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Ford Factory
June 30th, 2026 - 09:43 GMT
P. Choiaqo

P. Choiaqo

Ford re-hires fired engineers after AI fails to meet expectations

ALBAWABA - Ford, trying to cut costs as companies do, has bought into the AI buzz and subsequently decided to fire their top safety and quality engineers after deciding that AI can do their job. Turns out, it can’t. Ford, whose boss Jim Farley said: “AI will leave a lot of white collar people behind,” has now rehired those white collar people after AI wasn’t what it was cracked up ...
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Sterling at one point plunged to $1.1959 on Tuesday -- its weakest level since 1985 except for a 2016 "flash crash"
September 5th, 2019 - 04:59 GMT

British Pound Edges up as Election Looms, Asia Markets Recover

The Lebanese bank sanctioned by the U.S. Treasury Thursday has denied “each and every allegation” related to its alleged funding of Hezbollah.
September 4th, 2019 - 01:00 GMT

US Has No Intention to Sanction More Lebanese Banks

The rupee has lost nearly 1.3 per cent against dirham in the past one week when it was trading at 19.44 on August 27
September 4th, 2019 - 12:30 GMT

Indian Rupee Hits 9-Month Low vs US Dollar

The country’s overall population is at 41.7 million.
September 4th, 2019 - 12:00 GMT

Sudan’s Unemployment Rate Rises to 8 Million Over 7 Years

On Brexit, the diplomat said the UK will remain committed to Bahrain and other Gulf countries.
September 4th, 2019 - 11:30 GMT

Bahrain-UK Bilateral Trade Hits £1.1 Billion

The UAE's economic growth will pick up to 2.6 per cent by 2020 from 1.7 per cent in 2018 in part due to increased economic activity associated with the Expo.
September 4th, 2019 - 11:00 GMT

Dubai's Economy to Grow at 2.5 Percent Annually Over the Next 4 Years

Qatar’s economy is open and welcomes all foreign investments.
September 4th, 2019 - 10:00 GMT

Qatar-China Trade Volume Soars 30 Percent to $13.5 Billion in 2018

Moody’s believes that Saudi Arabia will drive global sukuk issuance in 2019.
September 4th, 2019 - 09:30 GMT

Saudi Economy Relatively Stable Despite Global Challenges

The Middle East experienced a 7.9% fall in billionaire numbers
September 4th, 2019 - 09:00 GMT

Billionaire Population in Middle East Declines by 5.4 Percent

The sanctions designated for the first time against Iran’s civilian space agency was announced by the State and Treasury departments.
September 4th, 2019 - 08:30 GMT

US Imposes New Sanctions on Iran’s Space Program

Aramco plans to tell banks later this week or early next week whether they got a role on the offering, the people said.
September 4th, 2019 - 08:00 GMT

Saudi Aramco to Select Underwriters for Its IPO This Week

The Turkish lira traded at 5.7745 against the US dollar at 1024 GMT, its strongest in a week, up from 5.8170 before the data.
September 4th, 2019 - 07:00 GMT

Turkish Inflation Slips to 15.01 Percent in August

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