeast Asia's second-largest economy is the region's auto assembly and export hub and home to Japanese manufactures like Toyota and Honda.