Business
Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue 710 million new ordinary shares at HK$112.70 each. The deal is worth about US$10.2 billion at current exchange rates. Alibaba expects the transaction to close on Aug. 26, subject to customary conditions.
Technology
Travel
The route will give Gothenburg its first direct air connection with the United Arab Emirates. It will also create the city’s first nonstop link to the Middle East and Asia. Passengers from western Sweden can connect through Abu Dhabi to destinations across India and Asia. The new service also provides direct access to Abu Dhabi for travelers departing from the Gothenburg region. Göteborg Landvetter Airport serves Gothenburg and the wider western Sweden market.
Sports
ARLINGTON, TEXAS / MENA Newswire / – Spain reached the FIFA World Cup quarter-finals with a 1-0 win over Portugal on Monday, as Mikel Merino scored in the 91st minute at Dallas Stadium. The substitute took a pass from Ferran Torres and…
EAST RUTHERFORD, NEW JERSEY / MENA Newswire / – Norway reached the FIFA World Cup quarterfinals for the first time after beating Brazil 2-1 in the Round of 16 on Sunday. Erling Haaland scored twice late at New York New Jersey Stadium.…
LOS ANGELES / MENA Newswire / – Spain moved into the FIFA World Cup 2026 Round of 16 with a 3-0 win over Austria on Thursday at Los Angeles Stadium. Mikel Oyarzabal scored twice, and Pedro Porro added the other goal. The…
MEXICO CITY / MENA Newswire / – Mexico advanced to the FIFA World Cup Round of 16 on Tuesday. The co-host beat Ecuador 2-0 at Mexico City Stadium. Julián Quiñones scored in the 22nd minute. Raúl Jiménez added the second goal nine…
EAST RUTHERFORD, NEW JERSEY / MENA Newswire / – Erling Haaland scored twice as Norway beat Senegal 3-2 on Monday. The win at New York/New Jersey Stadium moved Norway into the FIFA World Cup 2026 Round of 32 after two group matches.…
HOUSTON, TEXAS / MENA Newswire / – Portugal turned a clear ranking gap into a straightforward 5-0 win over Uzbekistan in FIFA World Cup 2026 Group K at Houston Stadium. Portugal entered the match ranked fifth by FIFA, while Uzbekistan stood 50th…
ARLINGTON, TEXAS / MENA Newswire / – Lionel Messi turned another World Cup night into a record-setting stage as Argentina beat Austria 2-0 in Group J on Monday, with the 38-year-old captain scoring both goals at Dallas Stadium. Messi struck in the…