(Bloomberg) –Travis Kalanick sold about 20% of his stake in Uber Technologies Inc. last week. Kalanick, 43, a director at the ride-hailing company, sold 20.3 million...
(Bloomberg) –Oil fell as equity markets faltered on concern chances of a U.S.-China trade settlement are slipping away. Futures in New York fell 0.7% on Monday....
(Bloomberg) –Dubai is deflating its economy to squeeze out growth. The emirate’s selling prices dropped last month at the fastest pace since February 2016, according to...
(Bloomberg) –Alibaba Group Holding Ltd. logged more than 268 billion yuan ($38.3 billion) of purchases during its Singles’ Day bonanza, exceeding last year’s record haul after...
Saudi Arabia’s Premium Residency Center (SAPRC) has granted premium residency to 73 applicants who met the criteria. In an official statement on Monday, the Center said...
(Bloomberg) — India’s factory output shrank to the lowest level in eight years, as a sharp fall in capital goods production underlined weak demand in Asia’s third-largest...
(Bloomberg Opinion) –The economy has battled a lot of headwinds during the past year. Trade wars. The lagging impact of the Federal Reserve’s interest-rate hikes. A...
(Bloomberg) — The U.S.’s historic economic expansion has so enriched one-percenters they now hold almost as much wealth as the middle- and upper-middle classes combined. The...
(Bloomberg) –Stocks in Kuwait and Saudi Arabia rose the most in the Gulf as investors reacted positively to a review by index compiler MSCI Inc. late...
The overall assets of commercial banks in the United Arab Emirates swelled to AED 2.457 trillion by the end of September 2019, revealed statistics by the...
