Browsing: Business

In a recent address to the diplomatic corps and students in the Dominican Republic, External Affairs Minister S Jaishankar underscored the burgeoning relationship between India and Latin America. He stated that the once-distant region is now firmly on India’s radar,

In a significant financial development, the Nikkei, Japan’s premier stock index, surged to an eight-month high, driven by the Bank of Japan’s (BOJ) decision to sustain its ultra-easy monetary policy. The central bank’s move, along with a series of robust

ADNOC Logistics & Services (ADNOC L&S) is advancing its global footprint with the successful docking of its LNG carrier, Ish, at the AG&P Philippines LNG (PHLNG) Import Terminal in Batangas Bay. This marks a significant expansion of the company’s operations,

South Korea has reinstated Japan on its “white list” of trusted trading partners, a significant step towards mending their bilateral economic and diplomatic ties. Three years ago, Japan was removed from the list, which grants expedited trade processes for approved

Canadian pension investment manager British Columbia Investment Management Corporation (BCI) and Abu Dhabi-based sovereign investor Mubadala Investment Company have joined as anchor investors in Cube Highways Trust (CHT), an infrastructure investment trust (InvIT) in India. Cube Highways Fund Advisors Private

Dubai Aerospace Enterprise (DAE) revealed today that its Board of Directors and Shareholders have approved an additional $300 million for bond repurchases through open market transactions. This move follows DAE’s previous repurchases of around US$1.13 billion of principal amount of

Abu Dhabi Ports (AD Ports) Group has launched a new weekly container shipping service from Khalifa Port in the UAE to Shuwaikh Port in Kuwait to improve connectivity and facilitate trade between the two countries. The inaugural visit of the

Gold prices remained close to one-year highs on Friday, fueled by recent US economic data that suggested the Federal Reserve may be nearing the end of its rate-hiking cycle. This drove non-yielding bullion towards a second consecutive weekly increase. Spot

World Bank Group President David Malpass and IMF Managing Director Kristalina Georgieva will launch the 2023 Spring Meetings in Washington, D.C. with a discussion on the complex challenges facing the global economy. The meetings will take place from April 10th

Costco Wholesale Corp. witnessed a decline in its shares following the company’s slowest growth in US sales in nearly three years. The monthly sales gauge registered a second consecutive slowdown, raising concerns about the robustness of US consumers. In March,