Browsing: Business

TRUST International Group, a defence trading specialist and major supplier of premium solutions to the UAE Armed Forces and security establishments, has been acquired by EDGE Group. TRUST will become part of EDGE’s Trading and Mission Support cluster, complementing the

Parshottam Rupala, the Indian Minister of Fisheries, Animal Husbandry and Dairy Industry of the Central Government, said that India ranks third among the world’s fish producing nations with an eight percent contribution to the total global fish production.

Investors were watching for testimony from Federal Reserve Chair Jerome Powell on Monday as well as the February jobs report at the end of the week, which will likely influence how hawkish the central bank will be going forward. Dollar

During the third meeting of the Industrial Partnership for Sustainable Economic Development’s Higher Committee, companies from the UAE, Egypt, Jordan and Bahrain signed industrial agreements worth more than $2 billion. Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry

The northern plains of the USA are largely shutting down ahead of a major winter storm that could dump up to 2 feet of snow in some areas. This storm will be accompanied by strong winds and dangerously cold temperatures.

After talks with industry representatives, Economics Minister Robert Habeck said in Berlin that Germany should increase state support for wind turbines and solar plants. “We have to strengthen the production capacities for renewable energies and electricity grids in Germany and

Pakistani businessmen are warning the government that if the import levy is not lifted, millions will lose their jobs. They are urging the administration to allow materials stuck at the Karachi port into the country. Steel, textile, and pharmaceutical industries

By 2023, Adidas could lose 1.2 billion euros ($1.3 billion) in revenue if it cannot sell its existing Yeezy stock. Adidas shares fell 11% around 9 a.m. London time following the news. “The numbers speak for themselves. We are currently

JPMorgan Chase & Co.’s CEO Jamie Dimon cautioned against declaring victory too soon against inflation, warning the Federal Reserve might raise interest rates above 5% if prices remain “sticky.” Several Federal Reserve officials said more rate increases were on the

Since taking over Twitter, the world’s second-richest person Elon Musk has struggled to sell subscriptions. Musk took over Twitter in October, but subscriptions have been slow. He promised to revamp the company’s subscription revenue strategy. In 2021, Twitter Blue was