London, United Kingdom -- British clothes-to-food retailer Marks and Spencer on Wednesday said a cyberattack affecting its online service is...
Taipei, Taiwan -- Nvidia boss Jensen Huang announced plans for Taiwan's first "AI supercomputer", as he showcased on Monday the...
Nokia's share price was down seven percent at $4.35.Nokia's earnings per share amounted to six cents, weaker than the seven cents expected in a survey of analysts by financial data firm FactSet.
Despite the mixed results, Nokia remains on track to "deliver another year of growth in 2023," said an official.
Dubai, UAE – Dubai’s real estate sector recorded deals worth AED157 billion ($42.75 billion) in the first quarter of 2023,...Transactions worth AED528 billion were recorded during the year 2022, a 44.7 percent increase in volume and 76.5 percent increase in value compared to 2021.
The number of new investors entering the emirate’s real estate market in Q1 2023 rose to 13,338, a 12 percent growth from Q1 2022
Starship, the most powerful rocket ever built, exploded during its first flight, but Elon Musk congratulated his SpaceX team on...The Starship spacecraft that will eventually carry crew and cargo had been scheduled to separate from the first-stage rocket booster three minutes into the flight.
Despite the failure to complete the full 90-minute flight test and reach orbit, SpaceX and Musk, the founder and CEO of the private space company, declared it a success.
GENEVA, SWITZERLAND - The World Trade Organization (WTO), the World Bank Group (WBG) and the World Economic Forum (WEF) on...The initiative Action on Climate and Trade (ACT) . which starts with a pilot phase, will focus on working with participating developing economies.
ACT will provide participating economies with tailored insights so that they can plan for the impacts of climate change on trade.
- The European Parliament approved the comprehensive rules to regulate the "Wild West" world of cryptocurrencies, hoping to protect investors against...
Under the regulation known as Markets in Crypto Assets (MiCA), cryptoasset service providers (CASPs) must protect customers' digital wallets.
Large providers will also have to disclose their energy consumption as part of the EU's efforts to reduce cryptocurrencies' high carbon footprint.
48% of the bond went to central banks and official institutions.The issue achieved wide primary market distribution with 49 percent placed in Europe, Middle East, and Africa.
The bank plans to raise about $28 billion–$30 billion from the capital markets in 2023.
Dubai, UAE - Dubai International Financial Centre (DIFC), the leading financial centre in the Middle East, Africa and South Asia...The partnership will provide FinTech companies with access to Mastercard's network and DIFC's financial ecosystem
The collaboration will focus on creating new payment solutions and digital services, as well as enhancing existing ones
The warning from the boss of the financial giant follows the dollar having already dropped 10 percent from its peak...The warning from the boss of the financial giant follows the dollar having already dropped 10 percent from its peak hit last year
He warns that there is a transition underway from a bull to a bear cycle for the dollar and that this will impact the global investment environment
Net financing and sukuk investments stood at $65.35bn.DIB's total income rose to AED 4.431 billion ($1.21bn) compared to AED 3.016 billion ($820m), a solid expansion of 47 percent YoY.
Net operating revenues showed a robust 12 percent YoY to reach $750 million, while net operating profit stood at $550 million.
- HSBC's largest stakeholder Ping An says the split will improve business.
HSBC argued this was the best and safest way to continue to deliver substantially more value for shareholders.
The banking giant called on shareholders to vote against the proposal at the bank's annual general meeting on May 5.
