KPMG’s global revenue touches $36bn
The company has outlined a collective investment of $4.2b.
Business
SLG to build $54m facility
Business
Saudi EXIM, SINOSURE ink MoU
Business
Alpha Dhabi posts $2.88bn profit
Business
Nike shares tumble after cost cuts
Nike promised up to $2 billion in cost savings Thursday.
VW 2022 net profit at $16.7bn
Business
Lufthansa returns to profit
Business
Apple to spend $1bn on chip hub
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Tesla to open plant in Mexico
Business
KPMG’s global revenue touches $36bn
The company has outlined a collective investment of $4.2b.
Business
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stc to sell stake in CCC
Business
SLG to build $54m facility
Business
Saudi EXIM, SINOSURE ink MoU
Business
Alpha Dhabi posts $2.88bn profit
Business
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VW 2022 net profit at $16.7bn
Business
Lufthansa returns to profit
Business
Apple to spend $1bn on chip hub
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Volkswagen to test self-driving cars
Commercial launch of self-driving vehicles is planned for 2026.
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Business
ADQ acquires stake in Canada’s Sagard
The wealth fund invests in Sagard alongside Bank of Montreal.
- As part of the transaction, Great-West Lifeco (GWL), an international financial services holding company, will increase its existing minority share in Sagard.
- In a statement, the entities said that BMO, ADQ and GWL agreed to invest in Sagard to boost its growth including through mergers and acquisitions.
Business
Mubadala invests in CoolIT Systems
KKR had invested in CoolIT through its Global Impact strategy.
- Headquartered in Calgary, Canada, CoolIT specialises in scalable liquid cooling solutions for computing environments.
- Mubadala’s Impact Investing team invests in businesses providing solutions to critical environmental or social challenges.
Business
AllianceBernstein office in DIFC
DIFC provides a platform for AB to expand its wings.
- AB is the latest of an influx of global asset management firms to open regional offices in DIFC.
- The premises will give investors across the region, including institutional clients, distribution partners.