This is a blow to Germany's ailing car sector.
- Paris, France -- AI companies have sucked up the world's entire music catalogue and are guilty of "willful, commercial-scale copyright...
DUBAI, UAE – Emirates will hire 5,000 people as it awaits the arrival of its fleet of Airbus A350s. The airline...The airline is inviting fresh graduates with internships or part-time jobs on their résumés.
It is inviting individuals keen to embark on an exciting career travelling the globe. .
Zurich, Switzerland - A French television star and a group of investors are demanding 280 million Swiss francs ($330 million) from...A French television show host Jacques Essebag, who goes by the name Arthur, is leading the suit against the Nestle subsidiary
Nespresso, when contacted by AFP, acknowledged the lawsuit filed by ECC but said it did not comment on ongoing legal proceedings
- Paris, France - Counterfeit products -- mainly clothes -- cost the European economy 16 billion euros a year and result in...
The findings, based on data from 2018 to 2021, show that fakes take the biggest toll on the clothing sector, costing 12 billion euros ($13.1 billion) annually
The bulk of the counterfeiting occurred in just five EU members, with Germany, France, Italy, Spain and Austria accounting for half the yearly losses
While inflation is on a general downward path, there is a worry that it could pop back up anytime, particularly...Equities soared at the end of 2023 as falling inflation saw the Fed indicate that it was preparing to reverse more than a year of hikes to US interest rates
However, January has seen the wind come out of the sails with Fed officials saying they were keen to keep rates elevated for some time
- Revenues rose seven percent to $11.3 billion.
In the fourth quarter, Goldman Sachs' revenues from equity trading surged 26 percent, while the bank's own holdings in public equities also enjoyed a hefty increase.
Rival financial heavyweight Morgan Stanley reported a 35 percent drop in profits to $1.4 billion on a one percent rise in revenues to $12.9 billion.
Dubai, UAE -- The total number of US$10 million plus home sales in Dubai grew by 92.4 percent to 431...The total value of sales above this price point grew by 91 percent last year to US$7.6 billion, 28 percent of which was achieved in Q4 alone.
The Palm Jumeirah remains at the epicenter for luxury home sales in Dubai, according to Knight Frank.
The contract was awarded by Dubai Roads and Transport Authority.The contract is valued at AED 522.84 million ($142.34 million). Its duration is 10 years and five months, including a preparation period of up to 31 days.
The billboards include 85 digital billboards and 209 static billboards of different types and sizes, with the ability to transform the static billboards into digital billboards.
The 2023 annual net profit rose 14 percent from 2022.The customer deposits increased from US$3.3 billion in 2022 to US$3.4 billion in 2023.
The capital adequacy ratio increased from 14.4 percent in 2022 to 15.2 percent in 2023.
Dubai, UAE--The Dubai Electricity and Water Authority (DEWA) has laid over 364 kilometres of fibre optic (FO) ducts across different...With the laying of new ducts, the total length has increased to 3,998 kilometres, a 10% increase compared to 2022
The installation has boosted infrastructure and smart grid, ensuring the availability of round-the-clock services
- Riyadh, Saudi Arabia - Iran wants to elevate the levels of trade and investment exchanges with Saudi Arabia to the...
The remarks assume significance in light of the absence of trade exchanges between the two countries, despite the significant scale of their foreign trade
In 2022, Saudi Arabia's foreign trade reached approximately $601.1 billion, while Iran's trade volume amounted to about $132.6 billion
