Tag: BUSINESS
Security alert Altcoins worth $100 billion dropped in hot water
A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned in lawsuits filed by U.S. regulators against exchanges Binance […]
Saudi GDP up 12.2% in second quarter, exceeding initial estimate
A view shows vehicles driving on a street in Riyadh, Saudi Arabia February 16, 2021. Saudi Arabia’s real gross domestic product expanded by 12.2% in […]
Sony to buy Destiny developer Bungie for $3.6bn
Japanese technology giant Sony says it will buy video game developer Bungie in a deal worth $3.6bn (£2.7bn). Sony says Bungie, best known for the […]
Morocco’s Managem, Glencore to partner in cobalt project
Moroccan mining company Managem said on Wednesday it agreed with miner and commodity trader Glencore (GLEN.L) to produce Cobalt at a plant near Marrakech. The project is […]
Europe fuels sales growth for French train maker Alstom
French train maker Alstom reported a rise in third-quarter sales on Thursday, bolstered by contract wins in Europe and stronger market clout as it integrates […]
People devote third of waking time to mobile apps
People are spending an average of 4.8 hours a day on their mobile phones, according to app monitoring firm App Annie. In 2020, UK regulator […]
Morocco’s tough COVID restrictions hammer tourism sector
RABAT, Dec 31 (Reuters) – Businesses working in Morocco’s key tourism sector say the country’s tough COVID-19 restrictions, including a full flight ban, are undermining […]
UBS eyes Mideast expansion with new wealth desk in Dubai -memo
The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, June 22, 2020. REUTERS/Arnd Wiegmann/File Photo DUBAI, Oct 21 (Reuters) […]
Alibaba Group Kicks Off 2021 11.11 Global Shopping Festival
Alibaba Group today kicked off its 2021 11.11 Global Shopping Festival. (Photo: Business Wire) October 20, 2021 03:21 AM Eastern Daylight Time SHANGHAI–(BUSINESS WIRE)–Alibaba Group […]
Apple switches to its own chips for Mac computers as it adds features, privacy controls
Apple Chief Executive Tim Cook said it marked the beginning of a major new era for a product line that powered the company’s rise in […]