This is a 30% YoY increase over Q1 2025.
Muscat, Oman -- The general inflation rate in the GCC countries rose by 1.7 percent at the end of December...
Paris, France--Sales of new cars jumped last month in Europe, surpassing the level of one million for the first time since...Italy posted 40.7 percent jump in car sales while Spain recorded 66.1 percent increase as sales rose in all EU nations
German carmaker Volkswagen reported high sales, with the group selling 275,753 vehicles across its various brands
Vienna, Austria - The OPEC Fund for International Development (the OPEC Fund) and the United Nations Industrial Development Organisation (UNIDO)...They also signed a US$1.5 million technical assistance grant agreement in support of the National Clean Cooking Transition Programme in Madagascar
We look forward to collaborating with UNIDO to help deliver the Sustainable Development Goals, said OPEC Fund Director-General Dr Abdulhamid Alkhalifa
The US airline posted a quarterly loss of US$194mn.United Airlines said that its results were hit by higher costs, especially on salaries and for jet fuel
But the US carrier expects a rebound in demand for tickets in the coming summer months
Baghdad, Iraq--Iraqi police arrested overnight almost 200 people in raids on illegal casinos where alcohol was served in defiance of the...According to the interior ministry spokesman, the raids targeted four locations in Baghdad where games of blackjack and roulette were underway
In Muslim-majority Iraq public consumption of alcohol is frowned upon, although beverages can be readily purchased from liquor stores
- Speaking at a meeting in Florida, the controversial billionaire outlined new rules, first announced Monday, to limit the reach of...
Under the new policy, unveiled in a blog post titled "Freedom of Speech, Not Reach," Twitter will soon begin tagging posts whose visibility has been limited
According to analyst at market research firm Insider Intelligence, Twitter's revenue is set to drop 28 percent this year, because advertisers don't trust Musk
The bank's shares dropped 3.7% to $327 in pre-market trading.The big investment bank pointed to a "significant decline in industry-wide completed mergers and acquisitions transactions".
Net income came in at $3.1 billion, down 19 percent from the year-ago period on a five percent drop in revenues to $12.2 billion
The new venture will be launched in 2024.Electric Vehicles now make up one out of four car sales in China, the world's largest car market. Local brands command 81 percent of the EV market in China.
Executive Ralf Brandstaetter said the move was a key step of the group's "in China, for China" strategy.
- BRUSSELS, BELGIUM - Environmental groups lodged a lawsuit against the European Commission on Tuesday to challenge its definition of natural gas...
The lawsuit over gas was launched by WWF, ClientEarth, Transport&Environment and the German NGO BUND.
Greenpeace, sued the EU executive separately for deciding that nuclear energy was worthy of its sustainable investment label.
The bank said its total operating income grew by 5% in Q1.Provision charges have reduced by 91% in Q1 compared to Q1 2022 as the "bank improved its portfolio underwriting in higher quality assets and achieved higher recoveries".
Its capital base increased by $150 million through the issuance of AT1 capital instrument which has raised the bank’s capital adequacy ratio to 19.3%.
- Move after GSK demerged its consumer healthcare unit.
GSK has agreed to buy Quebec-based biopharmaceutical Bellus Health Inc. for $14.75 per share, the British drugmaker said in a statement.
Chronic cough is defined as a persistent cough that lasts more than eight weeks and affects an estimated 28 million people worldwide.
