PARIS: Ratings giant S&P Global said Monday that it had agreed to an all-stock merger with IHS Markit that values the data and analysis firm at $44 billion. “Through this exciting combination, we are able to better serve our markets and customers by creating new value and insights,” said Douglas Peterson, the CEO of S&P […]
In October 2003, the first China-made BMW 325i sedan rolled off a new production line owned by the German luxury brand and its joint venture partner, Brilliance, a subsidiary of provincially owned automaker Huachen Group. It was a milestone for the iconic Bavarian marque, whose cars proved massively popular in what became the world’s largest […]
Ordering food at home just got easier with a partnership between Mastercard and Delivery Hero to digitise payments, allowing hungry customers to pay for deliveries with a contactless payment or through a digital wallet. The deal will also speed up payments for delivery riders and to restaurants, spending up supply chain settlement and boosting financial […]
Their home buzzes with stories told over the course of four generations
Washington: Moderna Inc said it will apply for US and European emergency authorisation of its COVID-19 vaccine on Monday based on full results from a late-stage study showing its vaccine was 94.1% effective with no serious safety concerns. It also reported a 100% success rate in preventing severe cases. The filing sets Moderna’s product up […]
London: British telecommunications firms must not install new Huawei 5G kit after September 2021, the government said on Monday, as part of a plan to purge the Chinese firm’s equipment from high-speed mobile networks. Britain has already ordered all Huawei equipment to be removed from its 5G network by the end of 2027, falling in […]
Dubai: On the occasion of the 49th National Day of the UAE, country’s top bankers, finance professionals and business leaders shared their thoughts with Gulf News on the huge socio-economic transformation the country went through in the past and their aspirations for the nation in the years ahead. Occasion for reinforcing commitment to the nation, says ADGM […]
Organisation for Economic Cooperation releases latest forecasts
Nearly 17 million Covid-19 tests have been carried out in the country.
Bitcoin climbed to a record, taking less than three years to replicate the euphoric ascent that catapulted the cryptocurrency into the mainstream consciousness. The world’s largest digital-asset gained 7.2% to $19,577.47 on Monday, pushing this year’s surge to more than 150%, according to data compiled by Bloomberg. It traded at a few cents for several […]