Sharjah Islamic Bank (SIB) reported a 19.4 percent rise in first-quarter net profit, supported by higher income from Islamic financing...
The company said revenue grew 20 percent year-on-year to $5.65 billion, while net profit increased 16 percent, supported by strong...
The deal is valued at $48.7 billion.Kenvue's Tylenol painkiller has faced Trump administration allegations of links to increased autism risks.
Texas-based Kimberly-Clark makes a wide range of paper and cloth products, with brands such as Huggies, Kleenex and Kotex.
Under the seven-year agreement, OpenAI, which is partly owned by AWS's archrival Microsoft, will gain access to computing resources including...The deal will also give access to tens of millions of more conventional CPUs that will be used for the everyday deployment of so-called agentic AI.
OpenAI will immediately begin utilizing AWS computing, with all capacity targeted to be used before the end of 2026, and the ability to expand further in the coming years.
Busan, South Korea -- Rows of coffins line a university classroom in the South Korean port city of Busan, ready...Single-person households now account for around 42 percent of all homes in Asia's fourth-largest economy.
A new profession has emerged reflecting that statistic: cleaners who are called in to tidy up homes after their occupants, most of whom lived alone, have died.
El Dorado Hills, United States -- Matt James has collected gold nuggets for years from the hills and riverbeds of...Though the value has fluctuated, it has effectively doubled in the last two years, reaching an all-time high of more than $4,380 an ounce in October.
The Gold Rush transformed California, known as the Golden State, and many towns in the Sierra Nevada are working to keep that moment in history alive.
Dubai, UAE - Deloitte Middle East has announced the launch of its Middle East Centre of Excellence for Oracle AI...The center offers a dedicated regional hub to develop and deploy Oracle AI Agents across public and private sectors
It combines global expertise with local industry experience to advance agentic AI in the Middle East
- New York, United States -- Meta raised $30 billion in debt on Thursday, as tech giants flush with cash turn...
Meta raised $30 billion in debt and demand for its bonds was reportedly four times greater than supply.
The $30 billion in bonds scheduled to be repaid over the course of decades is intended to provide money to continue a breakneck pace of AI development.
- San Francisco, United States - Amazon's share price skyrocketed by more than ten percent on Thursday after the online retail...
The e-commerce giant's Amazon Web Services division, which recently suffered a global outage, saw revenues jump 20 percent to $33 billion in the third quarter
Amazon's major rivals in the cloud computing space, Microsoft and Google, on Wednesday also reported sales increases in their cloud computing business
Paris, France -- French oil and gas giant TotalEnergies reported on Thursday a sharp increase in third-quarter net profit despite...The company said net income grew around 61 percent to $3.7 billion compared to the same period last year, even as oil prices fell by more than $10 per barrel year-on-year.
TotalEnergies shares were down 1.4 percent in afternoon trading while the Paris stock exchange's blue-chip CAC 40 index was 0.7 lower.
- This was a 33% year-on-year decrease.
The Shenzhen-based firm recorded revenue of 195 billion yuan over the same period, a slight decrease of 3 percent year-on-year.
China's EV industry is world-leading but a cutthroat domestic market has weighed on companies' profitability.
New York, United States -- AI chip juggernaut Nvidia became the world's first $5 trillion company on Wednesday, as investors...By way of comparison, the level was greater than the GDP of France or Germany or higher than that of Tesla, Meta (Facebook), and Netflix combined.
Microsoft and Apple, the two other largest global market capitalizations, only just exceed $4 trillion in valuation each.
