Global LNG demand to rise more than 50 percent by 2040: Shell
"Demand for natural gas has already peaked in some regions but continues to rise globally, with LNG demand expected to...Business
Boeing expects Q1 hit from MAX troubles
The airline backs intensified oversight from the FAA.Business
Al Seer Marine orders 4 new tankers
South Korea's K Shipbuilding will deliver the tankers in 2024.K Shipbuilding will construct the medium-range (MR) IMO II/III product tankers at Jinhae Shipyard.
With these four tankers, Al Seer Marine fleet now totals 12 vessels as the company prepares to transport the transition fuels like methanol.
Google agrees to pay US$392m in a privacy settlement
A statement said it was the largest multi-state privacy settlement by state authorities in US history and included a binding...A joint lawsuit by 40 states grew from impatience over the failure of federal authorities to crack down on big tech amid legislative gridlock in Washington
Since 2018, the US tech giants have faced strict rules in Europe, with Google, Amazon and others subjected to hefty fines over privacy violations
Amazon to layoff 10,000 employees: report
The layoffs would follow an aggressive hiring spree. With business booming due to the coronavirus pandemic, as cooped up people...This represents a little less than one percent of the group's total payroll, which had 1.54 million employees worldwide at the end of September
It doesn't include seasonal workers who are recruited during periods of increased activity like the Christmas holidays
Twitter prank focuses unexpected spotlight on insulin prices
The backlash against Eli Lilly showcased the real-life potential of online disinformation to trigger chaos and financial loss. The company's...Eli Lilly stock price tumbled after a parody account stamped with a verification tag purchased for $8 tweeted that insulin was being made available for free
The prank sparked panic inside Eli Lilly, with officials scrambling to contact Twitter representatives to take it down, but the platform did not react for hours
UAE urges global efforts for trade at B20 Summit in Indonesia
BALI, INDONESIA - Speaking at the B20 Summit in Bali, Indonesia, Minister of State for Foreign Trade Dr. Thani bin...The UAE is working to help the global economy overcome current and future challenges.
The economy of the future will be based on knowledge and innovation.
Jeff Bezos to donate most of $124 billion fortune to charity
Amazon founder Jeff Bezos for the first time said he will give away most of his $124 billion fortune to...In a CNN interview released on Monday, Bezos said he and his partner Lauren Sanchez were "building the capacity to be able to give away this money."
Asked whether he intended to donate most of his wealth within his lifetime, the 58-year-old Bezos said: "Yeah, I do."
Emaar 9M revenue at US$5.1bn
Robust property sales helped firm enhance revenue.Emaar said that EBITDA in 9M 2022 increased by 47 percent to US$ 2.3 billion
The property giant said net profit in 9M 2022 increased by 124 percent to US$ 1.6billion.
ADNOC Drilling 9M net profit $568m
Onshore revenue for the period was $1.074 bn, up 25% YoY.The third quarter revenue was $372 million, up 33 percent year-on-year.
Offshore revenue for the nine-month period was $431 million, broadly flat versus the prior year.
UN chief hopeful Russia will extend grain deal
United Nations Secretary-General Antonio Guterres hoped Russia would extend the deal that gives safe passage to Ukrainian grain shipments. The...Russia has said it had yet to decide whether to extend the grain deal beyond November 19, the original date in the agreement.
Both Ukraine and Russia are one of the world's top grain producers.
UAE capital records real estate deals worth $5.72 billion in third quarter
Abu Dhabi, UAE--- Abu Dhabi's real estate market recorded a total of 4,441 transactions amounting to over AED 21.04 billion...Department of Municipalities and Transport said the emirate recorded 1,995 real estate sales worth AED 5.39 billion, and 2,446 mortgage transactions worth AED 15.64 billion.
Yas Island topped the list logging transactions worth AED 1 billion, while Al Saadiyat Island coming in second with transactions worth AED 929 million.
