IBM shares are on course for their worst trading session in decades after the tech giant warned customers are redirecting spending toward AI infrastructure and away from software. The selloff wiped more
Net foreign direct investment (FDI) inflows to Saudi Arabia rose 5.6% to 9.5 billion riyals ($2.53 billion) in the first quarter of 2024, according to government data released on Sunday. This marks
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European firms have committed to deals valued at more than 40 billion euros ($42.85 billion) with Egyptian partners, as announced by EU Commission President Ursula von der Leyen at an investment conference
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Britain’s economy showed a stronger-than-expected rebound from recession in the first quarter of this year, according to revised data released on Friday by the Office for National Statistics. Gross domestic product (GDP)
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PM Rishi Sunak Condemns Racial Slur by Reform UK Supporter, Demands Accountability from Nigel Farage
British Prime Minister Rishi Sunak expressed his hurt and anger over a racial slur directed at him by a supporter of Nigel Farage’s right-wing Reform UK party. Sunak felt compelled to address
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Prince Harry was ordered on Thursday to conduct wider searches for emails, text messages, and other relevant material in his lawsuit against Rupert Murdoch’s UK newspaper arm. This decision comes amid concerns
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Qatar Airways in Talks to Acquire 20% Stake in Virgin Australia Amid Market Share Battle with Qantas
Qatar Airways is in discussions to acquire up to a 20% stake in Virgin Australia, which is currently owned by Bain Capital. This development was reported by the Australian Financial Review (AFR)
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Crude oil prices remained stable on Tuesday as investors closely watched summer driving demand and anticipated U.S. inflation data expected later in the week. By 10:52 a.m. ET (1452 GMT), Brent futures
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University of East Anglia Hayk Ghazaryan’s journey began with a profound interest in the business world at the Norwich Business School at the University of East Anglia in Norwich, UK. Majoring in
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Nigel Farage, leader of Britain’s right-wing Reform UK party, attributed the Russian invasion of Ukraine to the eastward expansion of the European Union and NATO. During a BBC interview aired on Friday,
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Following UBS‘s takeover of Credit Suisse last year, global banks are expanding in Switzerland to capitalize on companies’ desire to diversify their banking relationships. Major players such as France’s BNP Paribas, Deutsche
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