Gulf banks see record profits as region’s net interest income increases
With a 6.3% increase in net interest income to USD 2.5 billion, Kuwaiti banks led this growth...
Category : Featured
Electricity price hike in South Africa to hit vulnerable social housing tenants hard
A large contingent of social housing tenants is being excluded from these benefits and will be made even more vulnerable upon implementing the 40% electricity tariff increase...
How to rebuild credit after bankruptcy
It will take some time to rebuild your credit score post-bankruptcy, so practising patience will be key here...
Samsung finalises deal with General Motors to build joint battery factory in US
Shares of Samsung SDI rose as much as 3.2% in morning trade, versus benchmark KOSPI's 0.3% fall...
Business Leader of the Week: Under Michael Lohscheller, Polestar eyes profitability by 2025
Over the past ten years, Michael Lohscheller has served as CEO of multiple other automakers...
UK shop prices dip for first time in nearly three years, survey shows
Prices in large retail chains were the subject of the BRC survey from August 1 to August 7...
IF Insights: Canada launches ‘tariff missile’ against China
Tesla sold 36,900 EVs in Canada in 2023, compared with 24,400 in 2022...
Win for Africa as continent’s quest for fair global tax talks bears fruit
Africans have been saying that the current tax system is unfair in the sense that it is biased towards rich countries or developed countries...
Start-up of the Week: Through its ‘Digital Twin’, We4Sea is reinventing ship performance monitoring
We4Sea introduced a new 'Pre-Charter Assessment' mechanism in the domain of the sea freight business, realising the importance of improving the performances of newly added time-chartered vessels...
In major policy change, Baghdad shifts to profit sharing with oil & gas deals
In 2023, the total deal was heralded as a breakthrough in attracting Western majors back to Baghdad...