ADQ Plans Takeover Bid for Aramex to Expand Logistics Portfolio
Abu Dhabi’s sovereign wealth fund, ADQ, has announced plans to launch a takeover offer for courier company Aramex, aiming to…
Category: Business
IMF to Forecast Steady Global Growth Amid Disinflation Trends
The International Monetary Fund (IMF) is set to project stable global growth and continued disinflation in its updated World Economic…
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…
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…