The company's shares shoot up 8%.
OpenAI, the company behind ChatGPT, announced Monday it is teaming up with chip giant Broadcom to design and build its...
London, United Kingdom - An Australian man went on trial in London this week over his claims of inventing bitcoin --...Computer scientist Craig Wright, 53, says he is "Satoshi Nakamoto", the pseudonym of bitcoin's creator and author of a white paper that introduced the cryptocurrency to the world
He is being sued by cryptocurrency activists who say he's lied and forged documents in his attempts to pretend he is bitcoin's founder.
Expanded investment and record development sales boosted profit.Aldar reported the highest-ever quarterly development sales of AED 8.5 billion in Q4, with full-year sales hitting a record AED 27.9 billion.
Development revenue backlog doubled to AED 36.8 billion, providing strong income visibility over the next two to three years, Aldar said.
SHANGHAI, CHINA - Young Chinese flocking home for Lunar New Year this weekend have turned to an AI chatbot game to...The new game uses an AI chatbot to simulate the barrage of squirm-inducing questions young people can expect to face.
The annual inquisition as extended families gather for China's biggest festival is a cultural touchstone across the country.
London, United Kingdom -- British bank Barclays said Friday it would stop directly financing its energy clients' new oil and gas...The bank added it would scale back lending for existing fossil fuel projects as the sector faces intense pressure from activist investors to help tackle climate change.
The British lender's move to curb financing of oil and gas projects follows similar announcements from European bank heavyweights BNP Paribas, Credit Agricole, HSBC and ING.
Higher revenues from various segments boosted profit.Allowance for impairment in trade receivables and finance charges (FCs) declined during the same period, Argaam reported.
On a quarterly basis, the telecom operator's third quarter leapt from SAR 47.9 million in Q2 2023/24.
- DUBAI, UAE – DMCC successfully concluded its most recent Made for Trade Live tour of the US, hosting events in...
DMCC sees opportunity for American businesses in Dubai after the success of the latest Economic Policy Dialogue held between the US and UAE
The events saw 100 American executives attend in which speakers advised on the opportunities on offer to American businesses in the UAE
The firm reported a marginal YoY decline in Q4 revenue.Aramex said the revenue growth in International Express was offset by the decline in revenues from other products.
The company posted a 2 percent YoY growth in gross profit for Q4 2023, reaching AED 389 million and remained stable for the full year.
The luxury giant posted a profit of US$4.6bn in 2023.The company will disburse a 4,000-euro bonus to all employees early this year as part of "its policy of sharing the fruits of growth"
Its sales climbed 14.5% in Japan and 12.9% in the rest of the Asia-Pacific region, with the group opening its 33rd store in China
- Vienna, Austria--The OPEC Fund for International Development (OFID) has granted a US$30 million loan to support the development of a...
The construction of the road will provide better, faster and safer transport connections in the central-east region of the country
The Islamic Development Bank (IsDB) along with the government of Uganda will co-finance the road project in the African nation
- The company's profit surged to US$6.8bn last year.
The cosmetics giant in statement said its net profit jumped to $6.8 billion while sales grew 7.6 percent
In North Asia, its sales fell 5.8 percent to $11.52bn, but in South Asia sales jumped 23.2 percent to $3.66bn
