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Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

McDonald’s profits up 7%

The quarterly profits increased despite weak Middle East sales.

ADQ buys stake in Plenary Group

The deal is aimed at expanding public and social infrastructure.

FPT and Nvidia to build AI factory

Nvidia had invested around $250 million in Vietnam.

Swiss reserve hike hits UBS

The reserve requirement will increase from 2.5% to 4% from July 1.
  • Germany to stop accepting imams from Turkey

    BERLIN, GERMANY -  Germany will stop accepting imams sent from Turkey and instead train the Muslim clerics on home soil in a bid to encourage integration, the interior ministry said on Thursday. An agreement has been reached with the Turkish-Islamic umbrella group DITIB to phase out foreign imams and train 100...