4,000 delegates to take part in World Energy Congress in Abu Dhabi

Abu Dhabi The upcoming World Energy Congress in Abu Dhabi will have 4,000 delegates including ministers and exhibitors from over 150 countries taking part, the UAE Organising Committee said on Wednesday during a media press conference announcing the event’s latest details. Held in the Middle East for the first time, the event will take place […]

The US-China trade war is ruining Christmas for toymakers

Shanghai Chinese factories are normally at their busiest during the third quarter, cranking out production of everything from Barbie dolls to miniature trucks in time to ship them over the ocean to the US ahead of the all-important holiday shopping season. This year’s different. Even with President Donald Trump delaying tariffs on $160 billion of […]

Firms facing 504 hacking threats per minute: McAfee

New Delhi: The businesses are witnessing 504 new cyber security threats every minute and ransomware has grown 118 per cent as hackers adopt new tactics and code innovations to steal data globally, a new report said on Wednesday. More than two billion stolen account credentials were made available in the underground market in the first […]

Indian rupee posts biggest single-day gain in 5 months on RBI dividend

Mumbai:The rupee on Tuesday spurted by 54 paise, its biggest single-day gain in more than five months, to close at a one-week high of 71.48 against the US dollar, boosted by positive sentiment over the fiscal situation. The Reserve Bank’s decision to transfer a record $24 billion dividend and surplus reserves to the government revived […]

Ride-hailing firm Grab says to invest $500 million in Vietnam over 5 years

Ride-hailing firm Grab announced on Wednesday it will invest $500 million in Vietnam over the next five years to expand its services in the Southeast Asian country. The company will expand its transport, food and payments networks in the country, Grab said in a statement. “This investment is a reflection of our redoubled commitment to […]