TikTok will not be sold, Chinese parent tells US
TikTok’s Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law to force it to sell…
Tag: BUSINESS
Major Gulf markets gain as geopolitical concerns ease
April 23 Major stock markets in the Gulf rose in early trade on Tuesday, on course to recover some losses as fears of wider geopolitical…
Apple’s Q1 smartphone shipments in China tumble 19%, data shows
BEIJING, April 23 Apple’s smartphone shipments in China tumbled 19% in the first quarter of the year, the worst performance since 2020, as its dominance…
Oil prices lower after Iran attack on Israel
Oil prices fell on Monday after after Iran’s reprisal attack on Israel over the weekend. Brent crude – a key benchmark for oil prices internationally…
The IMF and World Bank Spring Meetings: What to Know
The IMF and World Bank’s spring meetings will focus on the prospects for a soft landing after years of global economic turbulence. But major challenges…
Deutsche Bank tells investors some of their Russian shares are missing
LONDON / NEW YORK – Deutsche Bank (DBKGn.DE) has told clients it can no longer guarantee full access to Russian stocks that belong to them, underlining the…
Bahrain’s Mumtalakat extends McLaren group stake
Bahrain’s state investment fund Mumtalakat said on Thursday it has bought the senior preference shareholder stakes in McLaren Group, as part of a proposed broader…
Turkey expects Gulf investments after top-level UAE visit -sources
ANKARA – Turkey expects the United Arab Emirates (UAE) and Saudi Arabia to invest in its energy and defence sectors after negotiations in Abu Dhabi…
Brexit an ‘economic disaster’ for UK and German trade – DIHK
BERLIN – Brexit has been an “economic disaster” for trade and investment ties between the United Kingdom and Germany, leading to a fall in German…
Morocco’s OCP plans $7 billion green ammonia plant to avert supply problems
RABAT – Morocco’s OCP plans to invest $7 billion in an ammonia plant using green hydrogen, produced from renewable fuel, it told Reuters, as one of…