By Yonnex Li ( May 7, 2026, 07:40 GMT | Insight) — Hong Kong lawmakers have passed a non-binding motion urging the government to accelerate AI adoption across all industries to align with China’s national strategy. Secretary for Innovation, Technology and Industry Sun Dong pledged government support through research subsidies and expanded computing facilities, while acknowledging workforce challenges and promising to address AI’s impact on employment.Hong Kong lawmakers urged the government to accelerate artificial intelligence adoption across industries during a Legislative Council debate, even as concerns emerged about job displacement and the need for stronger regulatory safeguards…. Prepare for tomorrow’s regulatory…
Author: Isla
Emirates Group has surprised employees with a 20-week salary bonus on the back of record profits, far exceeding the 13-week payout initially linked to performance targets.In a deeply emotional message to its employees, seen by Khaleej Times, Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, expressed his gratitude.“March 2026 will fade into memory, but we will never forget your bravery and incredible resilience,” he noted. “You were called upon during one of the most complex and challenging times in our history, and you showed up with commitment and passion. For that, I will…
Croatia Airlines will cancel around 900 flights over the next three months, representing roughly 5% of its planned 27.000 operations due to the sharp surge in jet fuel prices triggered by the conflict in the Middle East. This is despite the carrier continuing to see strong demand, reflected in its growing passenger numbers. Speaking to the “RTL Croatia” network, Croatia Airlines’ Chief Commercial Officer. Slaven Žabo, said, “The unfavourable geopolitical situation has had a negative impact on fuel prices. Jet fuel prices have doubled since the outbreak of the crisis and have risen more sharply than crude oil prices. Current…
Mücahithan Avcıoğlu07 May 2026•Update: 07 May 2026British energy major Shell reported stronger-than-expected first-quarter earnings on Thursday, as the Iran war pushed oil and gas prices sharply higher and disrupted global energy markets.The London-listed company posted adjusted earnings of $6.92 billion in the first quarter, above analysts’ expectations.A company-provided analyst forecast had projected Shell’s first-quarter profit at $6.36 billion.The figure also marked an increase from $5.58 billion in the same period last year and $3.26 billion in the fourth quarter of 2025.“Shell delivered strong results enabled by our relentless focus on operational performance in a quarter marked by unprecedented disruption in…
Chinese Foreign Ministry spokesperson Lin Jian at the press conference on March 24, 2026 “Regarding Foreign Minister Wang Yi’s meeting with US Senator Steve Daines, we will issue a readout. Please stay tuned,” Chinese Foreign Ministry spokesperson Lin Jian said on Thursday, when asked about whether China had put forward any proposals on how the US and Iran could reach a lasting peace agreement during the meeting, whether China advocated for Iran’s legitimate right to the peaceful use of nuclear energy, whether China urged the US to withdraw its warships from the Strait of Hormuz, and what expectations China has…
Luanda, May 6, 2026 (Lusa) – The National Bank of Angola (BNA) has sold $105 million (€90 million) in foreign currency to airlines since the start of 2026 to settle outstanding sector operations, the central bank statement said.The BNA said operations during 2026 totalled just over $105.4 million (about €90 million). April saw a particular spike, with the bank selling almost $94.5 million (around €80.6 million), covering all pending operations the commercial banks reported for the sector.The regulator said these sales had an “exceptional character” aimed at ensuring the smooth running of airline operations, with a direct impact on international…
Platinum Biologics highlights stronger compliance standards, responsible innovation, and leadership in the evolving biotech regulatory landscape across emerging biotech markets. ORLANDO, FL / ACCESS Newswire / May 7, 2026 / Platinum Biologics is becoming more well-known for its Regulatory Compliance requirements because they are becoming increasingly important to the biotechnology industry as biopharmaceuticals continue to receive increasing scrutiny regarding the quality of their manufacturing operations and the nature of their documentation and traceability for product. Additionally, Platinum Biologics is continuing to develop improved regulatory compliance within biotechnology through improvement of standards, increased internal review, and strong affiliation with established compliance…
Source: The Peninsula Qatar The United Arab Emirates and Qatar have signed a series of agreements and memorandums of understanding covering key sectors, including the economy and development, according to a joint statement. The statement was released following the Joint Supreme Committee for Cooperation meeting held in Abu Dhabi, News.Az reports, citing Anadolu. The high-level session was co-chaired by Qatar’s Prime Minister Mohammed bin Abdulrahman Al Thani and UAE Foreign Minister Abdullah bin Zayed Al Nahyan. According to the statement, both sides confirmed that bilateral relations are continuing to advance, describing them as being “grounded in shared political will” and…
GIC and BlackRock-managed funds anchor a fresh round that more than doubles the company’s 2023 valuation. The round is timed to the planned orbital launch of Vikram-1 from Sriharikota, the first private Indian rocket to attempt the milestone. Skyroot Aerospace, the Hyderabad-based private launch-vehicle developer, has crossed into unicorn territory with a fresh round backed by GIC and BlackRock-managed funds, Bloomberg reported on Wednesday. The deal makes Skyroot India’s first space-technology company to reach a $1bn-plus valuation, the kind of milestone the country’s still-nascent private space sector has been working toward since regulatory liberalisation in 2020. The trajectory is striking.…
KUALA LUMPUR, May 7 — The government is considering a new law that would legally obligate children to care for their ageing parents, Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi said today.Speaking to reporters after launching the National Social Policy Action Plan 2026-2030, Zahid said the proposed legislation aims to introduce a legal framework placing clearer emphasis on filial responsibility.“The proposed law will focus on the responsibility of children in caring for their parents,” he said.“Several countries have already implemented similar legislation, but Malaysia is still at the stage of discussion and review.”Zahid has instructed the Ministry of Women,…