Vandana Srinivas
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Technology
US President Joe Biden signs bill to boost US chipmakers as a competition to China
President Joe Biden signed a bipartisan bill on Tuesday that aims to boost the United States’ competitiveness with China by…
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Business
Dubai’s DIFC launches region’s first global centre for the ultra-wealthy family businesses
In an effort to increase its contribution to the emirate’s economy by 2030, the Dubai International Financial Centre is establishing…
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Technology
Udrive, the UAE-based car rental service reveals plans to expand to Saudi Arabia
Udrive, a devoted pay-per-minute and daily vehicle rental platform based in the UAE has announced its launch into Saudi Arabia.…
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Health Care
Pfizer acquires Global Blood Therapeutics in a $5.4 Billion deal
Pfizer Inc agreed to pay $5.4 billion in cash for acquiring Global Blood Therapeutics to bolster its pipeline, as it…
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Energy
Oil giant BP reports huge profits in Q2
BP, the United Kingdom’s largest oil company, increased its dividend and increased share buybacks on Tuesday after doubling second-quarter earnings…
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Banking
The US Fed vows ‘no surrender in inflation battle’
The Federal Reserve warned on Wednesday that it would not back down in its fight against the most severe outbreak…
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Business
Alibaba applies for dual primary listing in Hong Kong
Alibaba intends to add a primary listing in Hong Kong to its New York presence, seeking mainland Chinese investors as…
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Health Care
WHO declares public health emergency over global monkeypox outbreak
The fast-growing monkeypox outbreak is a global health emergency, according to World Health Organization Director-General Tedros Adhanom Ghebreyesus on Saturday.…
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Real Estate
New Real Estate law in Dubai to boost foreign investments in the sector
Dubai has enacted a new law to govern the issuance of Musataha rights on commercial sites in the emirate. For…
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Energy
Russia resumes gas supply to Europe via Nord Stream
After a 10-day interruption, Russia started flowing gas through its largest pipeline to Europe on Thursday, the operator said, assuaging…
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