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Moderna swings to $2.8bn profit as revenues soar on Covid-19 vaccine
Revenue jumped to $4.4bn in the second quarter from $67m in the same period in 2020

Business

Dubai Investments' first-half profit rises 47% amid improving economy
Why stock pickers are giving passive ETFs a run for their money
Robinhood stock jumps as high as 82% pushing company market value to $65bn
UAE investors look to stocks and property to hedge against inflation
Uber posts a loss despite revenue more than doubling as driver incentives increase
Mubadala Capital launches $200m Nasdaq IPO of blank-cheque company
RAK Ceramics swings to second-quarter profit on revenue jump
Spain's top football league La Liga to sell 10% stake to CVC Capital Partners
UAE's baraka secures regulatory approval for online trading
Lyft narrows second-quarter loss as revenue rebounds 125%
Alibaba posts first-quarter profit despite fine as revenue soars 34%
UAE’s financial wealth grew to $600bn in 2020 despite Covid-19 headwinds
BP swings to $3.1bn profit in second quarter amid higher oil prices
Saudi Telecom’s Q2 profit up 3.6% on reduced expenses
Ferrari profit beats analyst estimates as new chief executive set to join car maker
Saudi Aramco denies plans to mine Bitcoin
Is it time to reinvest in banking stocks?
Pfizer and Moderna raise vaccine prices for EU customers
RAK Properties’ Q2 profit jumps 279% as it prepares for project handovers
US investment ban on Chinese companies probably priced into market
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