Archive / Lead News - 2021
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Inflation: South Korea raises rates to tackle price risesSouth Korea's central bank has put up interest rates for the second time this year amid concerns over higher prices and rising household debt.The Bank...New Windows Installer Zero-Day Exploit Is in the WildA recently disclosed Microsoft Windows Installer zero-day vulnerability is now being explored by malware creators. Publicly disclosed by security researcher Abdelhamid Naceri on a Github...Why British boarding schools are still a big attraction for Gulf pupilsWhen Rakan moved from Dubai to study at British boarding school Sevenoaks in Kent at the start of the academic year, he discovered a new...Railways to launch around 190 theme-based trains to showcase India’s culture and heritageIndian Railways is all set to launch around 190 theme-based trains called Bharat Gaurav Trains, in a move to boost the tourism sector. This was...Nokia has a new tablet after seven years. Was it worth the wait?The last time a Nokia-branded tablet was released, the Finnish company was one year removed from selling its mobile business to Microsoft. Facebook had recently...GMIS 2021: Operation 300bn targets are 'ambitious but achievable', industry leaders sayGoals of UAE’s Operation 300bn are “ambitious” but “achievable”, are central to attracting foreign direct investment and support the small and medium-sized enterprises ecosystem, which...Biden announces global effort to ease energy costsUS President Joe Biden on Tuesday announced that he has ordered 50 million barrels of oil to be released from the Strategic Petroleum Reserve to...Tech notes from the 2021 FM Solutions and Security Strategies SummitFor the Mid-Atlantic region, last week presented a significant opportunity to visit solution providers, meet with end users and attend problem-solving education classes. The FM...Dafza and Export Bahrain sign pact allowing companies wider access to marketsDubai Airport Freezone Authority (Dafza) and Export Bahrain have signed an agreement to support their joint efforts in institutional development, facilitating business activities and supporting...Azamara announces new five-month world voyageThe cruise line dedicated to Destination Immersion experiences – announce the launch of its new World Voyage aboard the company’s newest ship, Azamara Onward. Starting...Countries weigh laws to lessen power of mighty algorithmsFrom the YouTube videos we're recommended to deciding who gets a job, algorithms wield an ever-growing influence over our lives -- and policy-makers worldwide want...GMIS 2021: China's Wenchao to invest $200m in food and beverage factory in DubaiChina's Wenchao Group will invest Dh735 million ($200m) to build a factory in Dubai that will cater to the growing food and beverage and e-commerce...Alvarez & Marsal applies for 12-month extension to NMC administration in UKAlvarez & Marsal, the administrator of the UAE's biggest healthcare operator NMC Health, plans to apply to the UK High Court for a further extension...EU retail giant Schwarz Group snags security startup XM Cyber for $700 millionSchwarz Group, an EU-based retail company, announced today that it has acquired Israeli security startup XM Cyber for $700 million. It may seem like a...Glitch-prone features dent electric SUV reliability, survey findsElectric SUVs generally are among the least reliable vehicles on the road, but it's not because of the batteries or electric motors that power them.Instead,...Asian shares mixed after China warning on risks, stagflationStocks were mixed in Asia on Monday after ending the week mostly lower on Wall Street, despite the Nasdaq's first close above 16,000.A resurgence of...Asia's virtual influencers offer metaverse glimpsSporting neon hair and flawless skin, Bangkok Naughty Boo is one of a new generation of influencers in Asia promising to stay forever young, on-trend,...Nashville is STR’s first U.S. forward STAR marketNashville is the first active U.S. market for STR‘s Forward STAR, which allows hotels to benchmark future occupancy on the books against the marketplace. “It...UK to probe 'systematic bias' in medical devices techBritain's health secretary announced Sunday he has launched an independent review to examine if "systematic bias" exists in the development of medical devices, after COVID-19...BlackRock expects sustainability to influence how future investment portfolios shape upBlackRock, the world’s biggest asset manager, expects sustainability to play an increasing role in how investor portfolios will shape up as environmental, social and governance...Boris Johnson: green revolution offers biggest opportunity to level up UKBritain's Prime Minister Boris Johnson joined the leaders of the UK's top business confederation on Monday to say that carbon net zero target offers the...Shipping issues hit agricultural economy tooLowa’s agriculture economy has not been immune to issues created by shipping backups at U.S. ports, state and national ag experts say. Shipping delays could...The Red Sea Development Company awards contract for employee accommodation at Coastal VillageThe Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, has awarded one of its largest value contracts to...Optimism abounds as India's economic recovery gathers pace and Covid cases declineIndia's economy is turning a corner and looks set for a strong rebound this year, helped by a pick-up in the pace of Covid-19 vaccinations...Stocks making the biggest moves midday: Moderna, Robinhood, Boeing and moreUnited Airlines, Boeing — Shares of travel-related stocks dipped after Austria announced earlier in the day that it would reenter a full national lockdown due...Armorblox email security platform integrates with Microsoft Sentinel to help stop email-based BECArmorblox announced that it has joined the Microsoft Intelligent Security Association (MISA), a coalition of independent software vendors and managed security service providers that have...APPLE CAR: THE NEXT EVOLUTION IN THE AUTOMOBILE INDUSTRYIt’s no secret that Apple is developing electric vehicles, and that the firm may soon release its own electric automobile. Now, according to a news...Oil selloff intensifies on Covid fears and risk of US-China interventionThe oil market has gone from booming to busting, much to the relief of inflation-weary American drivers ahead of the Thanksgiving holiday.US crude tumbled to...Philippines planning to re-open to vaccinated touristsThe Philippines will soon welcome back foreign tourists, the government said Friday, as it prepares a partial re-opening to vaccinated travelers 20 months after closing...Reliance and Saudi Aramco agree to re-evaluate $15bn oil-to-chemicals investment proposalReliance Industries, India’s largest private petrochemicals company controlled by billionaire Mukesh Ambani, and Saudi Aramco agreed to re-evaluate a previous non-binding agreement to sell a...Jordan’s economy continues to recover on fiscal measures and rapid vaccination programmeJordan's economy continues to recover from the impact of the coronavirus pandemic on the back of fiscal and monetary measures, as well as an accelerated...Major ocean current could warm greatlyA new study led by researchers at Binghamton University, State University of New York found that the Kuroshio Current Extension is sensitive to global climate...Vietnamese carmaker VinFast plots course for US market, starting with two electric crossoversVinFast, the Vietnamese automaker under Vingroup, was one of the LA Auto Show’s numerous newcomers this year aiming to make an impression with consumers.The company...Russian jeweller Sokolov considers US IPO as revenue growsRussian jeweller Sokolov is planning a dual listing in New York and Moscow in 2023, its co-owner told Reuters, betting on strong revenue growth and...Tesla worker files suit over 'nightmarish' harassmentFemale workers at Tesla's Fremont factory in California face "nightmarish" conditions of rampant sexual harassment, according a lawsuit brought by a female employee. Jessica Barraza,...Energy Transition, Inflation Drive Bullish Commodities OutlookVanEck Commodity Strategist Roland Morris discusses his views on a potential long-term bull market for commodities. He explores the impact of short and long-term trends,...Rethinking Medical Device Security: How To Increase Business Buy-InHealthcare-related breaches increased by 50% during the first year of the pandemic, bringing medical products’ vulnerabilities to center stage. But the dangerous impact of cyberattacks...SpaceX to attempt first Starship orbital launch in January: Elon MuskSpaceX, pushing its orbital capabilities fast around landing on the Moon and then onto Mars, will attempt to launch its futuristic, bullet-shaped Starship to orbit...Rail upgrade pledge as Leeds HS2 leg to be scrappedA rail improvement programme will help transform services in the Midlands and northern England, the government has said ahead of the expected scrapping of part...JP Morgan sues Tesla for $162m citing contract breachJP Morgan has sued Tesla for $162.2 million, accusing Elon Musk's electric car company of "flagrantly" breaching a contract the two corporate giants agreed in...Dubai Airshow: Edge and IAI to develop advanced unmanned systemsUAE defence conglomerate Edge and weapons maker Israel Aerospace Industries (IAI) will jointly develop advanced unmanned surface vessels (USVs) for military and commercial use.Edge subsidiary...‘Criminals love buy now, pay later’: How fraudsters exploit popular interest-free payment plansBuy now, pay later services aren’t just popular among consumers. They’re also proving to be a hit with criminals. Fraudulent activity is on the rise...Pushing action on climate change up the corporate travel agendaSustainable travel has been a hot topic within the industry for a while now, long before the Covid-19 pandemic. The global stay-at-home mandate cast a...Google launches $15M financial assistance program in India, partners with SIDBI to offer loans to businessesGoogle has formed a key partnership to help provide loans to micro and small businesses in India, the firm announced at its annual event for...Adnoc Logistics & Services and AD Ports to develop Ta'ziz ports infrastructureAbu Dhabi National Oil Company's logistics and services subsidiary and AD Ports Group have signed an agreement to develop a new port and associated facilities...Sapphire Foods India makes decent debut on stock market. Check detailsThe operator of KFC and Pizza Hut, Sapphire Foods India Limited, made a decent debut on the stock market as it listed at a 15...PureCycle Unveils First Product Made from its Recycling TechnologyPureCycle announced the first product made from its recycled polypropylene technology has launched. The plastic shower dispenser was brought to market and sold by EC30...GMIS to host country-focused conferences on innovation and cross-border partnershipsThe Global Manufacturing and Industrialisation Summit will host three country-focused conferences that will discuss the main drivers of the manufacturing sector and the latest technology-led...Central Holidays announces debut of newest, ultra-luxe Nile river cruise ship – HS NebuCentral Holidays together with its parent company Sakarra Group International (SGI) announced the debut of their newest, ultra-luxe Nile River cruise ship – HS Nebu,...Roleshare launches job-sharing marketplace to match professionals, raises pre-Seed roundPartly as a result of modern employment trends, and partly as a result of the pandemic’s effect on the world of work, there’s an increasing...GCC countries' digital growth can add $255bn to GDPThe digital economies of GCC countries are growing twice as fast as their advanced economy counterparts, and their pace of expansion has the potential to...Emirates airline tops ranking of UAE's best brands for fifth yearEmirates, the world's biggest long-haul airline, topped YouGov's Best Brand Rankings in the UAE for the fifth consecutive year amid a steady recovery by the...Homebuilder confidence surges past expectations, as buyer demand remains highHigher prices and longer wait times do not appear to be turning buyers away from the nation’s homebuilders. With demand still surging, homebuilder confidence in...TikTok takes extra steps to curb dangerous challengesTikTok is trying to strengthen the detection and enforcement of rules against dangerous online challenges and hoaxes. Just over one in five teenagers has participated...Lidl to become UK's highest-paying supermarketLidl has announced pay rises from March next year, which it says will make it the UK's highest-paying supermarket. It will increase its minimum pay...Port Authority of Jamaica and it opartners bolster cruise shipping restartThe Port Authority of Jamaica (PAJ) and it partners continue to bolster the restart of cruise shipping operations with the Historic Falmouth Port poised to...Dyson Award winners: Glaucoma glove and bottle scannerA kit that allows people to test for glaucoma at home and a scanner that helps recycle plastic bottles are among the winners of the...Britain’s inflation rate hits decade high of 4.2%Britain’s inflation rate jumped to 4.2 per cent in annual terms in October – more than double the Bank of England’s target and the highest...UK announces plan to boost overseas tradeThe government has announced plans to boost the UK's annual exports to £1 trillion by the end of the decade.The Made in the UK, Sold...Wool product shipments face quarantine to curb coronavirus spreadingSecurity personnel in protective clothing march in a residential community in Tiantongyuan, Beijing on November 2, 2021. The community has taken closed management measures after...New Lumin Edge Gives Homeowners Control and Optimization of Energy Use From a SmartphoneAs utility prices rise due to the global power shortage and widespread power outages continue with the increasing global climate crisis, homeowners are turning towards...GOP report shows inflation hurts low-income Americans the most, blames Democrats for price jumpsRepublicans on the Joint Economic Committee on Monday warned that inflation is having an outsized effect on Americans in the lowest income brackets given acceleration...Cannabis market intelligence platform Pistil Data raises $6.5M from Casa Verde and othersPistil Data, a cannabis market intelligence platform, has closed a $6.5 million seed round led by Snoop Dogg’s Casa Verde. The funding round included participation...Splunk stock plunges as CEO Doug Merritt steps downShares of data-analytics software maker Splunk fell 18% after the company said CEO Doug Merritt was stepping down and Graham Smith, its board chair, was...Would the world be better if it was run by teenagers?What would the world be like if it was run by teenagers? One company decided to find out. UK renewable energy provider, Good Energy, appointed...Coronavirus: Cathay Pacific imposes tough new rules on aircrewHong Kong-based airline Cathay Pacific is imposing tough new restrictions on its aircrews, as it tries to stop the spread of Covid-19.Those returning to the...UK electric lorry start-up Tevva raises $57m in fundingBritish electric lorry start-up Tevva said on Tuesday it raised $57 million in its latest funding round to increase production at its new London plant...Rocket Lab acquires Planetary Systems Corporation in cash and stock dealRocket Lab is continuing its acquisition strategy, this time with a cash and stock deal with Planetary Systems Corporation (PSC).The news was announced ahead of...The top eight sales skills you need in your travel business in 2021The travel industry is starting to regain a foothold, and competition for customers is fierce. As businesses race to get back solid financial footing, developing...Online car buying platform Clutch wants to service 90% of Canadians by end of 2023Clutch wants to be Canada’s largest online used car buying platform. The company, which was founded in 2016, just closed out a $80 million (CAD...Britain’s unemployment rate dips to 4.3% as vacancies hit record 1.3 millionBritain’s unemployment rate dropped to 4.3 per cent in the three months to end of September as 160,000 people were added to payrolls, official data...Adaptive Swarm Robotics Could Revolutionize Smart AgricultureThe use of adaptive swarm robotics has the potential to provide significant environmental and economic benefits to smart agriculture efforts globally through the implementation of...Is it too late to boost your exposure to commodities to hedge against inflation?With US consumer price inflation hitting a 30-year high, investors are scrambling for ways to protect their portfolios against rising prices and falling currencies. Many...Malaysia set for economic contraction amid continued Covid restrictionsMalaysia’s economy returned to contraction in the third quarter, the first Southeast Asian economy to report a renewed slump, but the central bank said it...‘Dancing molecules’ successfully repair severe spinal cord injuriesNorthwestern University researchers have developed a new injectable therapy that harnesses "dancing molecules" to reverse paralysis and repair tissue after severe spinal cord injuries.In a...Saudi Arabia unveils 'Prince Mohammed bin Salman Non Profit City'Saudi Crown Prince Mohammed bin Salman on Sunday announced the establishment of the first non-profit city in the world. Prince Mohammed bin Salman Non Profit...Apple offers $30 million to settle off-the-clock bag search controversyLast year, California’s supreme court ruled that Apple broke the law by failing to pay employees while they waited for mandatory bag and iPhone searches....Deyaar’s third-quarter net profit surges nearly 81% on higher revenueDubai’s Deyaar Development reported an 80.59 per cent surge in third-quarter profit on the back of higher revenue as it benefited from the continuing recovery...How to include cryptocurrencies in your estate planningIf you are merely dipping your toe in cryptocurrencies, it can be hard to imagine your digital assets as something worth talking to an estate...Using mechanical tools improves our language skills, study findsOur ability to understand the syntax of complex sentences is one of the most difficult language skills to acquire. In 2019, research had revealed a...China property: New home prices see biggest fall since 2015China's property slump has deepened official data showed, with new home prices seeing their biggest month-on-month decline since 2015. New construction starts in January to...UK Cyber startup Immersive Labs acquires US-based Snap Labs – and there’s a climate angleCyber security startup Immersive Labs — which recently closed a $75 million Series C funding round giving it a significant war chest — is acquiring...Johnson Matthey's exit from EV battery market delivers embarrassing blow to UK industryBritain’s hopes to take the lead on the electric vehicle battery market were dealt an embarrassing blow when UK chemicals company Johnson Matthey decided to...‘Expo effect’ to support faster growth in the UAEThe UAE economy is set for a faster growth in the final quarter of 2021 after a relatively slow start to the year. The relaxation...Adipec 2021: Oil and gas industry needs more than $600bn in annual investment until 2030The global oil and gas industry requires more than $600 billion of investment annually to keep up with the growing demand for energy even as...Our Global Food Supply Chain Needs Urgent AttentionThere is one pivotal difference between global trade and shipping in general and the global trade of food, specifically. For manufactured goods, China largely dominates...J&J finally decides to dismantle its diversified business modelJ&J finally decides to dismantle its diversified business modelJ&J finally decides to dismantle its diversified business modelPhil TaylorPhil TaylorNovember 14, 2021After decades of a diversified...Backblaze takes opposite IPO route to Rivian, going public on small valuation and minimal fundingElectric-vehicle maker Rivian Automotive, which has almost no revenue, dominated the headlines this week after raising close to $12 billion in its IPO and then...Mistakes in handling inflation 'could pose a risk to global economic recovery'The top risks to the global economic recovery are shifting from pandemic-driven bankruptcies to potential mistakes policymakers can make in managing rising inflation and its...UK removes all 7 countries from red list and hotel quarantine scrappedThe UK government is removing all countries from its red list for international travel, it announced this afternoon.Only seven countries remained on the list after...Louis Vuitton considers opening a duty-free store in HainanLouis Vuitton is considering opening its first duty-free store in China on the emerging luxury island Hainan, according to two sources. The would mark a...Bitcoin’s biggest upgrade in four years just happened – here’s what changesThe first bitcoin upgrade in four years has just gone live. It is a rare moment of consensus among stakeholders, and it’s a big deal...Emerging markets' economic growth set to rebound to pre-pandemic levels in 2022Economic activity will rebound to pre-pandemic levels in most emerging markets next year, however the pace of economic growth will be lower than that seen...Dubai Airshow 2021: Boeing in 'advanced talks' with customers on 777X freighter salesBoeing is in “advanced talks” with customers regarding the sale of a freighter version of its coming 777X wide-body aircraft, an executive said on the...Councils and police must 'weigh CCTV firms' human rights records'Councils and police should consider CCTV firms' human rights records before purchasing, the surveillance camera watchdog has said. Professor Fraser Sampson's call has been backed...Southwest offers staff extra pay, frequent flyer miles to avoid holiday travel disruptionsSouthwest Airlines on Saturday offered its flight attendants new incentives aimed at avoiding more flight cancellations, particularly over the peak holiday period, amid concerns over...‘Too risky’ to not use both battery electric and hydrogen tech, Daimler Truck CEO saysThe Daimler Truck CEO has spoken of the challenges and opportunities his industry faces in the years ahead, as competition heats up and efforts to...The worlds’ best boutique hotels are reveleadThe winners of the Boutique Hotel Awards 2021 - the official wanderlust hot-list for unique stays - are announced. Honouring boutique hotels from Mykonos to...SpaceX launches 53 Starlink satellites into orbitSpaceX expanded its constellation of low Earth orbit satellites on Saturday with the launch of 53 Starlink satellites from Florida.A Falcon 9 rocket lifted off...RAK Ceramics reports 60% jump in profit due to higher revenueRAK Ceramics, one of the world's biggest producers of ceramics, reported a 60 per cent jump in its third-quarter profit after revenue rose on the...Airbus slightly lowers 20-year forecast for aircraft demandAirbus slightly lowered its 20-year forecast for new aircraft demand compared with the pre-pandemic level of 2019. It said it expects an increasing share of...8 Detroit Festive Holiday Events to Light Up 2021Detroit festive events cater to everyone’s favorite holiday experiences. You know, picking out meaningful gifts, spending close quality time with loved ones, participating in community...Toshiba spins off energy, computer device unitsEmbattled Japanese technology conglomerate Toshiba said Friday it is restructuring to improve its competitiveness, spinning off its energy infrastructure and computer devices businesses.The energy infrastructure...A wave of LatAm fintechs are laying down new global commerce railsIf you look under the hood of nearly any large merchant’s e-commerce operations, there are likely more than a dozen different card-acceptance platforms meshed together...Inflation concerns to test Indian central bank's easy money policyA number of Indian companies have turned increasingly vocal about their inflation concerns, setting the stage for raising prices that could test the central bank’s...Aramco's entrepreneurship arm Wa'ed invests $507,000 in B2B platform QreebWa'ed, the entrepreneurship arm of state oil company Saudi Aramco, said it invested 1.9 million Saudi riyals ($507,000) in digital B2B e-procurement and facility management...It’s OK to borrow ideas when building your startup’s websiteIt was a light week for the Experts program, but what we missed in quantity, we made up for in quality: Joey Noble, community manager...Emerging Security Tools Tackle GraphQL SecurityOne good thing about GraphQL is that the query language makes it easy to interact with structured data and perform multiple actions with a single...Some Electronics Repairs Are Illegal: Federal Law Could Change ThatKyle Wiens is a right to repair advocate and CEO of iFixit, the free repair manual. He’s dedicated his life to defeating the second law...UAE to UK flight bookings surge after Sinopharm vaccine approvalTravellers from the UAE have been booking more flights to the UK after it reviewed its rules on accepted vaccinations.Flight bookings rose by 30 per...Singapore FinTech TSLC raises $25m from Abu Dhabi investor-led groupThe Social Loan Company, a Singapore FinTech start-up, raised more than $25 million to fund its expansion into new markets, product development and to step...UK economy slows sharply in third quarter as Covid recovery faltersBritain’s economic growth slowed sharply in the third quarter, with gross domestic product growing just 1.3 per cent in a further sign the economic recovery...Embark CEO sees supply chain crisis as the ‘inflection point’ for autonomous truckingThe congestion at U.S. ports, the trucker shortage, and the rise of e-commerce have created a unique opportunity for autonomous trucking, according to Alex Rodrigues,...Framework raises $2M Seed to create an ‘on-demand business school’ aimed at startupsBusiness education is, let’s face it, finding it hard to keep up with a $3 trillion global tech startup economy that’s booming right now. High-growth...From Squid coin to memes, the 'Wild West' of cryptoFrom a dodgy digital currency inspired by Netflix hit "Squid Game" to highly-volatile dog-themed coins, the cryptocurrency sector has become riskier than ever as it...Only 28% of New York office workers are back in the officeOnly 28% of Manhattan office workers are back at their desks and fewer than half will return by January, according to a new survey.Employers expect...Stocks making the biggest moves midday: Mastercard, Unity Software, Wendy’s and moreThe online marketplace’s shares tumbled nearly 29% Wednesday after reporting quarterly results late Tuesday. Poshmark reported a loss of 9 cents per share, versus analyst...Consumer prices jumped in October, but one indicator says inflation might be peakingThe rate of consumer price increases jumped to a three-decade high in October as supply chain disruptions and holiday-shopping demand fueled inflation across a range...Stock futures are muted after sell-off induced by hot inflation dataU.S. stock futures were little changed in early morning trading on Thursday following a tech-driven sell-off on Wall Street.Dow futures rose just 4 points. S&P...Fuel, housing costs boosted October’s inflation. Here’s what it means for the Fed’s stance on interest ratesOctober’s surge in consumer prices was driven by some factors that may linger. Market pros say the Federal Reserve may be forced to move up...Southeast Asia’s Zalora expects record-breaking Singles Day salesSoutheast Asian e-commerce company Zalora is anticipating record-breaking business this Singles Day amid economic reopening and increased tech adoption across the region.Speaking to CNBC as...The life of plastic: born a hero, dying an outcast, resurrected a monsterAn estimated 11 million metric tonnes of plastic are entering the world’s oceans every year, and without urgent action, this number is set to increase...Everything you need to know about Dick’s Sporting Goods Black Friday dealsThe best Black Friday deals at Dick’s Sporting GoodsFrom compression shorts to kettlebells, Dick’s Sporting Goods is the place to go for all things sports...Google loses antitrust battle with EU as court upholds 2017 order to pay $2.8 billion fineThe EU’s General Court ruled Wednesday that the European Commission was right in fining Google for an antirust breach — in what represents a landmark...Cora Cora Maldives launches their brand-new app: CoraCoraMaldivesCora Cora Maldives is always one to innovate and never imitate and the hottest new opening in the destination announces the release of their brand-new...Emirates Development Bank teams up with National Bank of Fujairah to fund UAE SMEsEmirates Development Bank signed a preliminary agreement with National Bank of Fujairah to offer a credit guarantee and co-lending package for small and medium enterprises...Discover the World is launching a new collection of European Rail JourneysDiscover the World has launched a new collection of rail journeys across Europe enabling travellers to enjoy car free adventures across the Mediterranean, Scandinavia, the...Moody's upgrades Abu Dhabi company Senaat's ratingMoody’s Investors Service upgraded Abu Dhabi’s industrial holding company Senaat's issuer rating to "A1", from "A3", citing the positive impact linked to parent company's ADQ's...Cityscape 2021: RAK Properties bullish about growth as demand picks upRAK Properties bullish about growth as it targets $136.1m in sales by year-end. RAK Properties is aiming for Dh500 million ($136.1m) in sales by the...Coinbase shares drop after third-quarter revenue misses analysts’ estimatesCoinbase, the largest cryptocurrency exchange in the U.S., reported third-quarter earnings after the bell on Tuesday and missed analysts’ estimates on revenue. The stock sank...Spiders' web secrets unraveledJohns Hopkins University researchers discovered precisely how spiders build webs by using night vision and artificial intelligence to track and record every movement of all...Original Apple computer built by Jobs and Wozniak sells for $400,000An original Apple computer, hand-built by company founders Steve Jobs and Steve Wozniak 45 years ago, sold for $400,000 at auction in the United States...Wholesale prices rose 8.6% year over year in October, tied for highest everWholesale prices rose 8.6% from a year ago in October, their highest annual pace in records going back nearly 11 years, the Labor Department said...Household debt total passes $15 trillion for the first timeHousehold debt passed $15 trillion for the first time in the third quarter, as rising prices pushed up balances for homes and autos, the New...JPMorgan turns bullish on UK stocks for the first time since the Brexit vote JPMorgan has upgraded U.K. stocks to “overweight,” ending years of caution on British equity markets which the bank said are now trading at a “record...ECB member says inflation could be nearing the bank’s taper targetThe European Central Bank could be approaching its inflation target of 2% over the medium term, a member of the executive board told CNBC as...Bvlgari Hotel Paris to open on 2nd December 2021Bvlgari Hotels & Resorts announce the opening of the Bvlgari Hotel Paris at 30 Avenue George V, 75008, Paris on December 2nd, 2021. This new...Chip maker TSMC, Sony partner on new plant in JapanTaiwanese chip giant TSMC will partner with Sony on a new $7 billion plant in Japan, the firms announced Tuesday, as an ongoing global semiconductor...Adnoc Drilling profit jumps 48% on higher revenueAdnoc's drilling subsidiary reported a 48 per cent increase in third-quarter net profit, backed by its onshore and oilfield services segments.Net profit climbed to $178...Marks & Spencer shares soar after upbeat profit outlookBritain’s Marks & Spencer raised its profit forecast for the second time in less than three months on Wednesday. This sent its shares surging by...High Demand Continues – Heidelberg Sells 1,000th Printing Unit of New Speedmaster CX 104 to Swedish Packaging PrinterIn its core business, Heidelberger Druckmaschinen AG (Heidelberg) is seeing a growing global recovery that is making customers keen to invest in the latest technologies...How to Save Money on Your Business’s Office Supplies?Whether you’re running a large or small company, you must spend watchfully. If you own or manage a business, you may fail to consider how...Rolls-Royce gets funding to develop mini nuclear reactorsRolls-Royce has been backed by a consortium of private investors and the UK government to develop small nuclear reactors to generate cleaner energy.The creation of...Evergrande: Crisis-hit developer raises more cash as new deadline loomsCash-strapped Chinese real estate giant Evergrande has raised around $145m (£107m) just before a deadline for a fresh debt interest payment.The company has sold a...Chinese auto giant Geely launches electric truck, its rival to Tesla’s SemiChina’s Geely on Monday launched a new electric semi truck as automakers look to bring new technology to the commercial vehicles market.Geely’s commercial vehicle group,...You don't really need to upgrade from Windows 10 to Windows 11 (not yet, anyway)Windows 11 began its rollout to eligible devices on Oct. 5, meaning that Windows 10 is slowly on the way out. Microsoft has announced that...Toshiba to split business into three companies: reportToshiba plans to split into three companies as early as 2023, a report said Tuesday, after a series of crises at the firm including the...Inchconnachan: The British island where wallabies ruleOnce the rural retreat of a powerboat-racing countess, this uninhabited isle is now a slow-travel paradise that's home to Scotland's most exotic mammal.There is no...Whistle-blower claims Facebook amplified extremismA Facebook whistle-blower has said the social media giant's practices amplified “extremism and polarisation”. Frances Haugen, a former Facebook engineer, told a European Parliament committee...UAE salaries and hiring to increase in 2022, Mercer saysEmployers in the UAE are set to go on a hiring spree in 2022 and raise salaries by an average 3.6 per cent as demand...