Business
– Microsoft said on Monday it is offering voluntary buyouts to a wide range of employees as it balances a costly artificial intelligence infrastructure build-out with capital efficiency. The new voluntary exit offer covers certain workers in the United States,
– South Korea posted the second-largest current account surplus among major economies in the second quarter, exceeding the combined surpluses of Germany and Japan. The country’s surplus reached $116.63 billion in the April-June period, according to central bank data reported
– Trade between Russia and Oman grew 22-fold in the first seven months of 2026 to reach $1.5 billion, Russian Security Council Secretary Sergei Shoigu said. He gave the figures on Tuesday, October 20, during a meeting in Moscow with
– Japan recorded a trade deficit of 536.6 billion yen in September as imports grew faster than exports, preliminary data from the Ministry of Finance showed. Exports rose 16.7% from a year earlier to 10.9723 trillion yen. Imports climbed 18.9%
Travel
– Air Arabia will resume daily nonstop flights between Ras Al Khaimah and Kozhikode, India, on October 16, 2026. The service will restore a direct air link between the UAE emirate and the coastal city in Kerala. The airline announced
– Dubai-based airline flydubai is participating in the inaugural Syria Travel Show taking place in Damascus from 28th to 30th September 2026. The three-day exhibition, held under the patronage of the Syrian Ministry of Tourism, brings together regional aviation executives,
Dubai-based flag carrier Emirates has entered the northern winter travel period with robust forward booking metrics across its international network, outpacing initial corporate projections. The performance follows a high-density summer operational cycle during which the airline transported more than 8.6
Etihad Airways will launch year-round flights from Abu Dhabi to Saudi Arabia’s Red Sea coast on Oct. 4, 2026. The service will connect Zayed International Airport with Red Sea International Airport in Tabuk Province. Etihad will start with one weekly