Major U.S. airlines Wednesday will defend a $54 billion COVID-19 government lifeline even as they face operational challenges and work to speed hiring to address rising demand.
A German supplier of chemicals and materials used in making semiconductors said on Tuesday that it is investing $1 billion in its U.S. operations and forming a joint venture with data analytics firm Palantir Technologies (PLTR.N) to solve chip industry supply chain problems.
Most stock markets in the Gulf rose in early trade on Tuesday, on receding worries about the impact of the Omicron coronavirus variant, with the Dubai index outperforming the region.
Uber Technologies (UBER.N) is in talks with the management of its Middle East unit Careem to bring outside investors into the business, four sources familiar with the matter said.
Samsung Electronics Co Ltd (005930.KS) will merge its mobile and consumer electronics divisions, the firm said on Tuesday, naming new co-chief executives in the biggest reshuffle since 2017 to simplify its structure and focus on the logic chip business.
LG Energy Solution (LGES) is likely to raise up to 12.8 trillion won ($10.87 billion) in what could be South Korea’s biggest initial public offering as the battery maker seeks funds to expand and meet booming demand for EV batteries.
BMW (BMWG.DE) has sold its one millionth electric vehicle (EV) – including purely electric and hybrid vehicles – and plans to reach two million sales of purely electric vehicles by 2025, the German carmaker said on Tuesday.
The United Arab Emirates said on Tuesday it would shift to a four and half-day working week with a Saturday-Sunday weekend from next year to better align its economy with global markets.
EU’s antitrust regulator is taking a deeper look into Microsoft Corp’s (MSFT.O) $16 billion deal for transcription technology company Nuance Communications Inc (NUAN.O), asking customers and competitors to draw up a list of concerns, according to a questionnaire from last month seen by Reuters.
Carmaker Stellantis (STLA.MI) plans to generate about 4 billion euros ($4.5 billion) in additional annual revenue by 2026 from software-enabled products and subscriptions and 20 billion euros by 2030, the company said on Tuesday.
Major U.S. airlines Wednesday will defend a $54 billion COVID-19 government lifeline even as they face operational challenges and work to speed hiring to address rising demand.
A German supplier of chemicals and materials used in making semiconductors said on Tuesday that it is investing $1 billion in its U.S. operations and forming a joint venture with data analytics firm Palantir Technologies (PLTR.N) to solve chip industry supply chain problems.
Most stock markets in the Gulf rose in early trade on Tuesday, on receding worries about the impact of the Omicron coronavirus variant, with the Dubai index outperforming the region.
Uber Technologies (UBER.N) is in talks with the management of its Middle East unit Careem to bring outside investors into the business, four sources familiar with the matter said.
Samsung Electronics Co Ltd (005930.KS) will merge its mobile and consumer electronics divisions, the firm said on Tuesday, naming new co-chief executives in the biggest reshuffle since 2017 to simplify its structure and focus on the logic chip business.
LG Energy Solution (LGES) is likely to raise up to 12.8 trillion won ($10.87 billion) in what could be South Korea’s biggest initial public offering as the battery maker seeks funds to expand and meet booming demand for EV batteries.
BMW (BMWG.DE) has sold its one millionth electric vehicle (EV) – including purely electric and hybrid vehicles – and plans to reach two million sales of purely electric vehicles by 2025, the German carmaker said on Tuesday.
The United Arab Emirates said on Tuesday it would shift to a four and half-day working week with a Saturday-Sunday weekend from next year to better align its economy with global markets.
EU’s antitrust regulator is taking a deeper look into Microsoft Corp’s (MSFT.O) $16 billion deal for transcription technology company Nuance Communications Inc (NUAN.O), asking customers and competitors to draw up a list of concerns, according to a questionnaire from last month seen by Reuters.
Carmaker Stellantis (STLA.MI) plans to generate about 4 billion euros ($4.5 billion) in additional annual revenue by 2026 from software-enabled products and subscriptions and 20 billion euros by 2030, the company said on Tuesday.
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