Browsing: Business
Tech stocks propelled Norway’s sovereign fund to a $213 billion profit in 2023, marking a historic achievement.
IMF boosts 2024 global growth forecast by 0.2 points to 3.1%, crediting U.S. resilience and Chinese fiscal action.
The world’s most extensive and cutting-edge power cable-laying vessel has embarked on a groundbreaking endeavor, the $3.8 billion (AED13.95 billion)…
Microsoft achieves $3 trillion market value, second only to Apple, with a stock price at $404.87 per share, boosted by AI and tech.
Intel’s stock plummeted in premarket trading after a disappointing Q1 2024 outlook, despite exceeding recent earnings expectations.
Tesla’s stock plunges 12%, wiping out $80 billion in value after gloomy earnings and Chinese competition warning.
SAP Allocates €2 Billion for AI-Driven Restructuring, Impacting 8,000 Jobs in Pursuit of Scalable Revenue Growth.
eBay cuts 1,000 jobs (9% of its workforce) as CEO Iannone emphasizes reducing alternate workforce contracts.
Netflix’s Shares Soar 10% on Q4 Success with 13.1 Million New Subscribers, Boosted by Ad Expansion and Password Crackdown.
President Sheikh Mohamed bin Zayed chairs ADNOC board meeting, emphasizing sustainability and global energy transition.