Economy
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China e-commerce giant Alibaba outlines future strategy by unlocking group’s value
The CEO of Chinese e-commerce and financial giant Alibaba said on Thursday that the company is moving toward giving up…
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Adani pulls back on grand ambitions in new sectors after Hindenburg report bombshell
Two months on from its explosive report into Gautam Adani’s acquisitive conglomerate, short seller Hindenburg Research has left the Indian…
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IMF chief urges countries in stronger position to help others with debt woes
Countries in a relatively stronger position should help vulnerable nations especially those under debt distress, International Monetary Fund managing director…
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Qantas, Airbus to invest $1.3 mln in Australian biofuel refinery
Qantas Airways Ltd and Airbus SE will jointly invest A$2 million ($1.34 million) in a biofuel refinery being set up…
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Prince Faisal at FII Priority: Gaming thrives in Saudi Arabia, offering new careers
The Chairman of the Saudi Esports Federation Prince Faisal bin Bandar bin Sultan highlighted, in a panel at the FII…
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First Solar among winners of India’s $2.4 bln green push to step up domestic output
First Solar Inc. and Avaada Group are among winners of India’s $2.4 billion (195 billion rupees) in incentives to encourage…
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Adani Group stocks drop on renewed concerns over ability to repay its debt
Adani Group stocks slumped to erase over 523 billion rupees ($6.4 billion) in market value on Tuesday, the biggest decline…
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Bahrain’s economic growth hits fastest in almost a decade, fueled by non-oil sector
Bahrain’s economy grew at the fastest pace since 2013 last year, fueled by an acceleration in non-oil growth, according to…
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New bail agreement reached between Sam Bankman-Fried, US prosecutors
Lawyers for Sam Bankman-Fried said they reached an agreement with US prosecutors on Monday on revised bail conditions, after a judge raised…
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Global Investments in renewable energies must quadruple to meet climate target: IRENA
Global investments in energy transition technologies must more than quadruple annually to stay in line with commitments made under the…
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