Vodafone Q3 revenue dips
Poor display across Italy, Spain is said to be the reason for loss.Company News Business
Total M&A market drops to US$3.2trn in 2023, says report
DUBAI, UAE - The total M&A market dropped 15 percent, to US$3.2 trillion, the lowest level in a decade, as...Business Economy
End of the road for New York’s horse-drawn carriages?
Opponents say the horses live in cramped conditions, are often malnourished and dehydrated, get spooked by cars en route to...Opponents say the horses live in cramped conditions, are often malnourished and dehydrated, get spooked by cars en route to the park
On Instagram, supermodel Bella Hadid urged lawmakers to pass Holden's legislation, calling the tourist rides "barbaric."
Oil tanker briefly shuts down Egypt’s Suez Canal
According to website Vessel Finder, the 250-meter-long, Singaporean-flagged tanker is headed for the Saudi port of Yanbu.A security source told media the Affinity V "ran aground in the Suez Canal at 19:15" (17:15 GMT)", adding that maritime traffic had been restored after "a short period of time"
Last year, super tanker Ever Given became wedged diagonally across the canal during a sandstorm, disrupting world trade for nearly a week
Trump social network unwelcome in Google store over moderation issues
The internet giant made the statement after the Trump camp argued that it didn't know why its social network app...The app breaks rules barring content that incites physical threats and violence, according to the tech firm
Truth Social would still be able to make its app available on its website or other online venues that don't involve Google's online shop
Microsoft to set up biggest cloud data center in Qatar
Microsoft will set up a new cloud data center in Qatar, creating 36,000 jobs and adding more than $18 billion...Many believe the Qatar operation would make the country more self-sufficient in information technology and speed up processing
Qatar, which will host this year's football World Cup, has been reaping record profits from its natural gas and oil in recent years, but has also been investing massively in divers
UAE’s 10 largest banks reap second quarter windfall
Banks in the UAE held a 22.4 percent market share of the assets in the Arab banking sector, followed by...The A&M research investigates size, liquidity, income, operating efficiency, risk, profitability, and capital of financial institutions.
A 19.5 percent rise in total interest income saw the banks post a net income growth of 24.4 percent.
Ashok Leyland bags 1,400-bus order
This is the company's biggest UAE order for school buses.The 55-seater Falcon bus and 32-seater Oyster bus - will be supplied from Ashok Leyland’s $50 million manufacturing facility in Ras Al Khaimah.
Most of the supplies will be made to Emirates Transport and STS Group, a statement from the company said.
ADNOC awards $1.83 billion framework agreements for drilling-related services
The awards cover ADNOC’s onshore and offshore fields and will run for five years with an option for a further...The awards cover ADNOC’s onshore and offshore fields and will run for five years with an option for a further two years
The framework agreement awards will support ADNOC’s requirement to drill thousands of new wells to expand its production capacity
Toyota to spend $5.3 bn expanding Japan, US battery output
Part of the cash is included in a huge two-trillion budget for the development and production of auto batteries that...Toyota is the world's top-selling carmaker, and has championed hybrid motors and pioneered hydrogen as a fuel of the future
The company said it aims to begin producing cells for battery-powered vehicles in the two countries between 2024 and 2026
Evorra secures extra $1m for data marketing at scale
Evorra CEO Aaron Ritoper said that the company has developed with regular input from a community of brands which believe...Evorra CEO Aaron Ritoper said that the company has developed with regular input from a community of brands which believe in the power of a decentralised data service
Boston-based York IE is set to become lead investor to help the SaaS marketplace company turn marketers into data marketers
Netflix in the soup for Mexican drug ‘queen’ show
Sandra Avila Beltran has filed a claim with Mexico's intellectual property agency alleging that the character Teresa Mendoza in "La...Avila Beltran wants 40 percent of the royalties from Netflix and Spanish-language television network Telemundo, for hurting her reputation
The second season of the "La Reina del Sur" won an International Emmy Award for Best Non-English Language US Primetime Program in 2020
