The $10.55 bn sale includes portions of digital aviation solutions business.
- Paris, France -- Global tax plans targeting billionaires and multinational companies are running aground, with the United States torpedoing reforms...
The country managed to restrict inflation to 6 percent and sustain jobs despite challenges, the North African nation's Industry and...The country managed to restrict inflation to 6 percent and sustain jobs despite challenges, the North African nation's Industry and Trade Minister Ryad Mezzour tells TRENDS.
Moroccan automotive industry produced 700,00 cars in 2022 and we expect the production to hit 1 million in the next three years, adds Mezzour during the interview
Crypto companies were taking out TV adverts, sponsoring sports teams and touting their technology as world-changing as they sought new...PeckShield pointed out the hack to British lender Euler on Twitter, posting details of transactions it said showed losses of $197 million
The hack on Euler is the most substantial this year, according to crypto critic Molly White, who chronicles hacks on her blog Web3 is Going Just Great
- Volkswagen is also setting up a series of battery plants in Europe - one will open in 2023 in Sweden,...
The group's first North American battery factory will be located in St. Thomas, Ontario where production will start in 2027
Under its different brands, Volkswagen plans to introduce more than 25 different new electric models by 2030 in US
Riyadh, Saudi Arabia--Saudi Arabia and South Korea have signed multiple memorandum of understandings aimed at supporting SMEs, along with enabling...The two minister discussed ways to attract South Korean SMEs to the kingdom as they examined potential investment cooperation opportunities
The Korean minister said improved ties with Saudi Arabia would encourage businesses in South Korea to tap into the global market
The expansion of infrastructure investment and medical insurance coverage will continue to drive premiums in 2023, albeit at a slower...The expansion of infrastructure investment and medical insurance coverage will continue to drive premiums in 2023, albeit at a slower pace than in 2022, reports suggest
Strong premium growth, relatively modest earnings, and high costs to meet new accounting standards and other regulatory demands will erode capital and solvency buffers
- The bank has lost 81% of its value since Greensill bankruptcy.
Shares in Switzerland's second largest bank plunged quickly by 14.3 percent to reach 2.139 Swiss francs.
Despite a huge restructuring effort, the value of Credit Suisse has dropped repeatedly on the stock market.
Brussels, Belgium - The European Union must urgently lower energy prices and ease regulations to stop industry fleeing the continent, European...The EU is racing to make Europe more attractive for the companies that could be tempted by massive US and Chinese subsidies and lower energy costs.
German chemical giant BASF said in February it would close several units in Germany because of high energy prices affecting competitivity in Europe.
The 2022 Corruption Perception Index says corruption is undermining democratic processes and fueling violence in the Middle East and North...The CPI ranks180 countries and territories around the world by their perceived levels of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean).
With a score of 90 and 87 respectively, Denmark and Finland top the CPI, while Somalia and Syria hit rock bottom with a score of 13 and 12 respectively.
- Russia has agreed to extend the Ukraine grain export deal following talks with the United Nations - but only for...
The grain export deal has helped ease the global food crisis triggered by Russia's full-scale invasion of Ukraine in February 2022.
The invasion saw Ukraine's Black Sea ports blocked by warships until a deal signed in July allowed for the safe passage of exports of critical grain supplies.
The company has paid a total of $975m in dividends for 2022.The final dividend will be distributed to shareholders in April 2023, and the company has committed to paying $1.3 billion in dividends for 2023.
Borouge reported an increase of 8.2 percent in revenues to $6.7 billion and net profit for the year was $1.4 billion in 2022.
