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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.
  • Kuwait elects new parliament dominated by opposition

    Lawmakers from opposition won 29 of the 50 seats up for grabs in the election, according to results announced by the official Kuwait News Agency. The vote on Tuesday came after Kuwait's constitutional court in March annulled the results of last year's election -- in which the opposition made significant...