Australians younger than 16 will be removed from Facebook and Instagram on December 4, tech giant Meta said Thursday, as...
The company posted tepid Q3 results.
The system demand for power surged to 56.5 TWh in 2023.The fourth quarter revenue was AED 7.1 billion and net profit AED 1.8 billion. The full-year audited results are expected to be released in the first week of March 2024.
DEWA’s annual consolidated revenue increased by 7 percent, mainly driven by an increase in demand for electricity, water and cooling services.
The company is looking to tap into the passion for video games.During the earnings announcement, Disney chief Robert Iger also revealed that the entertainment giant is acquiring a "small equity stake" in Fortnite-maker Epic Games
Disney is looking to tap into the passion for video games in general and "Fortnite" in particular with a $1.5 billion stake in Epic, according to Iger
Group revenue dipped 0.8 percent to 59.6 billion euros.Chief executive Hein Schumacher said in the earnings statement that "competitiveness remains disappointing and overall performance needs to improve" at the group
Schumacher, the former head of Dutch dairy and nutrition firm Royal FrieslandCampina, launched in October an action plan to grow Unilever
Sales retreated 4 percent to 19.57 billion euros.Kerin reported a 17 percent drop in net profit to $3.2 billion
Sales of the Gucci owner retreated four percent to 19.57 billion euros
- The company warned of "uncertainty" due to Houthi attacks.
Maersk said its net profit reached $3.8 billion last year, slightly more than forecast by analysts but down sharply from the $29.2 billion logged in 2022
The group lowered its 2024 forecast for its core profit -- earnings before interest, tax, depreciation and amortization -- to a range of between $1 billion and $6 billion
The company reported $37.3 billion in sales in 2023.Uber booked a net profit of $1.9 billion in 2023, compared with a loss of $9.1 billion in 2022, according to a statement
The company's shares were down slightly in trading on Wednesday, but they have doubled in value in the past year
Despite challenges from regional tensions and fluctuating oil prices, sectors like F&B and pharma see notable increases, showcasing the diverse...Despite challenges from regional tensions and fluctuating oil prices, sectors like F&B and pharma see notable increases, showcasing the diverse impacts on regional markets.
Kuwait led with a 6.6% gain, while declines in Qatar, Saudi Arabia, and Abu Dhabi were balanced by other markets, amid notable drops in energy, materials, and real estate.
- Following the announcement, the firm's shares rise 5% in trading.
In the quarter ending Mar 31, Alibaba posted sales of 260.3 billion yuan ($36.7 billion), up five percent year on year, the firm said -- but below analysts' forecasts.
Based in eastern China's Hangzhou, Alibaba is a key player in the country's digital sector and is considered a barometer of consumer spending in the world's second-largest economy.
- Prague, Czech Republic - Czech farmers have killed about 140,000 birds since the start of the year in a bid to...
The infected birds had the highly pathogenic H5N1 bird flu strain, which is potentially transmissible to humans
The three commercial farms, all in central Czech Republic, have had to cull 50,000 ducks and 90,000 chicken
Dubai, UAE -- The Dubai Land Department (DLD) records an all-time high of 1.6 million transactions worth AED 634 billion...Real estate investments' value grew by 55 percent during the same period, reaching approximately AED 412 billion.
There were 157,798 investments attributed to 113,655 owners, including 71,002 new investors, indicating a 20 percent increase.
