Sam Bankman-Fried earned a reputation as saviour of the crypto industry when he bailed out two platforms earlier this year. But when FTX, the exchange he co-founded and led until ...
Elon Musk’s revelation that Twitter has suffered a “massive” revenue drop since he took over 10 days ago underscores the precarious nature of the social media company’s finances after ...
Household cash is near record levels in the United States, and consumers are using it to pack restaurants and airplanes and buy new cars. Jobs are there for the taking. ...
Meta Platforms Inc (META.O) is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with ...
Ratings agency S&P on Friday raised Qatar’s long-term sovereign credit rating to “AA” from “AA-“, citing improvements in the government’s fiscal position.
“Qatar’s debt interest ...
American technology giant Apple continued to dominate the tablet market during the third quarter of the year, with a 40.7 per cent share, according to a report released this week by ...
Warner Bros Discovery (WBD.O) posted a quarterly loss on Thursday that missed Wall Street targets due to restructuring of the combined media company, but investor concerns were tempered by ...
By Maria Demertzis
Talking about engaging with Russia while the war in Ukraine grinds on is both difficult and hard to justify. However, the day will come when Putin is ...
EBay Inc’s (EBAY.O) quarterly results beat Wall Street targets on Wednesday as inflation-wary shoppers snapped up refurbished goods and the ecommerce platform reaped the benefits of expanding its ...
WhatsApp is globally rolling out a feature called Communities to organize various chat groups in larger structures, as well as other features such as bigger group video calls and in-chat ...
British new car registrations rose for the third consecutive month in October, up by around a quarter, according to preliminary industry data released on Friday.
The Society of Motor Manufacturers ...
Russia wants the West to ease restrictions on state agriculture lender Rosselkhozbank to facilitate Russian grain exports, according to four sources familiar with the request, made during talks to extend ...
The biggest downturn since January 2021 hit British services companies last month, although it was not as severe as first estimated, according to a business survey that underlined the tough times ...
Dubai’s Emirates has suspended flights to Nigeria for the second time since September citing an inability to repatriate funds from Africa’s biggest economy, the airline said on Thursday.
...
Advertisers are grappling with Twitter’s new ownership under Tesla boss Elon Musk, who once tweeted “I hate advertising”.
Below are reactions from some of the companies:
Ford Motor Co (...
Robinhood Inc (HOOD.O) posted a smaller-than-expected quarterly loss on Wednesday as the brokerage’s margin trading business benefited from rising interest rates, while increased volatility in the markets helped ...
Egypt’s non-oil private sector remained deep in contraction in October, the 23rd straight month of decline, a survey showed on Thursday.
The S&P Global Egypt Purchasing Managers’ ...
Qatar’s central bank said on Wednesday it will increase its interest rates by between 50 and 75 basis points, following the US Federal Reserve’s latest rate hike.
The Central Bank ...
Microsoft Corp (MSFT.O) said on Thursday it would extend technology support for Ukraine free of charge through 2023, as Russia’s invasion of the country drags on.
Microsoft said it ...
Turkish President Tayyip Erdogan said he may negotiate with Twitter’s new boss Elon Musk to avoid paying the monthly $8 charge for the “verified” badge.
After buying Twitter for $44 billion ...
Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing company seemed to be taking steps toward improving its work culture, but that its business ...
Turkish annual inflation climbed to a new 24-year high of 85.51 per cent in October, official data showed on Thursday, slightly below forecast, after the central bank cut its policy rate ...
The United Arab Emirates’ non-oil private sector picked up again in October, growing at a pace close to August’s three-year high, while employment expanded at its fastest in six ...
Meta Platforms (META.O) on Wednesday said it was adding a host of new features to Instagram, including a tool to trade digital collectibles, in a move that will help ...