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Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Goldwind 2024 revenue up 12.5%

The clean energy giant posted $7.8bn in revenue for 2024.

Emaar to pay $2.39bn dividend

The company had posted $19bn in property sales for 2024.

Russia-Ukraine: A tragic comedy of errors

As the Russia-Ukraine conflict grinds on, the West's financial commitment grows, while neither Zelenskyy nor Putin shows interest in peace...

Cyber insurance shapes the future of cybersecurity

Cyber insurance, particularly around ransomware, is moving towards a world where insured businesses have strong cyber resilience, well-defined disaster recovery...

US Federal Reserve’s rate hike risky and ill-timed

"It appears that the central bank is willing to sacrifice parts of the economy and tighten its grip on households...
  • The US Fed's failure to act earlier on inflation was a significant miscalculation, and now they have made another mistake with the latest rate hike, says deVere Group CEO
  • It could potentially trigger not only a short-term but also a longer-term recession in the world's largest economy, with detrimental effects on the global economy, he adds

The devastating impact of online identity theft

While companies with robust defense measures witness decreased attack volumes as criminals target easier targets, account takeovers have a profound...
  • Most online consumers reuse usernames and passwords, making them vulnerable to organized crime rings as the attack surface for account takeovers continues to expand
  • While companies with robust defense measures witness decreased attack volumes as criminals target easier targets, account takeovers erode trust and cause emotional trauma

Malaria-free Asia Pacific region within our reach

Collaborative efforts involving public health professionals, Ministries of Health, and global institutions have been instrumental in the fight against malaria....
  • Malaria remains a life-threatening disease transmitted by infected mosquitoes, causing millions of cases and deaths globally, says Altaf Ahmed Lal of Sun Pharma
  • Collaborative efforts involving public health professionals, Ministries of Health, and global institutions have been instrumental in the fight against malaria, he adds

Marketwatch: Recession fear hurts commodity market

"As the gold correction unfolded last week, platinum remained supported due to supply concerns from South Africa facing frequent power...
  • Crude prices are heading for their biggest weekly loss since last month's banking turmoil-led sell-off, wiping out most of the gains that followed the OPEC+ cut announcement
  • Mining companies' quarterly results highlight that global tightness in the copper market will continue, but the short-term outlook points to continued rangebound trading

Marketwatch: Commodities navigate turbulent waters

Grains sector was on track for its first monthly gain this year, bolstered by a resurgence in corn prices due...
  • The energy sector experienced significant weakness, with a nearly 9 percent decline exacerbated by a 26 percent drop in US natural gas futures
  • Grains sector was on track for its first monthly gain this year, bolstered by a resurgence in corn prices due to increased export demand

Embracing the future: Why Biden’s banking regulation push needs to include digital financial institutions

In an age driven by rapid innovations, more people are turning to fintech and digital banking solutions as traditional banking...
  • The Biden administration's push for tighter banking regulations is well-intentioned but must include a focus on digital banking to keep pace with rapid tech innovations
  • As more people are turning to fintech and digital banking solutions, the US government risks falling behind in a fast-changing sector by focusing only on legacy banks

Markets get affected as financial turmoil resurfaces

Crude oil has been challenged by the continued loss of risk appetite. The banking crisis has particularly impacted the energy...
  • The collapse of Silicon Valley Bank and troubles at Credit Suisse sparked turbulent trading activity, particularly in the bond market
  • Gold and silver have benefited from a 3.5% drop in the dollar and a 110bps collapse in the two-year US government bond yield

Fed in dilemma over inflation, financial stability

"It appears that the Fed has not learned from the mistakes of the 1980s. Throughout much of the 1970s, the...
  • If the US Federal Reserve had implemented an increase of more than 25 basis points, it could have triggered further instability
  • The Fed must learn from the past mistakes and proceed with caution to avoid financial instability, says deVere CEO Nigel Green

Optimal user experience crucial for hybrid workers

More than 60 percent of employees worldwide have chosen hybrid work structures, and over 66 percent of UAE employees prefer...
  • More than 60% of employees worldwide have chosen hybrid work structures, and over 66% of UAE employees prefer to work from home, says an expert
  • Remote workers face IT challenges that impede productivity, from UCaaS quality concerns to VPN access challenges, adds Gaurav Mohan of NETSCOUT

ESG investment, COP28 drive GCC sustainability bid

As the effects of climate change intensify each year, there is an urgent need to transform multiple industries to meet...
  • UAE accelerates its sustainability objectives with laser-focused ESG plans and policies, writes Damian Hitchen, CEO of SAXO Bank MENA
  • As the UAE is all set to host COP28, an investment pledge of AED600 billion by 2050 comes with its own set of challenges, he adds

Russia-Ukraine: A tragic comedy of errors

As the Russia-Ukraine conflict grinds on, the West's financial commitment grows, while neither Zelenskyy nor Putin shows interest in peace...

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GCC drives ahead into the future of transportation

With the technology and vision firmly in place, the GCC countries are now building momentum, developing the partnerships, infrastructure, and...

Act now as climate crisis has reached critical point

"Renewable energy is key to our planet's future. It's time to phase out fossil fuels and embrace sustainable solutions. The...

Time to transform climate commitments into action

"At COP28, governments need to focus on two timeframes: an immediate surge in climate action and a springboard for the...

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AI, Industry 4.0 transform Middle East manufacturing

"As we look ahead, the manufacturing landscape is set to continue evolving, navigating through the VUCA (volatility, uncertainty, complexity, and...
  • Saudi Arabia, the UAE, and Egypt spearhead the Middle East's manufacturing growth, harnessing AI and Industry 4.0 to revolutionize their economic landscape.
  • In 2024, Middle Eastern manufacturers will focus on smart manufacturing, AI-enhanced supply chains, and digital ecosystems, driving sustainable growth in a pivotal year.

AI, NLP transform business operations in Gulf region

AI and NLP are revolutionizing workplace efficiency by enabling employees to swiftly access essential information, thereby augmenting customer and personal...
  • AI is creating a 'frictionless' work environment, streamlining daily operations.
  • Invisible apps provide seamless integration, enhancing employee efficiency.

Gaza and Ukraine: Two sides of the Western bias

The US President Joe Biden's recent statements on the ongoing Gaza conflict, especially his assertions about Hamas' headquarters and the...
  • US President Joe Biden's recent press conference highlights differing narratives on conflicts in Ukraine and Gaza, writes Shakir Husain.
  • Western support for Israel's actions in Gaza underscores a shift from observers to participants in Middle Eastern conflicts, he adds.