Sanctions on Russian Oil Spur Shift to Middle Eastern and American Crude for China and India
New U.S. sanctions targeting Russian oil producers and tankers are expected to significantly alter global oil trade patterns, forcing major…
Category: Business
Jeju Air Crash Investigation Reveals Black Box Malfunction
South Korean authorities revealed on Saturday that the flight data and cockpit voice recorders aboard the Jeju Air jet that…
Aldar Properties Secures $1 Billion in Landmark Hybrid Capital Issuance
Aldar Properties has successfully completed its first $1 billion hybrid capital issuance, marking a significant milestone as the largest conventional…
Gold Rally Cools: Prices Ease Amid Fed Policy and Major Discovery in China
Gold prices, which surged to record highs in 2024, are showing signs of cooling, offering a respite for prospective buyers…
UK Retailers See Mixed Results During Christmas Amid Economic Challenges
Britain’s leading retailers, including fashion chain Next and supermarket giants Tesco, Sainsbury’s, and Lidl, reported strong performances over the Christmas…
UK Businesses Report Record Gloom Over Rising Taxes in Labour Government Budget
British businesses are experiencing their bleakest outlook since former Prime Minister Liz Truss’s September 2022 “mini-budget,” according to a new…
Etihad Airways Flight Aborts Take-Off in Melbourne Due to Technical Issue
An Etihad Airways flight bound for Abu Dhabi was forced to abort its take-off from Melbourne’s Tullamarine Airport on January…
Foxconn Reports Record Fourth-Quarter Revenue on Strong AI Server Demand
TAIPEI, Taiwan – Foxconn, the world’s largest contract electronics manufacturer, announced record-breaking revenue for the fourth quarter of 2024, driven…
Emirates A350 Takes to the Skies on Inaugural Flight to Edinburgh
Emirates’ highly anticipated Airbus A350 officially entered commercial service on Friday, marking a significant milestone for the airline. The inaugural…
Digital Payment Apps Revolutionize Small Business Transactions in UAE
Small and medium enterprises (SMEs) in the UAE are turning to digital payment apps as an affordable and efficient alternative…