The tech giant has announced it will no longer build a headquarters in the American city of New York.
Amazon said the move would have created over 25,000 jobs but the plan also faced substantial opposition from parts of the city's population.
William Denselow reports from New York:
IMF praises UAE economy's resilience, proactive readiness
An International Monetary Fund (IMF) team has concluded a ten-day visit to the UAE, holding talks with officials on the country's economic performance, financial outlook and policy priorities.
Apple unseats Nvidia to become world's most valuable company
Apple overtook Nvidia on Friday to become the world's most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence.
Indian court orders Maruti to replace car in first E20 fuel damage ruling
In a ruling that could expose automakers to greater liability over India's ethanol-blended fuel policy, a consumer court has ordered Maruti Suzuki to provide a new car to a customer who alleged mandatory E20 fuel damaged his vehicle.
Irish airline Aer Lingus plans 500 job cuts as fuel prices soar
Irish airline Aer Lingus could cut up to 500 jobs as part of a reorganisation, it said, citing high costs and a challenging economic environment as the sector grapples with surging oil prices due mainly to the US-Iran war.
Parkin expands into Sharjah's Aljada with partnership with Arada
Starting today, Parkin has expanded its smart paid parking services to Sharjah's Aljada following a five-year partnership with developer Arada.
The UAE marks Union Pledge Day on July 18, commemorating the Founding Fathers' signing of the Declaration of the Union and the Constitution in 1971— an historic milestone that launched a journey of development and progress.
After Dubai Media Office confirmed that a Reuters report about explosions in Downtown area is false, the news agency issued a statement admitting it "regrets" publishing the story as it "did not meet its standards".
Abu Dhabi's Department of Municipalities and Transport has launched a major upgrade of the E20 highway to improve traffic flow and meet growing transport demand.
