Istanbul, Turkey -- Turkish Airlines announced on Friday a deal to buy up to 225 Boeing jets, one day after...
- A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the...
The tie-up is aimed at helping both firms compete with streaming rivals.The merger was first agreed in 2021, with Zee chief executive Punit Goenka saying that the new outfit would be worth close to $10 billion with annual revenues approaching $2bn.
But closing the deal has been beset by problems, most recently because Sony reportedly does not want Goenka to run the combined entity.
- "International tourism is expected to fully recover pre-pandemic levels in 2024, with initial estimates pointing to 2.0 percent growth above...
Europe, the world's most visited region, also saw a strong performance with tourism reaching 94 percent of its 2019 figures, with African figures reaching 96 percent.
In relative terms, the Asia-Pacific region was the weakest with just 65 percent of pre-pandemic levels, despite China's lifting of health restrictions a year ago
- Amid declining sales and safety concerns, CEO covets more control, seeking solace in SpaceX's success.
Tesla has lost over US$90 billion in market cap, a rough landing in 2024, and a continuation of a slide that could crash the EV maker’s stock value, data from Refinitiv revealed.
There is declining growth in EV production and a wider slowdown in the market that has Tesla investors nervous.
Dubai, UAE--The first edition of the Japan Kyoto Trade Exhibition 2024 is all set to kick off this Monday, 22nd...The event is expected to attract around 20,000 visitors, and more than 100 Japanese exhibitors
The exhibitors will represent a diverse range of industrial sectors, like technology and animation
- Dubai, UAE-- Saudi Arabia's Finance Minister Mohammed Al-Jadaan said the Middle East needs a strong Saudi Arabia to contribute and...
The World Economic Forum meeting in Saudi Arabia will address economic issues, international cooperation and global challenges
The kingdom's finance minister said the region requires a strong Saudi Arabia to contribute and that future outlook looks positive
- In a rapidly evolving digital landscape, 91% UAE business leaders are facing critical challenges in aligning data strategies with their...
In a rapidly evolving digital landscape, 91% UAE business leaders are facing critical challenges in aligning data strategies with their business goals, says a latest report.
Only 44% of UAE businesses are confident in their data's accuracy, leading to increased investment in data training and governance to address these concerns, it adds.
It posted a 31% jump in net profit to US$229.13m in 2023.The bank's operating profits also recorded a 23 percent rise, reaching $554 million for 2023, up from $435 million in 2022
Its board of directors has proposed a 10 percent cash dividend, subject to approval at the upcoming general assembly meeting
- Davos, Switzerland — Saudi Arabia will host a special meeting of the World Economic Forum (WEF) in Riyadh this April, Saudi...
Speaking at the panel 'Saudi Arabia: The Course Ahead', Saudi minister Faisal Al Ibrahim said the event will focus on global collaborations
He underlined Riyadh's emerging role as a hub for various sectors and as a center for global thought leadership.
Paris, France - World oil supply will continue to rise this year, the International Energy Agency said on Thursday, as it...Much of the slowing demand has mirrored falling demand for post-pandemic travel demand in China, which drives much of the world's oil demand growth.
IEA added the world's oil supply will continue to grow due to "record-setting output" from the United States, Brazil, Guyana and Canada.
- Dubai, UAE - Against the backdrop of the World Economic Forum in Davos, Whiteshield announces the release of the Global Labor...
As the world confronts the challenges of global warming and the transition to a sustainable future, the impact on labor markets looms large.
The direct consequences of climate change, including displacement, migration, and fluctuations have become increasingly pervasive.
