Business
The United Arab Emirates has moved to speed up construction of a major east-west oil pipeline designed to significantly increase crude export capacity through the port of Fujairah and reduce reliance on the Strait of Hormuz. The decision comes as regional maritime routes face sustained disruption linked......
Indian restaurant operator Devyani International reported a narrower quarterly loss, supported by stronger same-store sales and improving customer demand across its fast-food brands. The company operates major international restaurant franchises in India, including KFC and Pizza Hut, under licensing......
British energy company Centrica has agreed to pay millions of pounds following an investigation into the installation of prepayment energy meters by its subsidiary British Gas. The investigation, conducted by the UK energy regulator Ofgem, found that prepayment meters had been installed in the homes......
Indian billionaire Gautam Adani continues to expand the activities of the Adani Group across several strategic sectors, reinforcing the company’s position as one of India’s largest industrial groups. The conglomerate operates in industries ranging from energy and infrastructure to logistics,......
Chinese investors seeking to bet against the country’s hottest artificial intelligence stocks are facing a severe shortage of shares available for borrowing. The problem centers on MiniMax and Knowledge Atlas Technology, two generative AI firms that debuted on the Hong Kong Stock Exchange in January......
Meta Platforms is expected to generate about $240 billion in advertising revenue during 2026, according to a new report from WARC Media, reinforcing the company’s dominance in digital advertising even as investors grow concerned about mounting artificial intelligence costs. The report estimated......
India’s JSW Steel reported a significant increase in quarterly profit, more than doubling compared to the same period last year, supported by recovering steel prices and strong market demand. The Mumbai-based steel producer benefited from improved pricing conditions in the global steel market,......
Shareholders of Ferretti S.p.A. are set to vote on board leadership as two major investors, Czech-based KKCG Maritime and China’s Weichai Group Holdings Limited, compete for control of the luxury yacht manufacturer’s governance structure. The annual meeting has become a key battleground,......
The chief executive officer of Aviva, Amanda Blanc, has called for greater political stability in the United Kingdom, warning that ongoing uncertainty is negatively affecting businesses and investor confidence. Blanc stated that frequent changes in government direction and leadership over recent years......
Volkswagen executives said the company’s software partnership with Rivian is advancing on schedule, marking a major step in the German automaker’s effort to modernize its electric vehicle technology and streamline future vehicle platforms. Thomas Schäfer, chief executive of the Volkswagen......
Brookfield Asset Management is reportedly preparing to acquire World Freight Company in a deal valued at approximately $1.2 billion, according to sources familiar with the negotiations. The acquisition would see Brookfield purchase the logistics firm from investment groups EQT and PAI Partners, marking......
Alibaba Group reported a rise in quarterly revenue, driven by strong performance in its cloud computing and artificial intelligence divisions, alongside steady growth in its e-commerce operations. The Chinese technology giant posted a 3% increase in revenue for the fourth quarter, supported by expanding......
Dangote Cement Plc is in early discussions regarding a possible secondary listing on the London Stock Exchange, a move that could significantly expand its access to international investors and global capital markets. The Nigerian cement producer stated that the initiative remains at a preliminary stage......
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