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’Smart speakers’ are angling to colonize your living room

  • NEW YORK: Does your home really need a “smart speaker” that can answer questions, call you an Uber, turn off the lights or play music when you ask? You may be about to find out.Two years ago, Amazon introduced the Amazon Echo, an unassuming, $180 cylinder that sits atop a kitchen counter or...

‘Send my bags to the resort please’: Welcome to TRSDC’s new airport

  • Flight testing held on July 20-21 at the Red Sea International Airport, which is under construction at The Red Sea Project, marks the beginning of a new era of tourism and travel in the Kingdom. With over five hours’ drive from the nearest existing major international airports of Jeddah ...

‘Helicopter money’ policies in spotlight

  • LONDON: Wednesday night may have marked the “emperor’s new clothes” moment of the Great Recession, in which the world suddenly realizes its rulers are suffering from a delusion that doesn’t have to be humored. That delusion today is economic fatalism: the idea that nothing...

‘Electric Hummer’ to help GM’s move into EV trucks

  • General Motors (GM) plans to build a new family of premium electric pickup trucks and sport-utility vehicles at its Detroit-Hamtramck plant beginning in late 2021, possibly reviving the imposing Hummer brand on some of them, several people familiar with the plans said. The so-called BT1 elect...

​​China In-Focus — Asian giant’s stocks rebound; Lockdown raise earnings risk for chip firms

  • BEIJING: China stocks rebounded sharply from two-year lows on Wednesday, buoyed by hopes that the country would prioritize economic growth and fine-tune its draconian anti-virus policies. The blue-chip CSI300 index jumped 2.9 percent to 3,895.54, after touching its lowest since April 202...

Xiaomi’s Redmi 10 series caters to digitally savvy Saudis

  • Smartphone company Xiaomi has responded to the digital transformation of the Kingdom by launching its most technologically advanced line of phones to date.  The Xiaomi Redmi 10 series — featuring the Redmi 10 2022, Redmi 10A, and Redmi 10C smartphones — has been specifically designed to ...

Xiaomi launches 12T Series in the Saudi Market

  • Xiaomi, the leading smartphone company, hosted a special event recently in Riyadh to celebrate the launch of a new range of innovative products. Attended by a selection of Xiaomi representatives, local media, and tech influencers, the event introduced a suite of state-of-the-art smartphones t...

Xiamen Airlines orders 40 Boeing 737-800s for $3.5 bn

  • NEW YORK: US planemaker Boeing said Friday that Xiamen Airlines, a unit of China Southern Airlines, had agreed to purchase 40 next-generation 737-800s — an order valued at $3.5 billion at list prices.The deal requires Chinese regulatory approval, Boeing said in a statement, adding that it would...

WTO says goods trade surging past pre-pandemic level; raises forecasts

  • A resurgence of global economic activity has lifted merchandise trade above its pre-pandemic peak, the World Trade Organization said Monday as it upgraded its 2021 and 2022 trade forecasts. "The WTO is now predicting global merchandise trade volume growth of 10.8 percent in 2021 - up f...

World’s newest airliner begins first commercial flight

  • DOHA, Qatar: The world’s newest jetliner, the Airbus A350, took to the skies Thursday carrying its first paying passengers from the Gulf Arab nation of Qatar.The Qatar Airways flight departed the Qatari capital Doha bound for Frankfurt, Germany. It marks the debut of the relatively lightweight,...