Beijing, China -- Chinese electric vehicle maker Xiaomi received almost 300,000 pre-orders within an hour for its first sport utility...
US stocks edged higher while European markets retreated and Asian equities were mixed, with markets keeping a close eye on...
The company's revenue grew by 29 percent year on year.The Group's total assets were AED 127.9 billion and cash position strong with AED 17.6 billion.
Alpha Dhabi joint venture with Mubadala Investment Company aims to co-invest in credit opportunities.
From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in...Before it, the US giant ExxonMobil saw its second-quarter profits tumble 56 percent to $7.9 billion, while rival Chevron saw a similar fall to $6 billion.
Shell saw a 64 percent drop in net earnings to $3.1 billion, while TotalEnergies fared better with just a 28 percent slide to $4.1 billion.
Rise was driven by a jump in insurance revenue.The corresponding figure in the same period last year - H1 2022- was US$79.8 million.
The company reported a jump of US$74.9 million YoY in insurance services results.
Royal Mail said the drone service expected to improve service levels and delivery times to Graemsay and Hoy, where weather...Royal Mail, which is partnering with Skyports Drone Services, said the use of drones would also improve safety by ensuring postal workers can deliver between ports without risks.
The world's first drone delivery service was launched in Reykjavik in 2017, with people in the Icelandic capital able to receive goods direct at their doors via an AFV.
- The drop was even higher (79 percent) in the second quarter.
The company attributed the H1 drop in profit to a decrease in average selling prices of company's products by 47 percent and a drop in sales volumes by 2 percent.
The company's net profit dropped by 33.6 percent in Q2, from SAR 980.6 million in Q1 2023, as average selling prices fell by 18 percent.
Revenue jumped $12.3 billion to $36.9 billion.The massive jump from $8.8 billion from the first half of 2022 came as central banks around the world have ramped up borrowing costs to fight inflation
The firm also said second-quarter earnings came in better than forecast, jumping almost 90 percent to $8.8 billion, thanks to the bumper income from surging interest rates
- The automaker's profit surged 78 percent to US$9.1 billion.
Toyota said net profit in the three months to June was $9.1 billion on sales of 10.55 trillion yen, up 24.2 percent from a year
The company also maintained its annual targets, including net profit of 2.58 trillion yen and sales of 38 trillion yen
Despite the drop, BP hiked dividend.Profit after tax plunged to $1.8 billion in the three months to the end of June compared with $9.3 billion in the second quarter last year, BP said in a statement
Oil prices have tumbled, partly on fears of falling demand as the global economy slows, with major consumer China's post-Covid recovery stumbling
Fabinho, the Brazil midfielder, will join Karim Benzema and N'Golo Kante at Al-Ittihad, one of four Saudi clubs controlled by...He joined Liverpool from Monaco in 2018, winning the Champions League, Premier League, FA Cup, League Cup and Club World Cup
Fabinho's departure comes after Liverpool captain Jordan Henderson decided to move to Saudi Arabia to play for Al-Ettifaq
The X, installed on the roof of the company's downtown office last week, was part of owner Elon Musk's bid...San Francisco's Department of Building Inspection and City Planning received 24 complaints about the sign
The owner of the property where X is renting offices will have to pay the cost of permits to install and remove the sign
