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Showing 1 - 15 results of 2532 for "Business/Markets"

Reliance Industries posted a 15% drop in quarterly profit as the Covid-19 pandemic hurts oil demand but the company's diversification into retail and digital space is paying off. Reuters.

Adia and Saudi Arabia's PIF invest $1bn in Ambani's Reliance Industries' fibre optics unit

October 31, 2020
Traders on the floor of the New York Stock Exchange. Stocks around the world are tumbling on worries the worsening pandemic will mean more restrictions on businesses and drag down the economy. AP

Markets have worst week since March in wake of tech rout

October 31, 2020
Lucy Peng helped set up Alibaba’s human-resources department, was Ant Group’s chief executive and is now executive chairwoman of Lazada Group, the Southeast Asian e-commerce platform. Photographer: Misha Friedman/Bloomberg

Billionaires: Ant IPO will make Alibaba's reclusive co-founder $5bn richer

October 31, 2020
People walk past a Dunkin' store in New York City. The Dunkin’ Brands, the parent company of the Dunkin’ and Baskin Robbins chains, agreed to sell itself to Inspire Brand, a private equity-backed company. AFP

Inspire Brands to buy Dunkin’ in $11.3bn deal

October 31, 2020
Electricity transmission pylons near Dungeness Power station in Kent, England. Power plants fuelled by gas will not be allowed to be labelled as sustainable investments under draft European rules. Bloomberg

New EU rules plan to rule out gas-fired power plants as green investments

October 30, 2020
An Ant Group logo at the company's headquarter in Hangzhou. The company's dual listing set to take place on the Hong Kong and Shanghai stock exchanges next week. Reuters

Investors scramble to secure a piece of the world's biggest IPO

October 29, 2020
Gold bars and coins are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany. Reuters

Global demand for gold drops 19% in third quarter

October 29, 2020
QuantLase Imaging Lab's technology has run rapid laser testing to screen people on the border between Abu Dhabi and Dubai. It tests for signs of surging red blood cells, which is an early indicator that a body is fighting off a virus. Courtesy: QuantLase

Abu Dhabi's IHC reports eight-fold revenue increase on back of acquisition spree

October 29, 2020
Tiffany announced that worldwide net sales for August and September declined slightly from the comparable period in 2019 while operating earnings increased 25 per cent from the corresponding period last year. Photo: Courtesy Tiffany

Tiffany agrees on sale to LVMH at $425m discount

October 29, 2020
A pedestrian looks at an electronic stock board displaying the stock average outside a securities firm in Tokyo on Thursday. Bloomberg

Asian stocks slide with US and Europe as coronavirus cases surge

October 29, 2020
Bitcoin's rally reversed on Wednesday night, after hitting a high of $13,857. Reuters

Bitcoin's boom has a blip

October 29, 2020
Dubai is launching a new stock market for small and medium-sized enterprises, the Nasdaq Dubai Growth Market. Image courtesy of DIFC 

What is the new Nasdaq Dubai Growth Market and who is it for?

October 28, 2020
A logo on the new Aston Martin DBX. Mercedes-Benz boosting its stake in Aston Martin to become the company's largest shareholder. Reuters

Mercedes-Benz to boost Aston Martin stake to become largest shareholder

October 28, 2020
With just one week to go before Americans go to the polls, Bank of Singapore says a Joe Biden win means that the stimulus relief bill will not be passed until February 2021. Reuters

Markets brace for a drawn-out US presidential election and deadlocked Congress

October 28, 2020
The setting up of a junior stock market is part of the Dubai Future District Initiative announced in January. Photo: Courtesy DIFC Authority

Dubai to launch Nasdaq market for growth companies

October 27, 2020
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Podcasts
A man walks past a large replica 'I Voted' sticker at an early voting station in Inglewood, California, for the 2020 presidential election. Bloomberg

Beyond the Headlines: how will the US election play out?

Beyond The Headlines
Jennifer Zhu Scott

Should Google and Facebook users be paid for their data?

Podcasts
A three-day sale with reductions of up to 90 per cent is set to take place at The Dubai Mall to mark the start of the Dubai Fitness Challenge. Courtesy The Dubai Mall 

Dubai Mall mega sale, 1,390 new UAE cases, Abu Dhabi sea snake warning - The Daily Update

Podcasts
Despite the extended period of not being able to fly with Emirates during Covid-19, customers in the UAE have picked the Dubai-based airline as their favourite brand. Christopher Pike / Reuters

Dubai overhauls testing, 1,111 new UAE cases, water on the moon - The Daily Update

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