Unilever sells Russian business to Arnest Group amid ongoing multinational exodus
Unilever has sold its Russian business to Arnest Group, it said on Thursday, becoming the latest mul...
REUTERS
Geopolitical strife can cost global economy $14.5tr
LONDON: The global economy could face losses of $14.5 trillion over a five-year period from a hypoth...
EU tariffs termed bad for green ambitions
BEIJING: The European Commission's decision to press ahead with tariffs on Chinese-made electric veh...
Oil set for biggest weekly gains in two years
NEW YORK: Oil prices rose for a fourth consecutive session on Friday as investors braced for a poten...
OPEC+ doing 'noble' job of balancing market: UAE
FUJAIRAH, UNITED ARAB EMIRATES: United Arab Emirates (UAE) Energy Minister Suhail al-Mazrouei said o...
ADNOC to acquire German firm for $16b
BERLIN: Abu Dhabi's ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion ...
Chinese stocks soar to 16-year high on stimulus
SHANGHAI: Chinese stocks swept to their biggest single-day gains in 16 years on Monday, with domesti...
India watchdog sued over antitrust probe
NEW DELHI: Three online sellers operating on Walmart owned Flipkart have sued the Indian antitrust w...
Moody's cuts Israel's rating by two notches
NEW YORK: Moody's on Friday downgraded Israel's credit rating two notches to "Baa1" from "A2" and ma...
OECD raises 2024 growth forecast to 3.2% from 3.1%
PARIS: Global growth is in the process of stabilising as the drag from central bank rate hikes fades...
Oil prices decline over $1 on demand concerns
HOUSTON: Oil prices eased more than $1 on Monday as disappointing eurozone business activity added t...
Boeing makes 'final' offer with 30% pay rise as strike continues
Boeing upped its wage proposal to thousands of striking workers on Monday, offering a 30% general wa...
Qualcomm's Intel buyout faces antitrust hurdles and financial risks, analysts warn
A potential deal to buy Intel could accelerate Qualcomm's diversification but will burden the smartp...
Wall Street inches higher as investors monitor Fed comments, factory activity data
Wall Street’s main indexes inched higher in choppy trading on Monday as investors focused on comment...
New car sales in the European Union (EU) fell 18.3% in August to their lowest in three years, dragge...
Aggressive rate cut aims to balance inflation and employment, says Powell
WASHINGTON: The US Federal Reserve initiated a series of anticipated interest rate cuts on Wednesday...
