Alphabet in talks to buy cybersecurity start-up Wiz for USD 23 billion
Alphabet has decided against pursuing a takeover of HubSpot, a provider of online marketing software...
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Lebanon extends deadline for licensing round for offshore oil
The current tensions between Israel and Lebanon are jeopardising the 2022 agreement...
IF Insights: How Boeing’s guilty plea in DOJ probe will affect the company
As part of the plea deal, Boeing is supposed to pay a criminal fine of USD 243.6 million, doubling an earlier agreement...
UK Election Results: Labour Party registers landslide victory as Keir Starmer set to become next PM
Rishi Sunak had earlier conceded defeat and said he had called Keir Starmer to congratulate him on his victory...
Business Leader of the Week: Under Murray Auchincloss, BP prioritises profit over climate goals
Murray Auchincloss has taken up the CEO's role after the departure of his predecessor, Bernard Looney, with a promise to focus on delivering value for shareholders...
IF Insights: Despite strong sales data, challenges still aplenty for American electric vehicles sector
The price difference between internal combustion engines operating on fossil fuels and electric vehicles has shrunk so quickly that upfront sales prices are hardly different...
US unemployment claims decrease, easing labour market concerns
In May, the unemployment rate increased to 4.0% for the first time since January 2022...
Dar Global plans USD 300 million investment in American real estate market
Dar Global CEO said that Dar Global has been holding meetings with leading real estate developers, but he would not name the companies that it might collaborate with...
UVEF: A UOBAM Malaysia Fund managed by Vietnam expertise, focused on growth
UVEF targets Vietnam's telecommunications and infrastructure sectors, benefiting from increasing FDI and government investment in public projects...
Start-up of the Week: ZeroAvia, the future leader in green aviation
ZeroAvia's standout product has been its ZA600 engine, which has been tailored for 10-20 seat aircraft...