Month : April 2023

News

UAE and Albania sign cybersecurity agreement to enhance cooperation

omandailynews.com
H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Edi Rama, Prime Minister of the Republic of Albania, held a meeting in Tirana to discuss the friendship and cooperation ties between the two countries. During the meeting, Sheikh Abdullah conveyed the greetings of President......
Business

Concerns arise over US economy as Costco reports weaker sales growth

omandailynews.com
Costco Wholesale Corp. witnessed a decline in its shares following the company’s slowest growth in US sales in nearly three years. The monthly sales gauge registered a second consecutive slowdown, raising concerns about the robustness of US consumers. In March, US comparable sales saw a meager 0.9% increase, excluding the......
Business

Apple set to launch first-ever retail store in India this month

omandailynews.com
Apple is all set to launch its first-ever retail store in India, nearly two decades after it started selling products and services in the country. The US-based tech giant is slated to open its store, called Apple BKC, located in the Jio World Drive Mall in Mumbai, to the public......
Automotive

Volkswagen recalls 140,000 SUVs in the US over faulty airbags

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Volkswagen is recalling 143,000 of its Atlas SUVs in the United States due to a faulty sensor on the front passenger side that can switch off the airbag system under certain conditions. The automaker has advised owners not to let anyone ride in the front passenger seat until the issue......
Luxury

Rolex dominates luxury watch market with new Oyster Perpetual Cosmograph Daytona

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Rolex, the number one luxury watch brand globally, celebrates the 60th anniversary of the iconic Cosmograph Daytona, unveiling its new-generation Oyster Perpetual Cosmograph Daytona. The new version showcases subtle refinements to the watch’s classic design and technical performance while retaining its emblematic style and technical prowess. The singular design of......
Business

Breaches of criminal law in Credit Suisse-UBS merger to be probed by Swiss prosecutor

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Switzerland’s Federal Prosecutor is investigating potential breaches of criminal law by officials involved in the state-backed takeover of Credit Suisse by UBS Group, which was announced last month. The prosecutor’s office is examining the deal for any evidence of wrongdoing by government officials, regulators, and executives at both banks. The......
Business

Saudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpd

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Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on Sunday, ahead of a virtual meeting of an OPEC+ ministerial panel. The unexpected move takes the total volume of cuts by OPEC+ to 3.66 million bpd, equal to 3.7% of......
News

Rising injuries and deaths lead to Paris banning rental e-scooters

omandailynews.com
Paris residents have overwhelmingly voted in favor of a ban on rental electric scooters in the city, with almost 90% of votes cast supporting the move. The referendum was called in response to growing concerns over the safety risks posed by e-scooters. Critics have argued that e-scooters were causing more......
Automotive

Mercedes-Benz launches GLC Coupe with electric off-road capabilities

omandailynews.com
Mercedes-Benz has launched the new GLC Coupe, featuring electric drive technology that offers both on- and off-road capabilities. Equipped with 4MATIC all-wheel drive and rear axle steering, the vehicle is designed for sporty performance and high efficiency. The latest MBUX infotainment system is enhanced with augmented reality for navigation, while......
News

Jordan and Bahrain Kings hold bilateral meeting

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King Abdullah of Jordan and Bahrain’s King Hamad bin Isa Al Khalifa held a high-level meeting to discuss bilateral ties and current international and regional developments. During the meeting, which was held at Al Sakhir Palace and attended by other officials, both leaders expressed their commitment to strengthening their countries’......