Bloomberg Wire

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Saudi Arabia seeks new study on The Line's feasibility

Saudi officials say this practice is common for large-scale, multi-year projects

The design for the 500-metre tall parallel structures, known collectively as The Line, in the heart of the Red Sea megacity Neom. The futuristic megacity in Saudi Arabia will feature two massive, mirror-encased skyscrapers that extend over 170 kilometres of desert and mountain terrain, ultimately housing nine million people.

NBA to explore expansion for first time in 20 years

NBA team values have boomed in recent years, making adding teams even more lucrative

The NBA last expanded in 2004 when a franchise in Charlotte, North Carolina, now called the Hornets, started play.

Apple to buy rare earths worth $500m from US producer

Two companies will also work together to establish a rare earth recycling line

Inside The Mountain Pass Mine As Rare Earths Face Trade War Threats

US, India in talks on deal to cut tariff below 20%

New Delhi is seeking to secure a deal on more favorable terms

Prime Minister Narendra Modi and President Donald Trump shake hands in Houston in 2019.

Indonesia: 9 suspects in $17B Pertamina graft case

8 suspects arrested, with one still at large and believed to be in Singapore

A view Jakarta.

Nvidia makes history, hits $4 trillion market value

Nvidia's stock is up more than 1,000 percent since the beginning of 2023.

Nvidia CEO Jensen Huang.

Macron pushes starmer to recognise Palestine on UK trip

Macron made the pointed appeal in a speech to British peers and Members of Parliament

Britain's Prime Minister Keir Starmer and his wife Victoria Starmer welcome France's President Emmanuel Macron and his wife Brigitte Macron upon their arrival for lunch and bilateral meetings at 10 Downing Street in London, on July 9, 2025, on the second day of a three-day state visit to Britain.

Air India's crash report set to be released this week

Authorities plan to release a final report within 12 months

The crash site of Air India Flight 171 in Ahmedabad, India, on June 13.

Wimbledon's VIP seats now flip for 6-figure profits

Resale prices for Wimbledon’s VIP seats now top £200,000 as investors join the action

Wimbledon's Centre Court.

Heathrow power outage caused by known bushing issue

Issue seen causing 'imminent fault' as far back as 2018, no preventative steps taken

Smoke from a fire at North Hyde Electricity Substation near Heathrow Airport in March.

Ninja becomes Saudi Arabia's newest unicorn

Funding round values the three-year-old company at about $1.5 billion

In pursuing an IPO, Ninja would join other tech companies planning to list on the Riyadh stock exchange.

Boeing to replace CFO with former Lockheed finance head

West will remain an adviser to Chief Executive Officer Kelly Ortberg

Brian West is leaving the post in mid-August and will be succeeded by former Lockheed Martin Corp. executive Jesus “Jay” Malave.

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