Economy – Page 76 – Arab Daily Digital

Alibaba unveils split-up plans

The report also mentioned that the company sees the creation of the six businesses as a way to be more agile….reports Asian Lite News Chinese tech giant Alibaba on Tuesday said that

30 March 2023

Business·China·Economy

‘Global economy at risk from Banking turmoil’

IMF chief said it was clear that risks to financial stability had increased after the recent collapse of Silicon Valley Bank and the Swiss-government brokered rescue of Credit Suisse by UBS…reports Asian

28 March 2023

Business·Economy·World News

Qatar-based Al-Abdullah Group bets big on Kabira Mobility

In line with its growth strategy, Kabira Mobility is intensifying and reinforcing its dedication to innovation and investing in research and development for its products…reports Asian Lite News Kabira Mobility , a

21 March 2023

Arab News·Business·Economy

Renault Nissan inks deal with Kamarajar Port

The Renault Nissan Alliance was the first car manufacturer in the region to commence exports of cars through Kamarajar Port….reports Asian Lite News The Renault Nissan Alliance has signed an agreement with

21 March 2023

Business·Economy

Swiss banking giant UBS to buy Credit Suisse

The combination is expected to create a business with more than $5 trillion in total invested assets and sustainable value opportunities…reports Asian Lite News Credit Suisse will be taken over by Swiss

21 March 2023

Business·Economy

Banking fears spread across global markets

Shares of embattled Swiss lender Credit Suisse were down by more than 20 per cent after its biggest shareholder chose not to increase funding…reports Asian Lite News The US’ Dow opened the

16 March 2023

Business·Economy

Al Marri: UAE supports efforts for economic integration

The Minister of Economy added that the UAE reinforced its ability to serve as a strategic partner to India by establishing itself as a leading provider of logistics…reports Asian Lite News Abdullah

15 March 2023

-Top News·Economy·UAE News

Bank failures hammer global crypto market

Two crypto-friendly banks Silvergate Capital and Signature Bank collapsed last week, and billions of dollars belonging to crypto exchanges got stuck….reports Asian Lite News The collapse of three banks in the US,

14 March 2023

Business·Economy·Technology

Job cuts to hit education sector

Edtech companies laid off most employees, with 18 edtech startups firing more than 8,200 workers…reports Asian Lite News Top chief financial officers (CFOs) have warned about job cuts across the board in

6 March 2023

Business·Economy·Education

Uncertainties in post Covid economic recovery

Domestically, consumption momentum is clearly fading, and capex could follow suit amid slowing prices, rising cost of capital and slowing consumption and exports, it added…reports Sanjeev Sharma Overall, post-Covid economic recovery may

5 March 2023

Business·COVID-19·Economy

Economy - Page 76