A man enters the headquarters of Uber in San Francisco. Associated Press
Uber Technologies, the world’s largest ride-hailing company, plans an initial public offering (IPO) that values the company as much as one-third below what the startup’s insiders had hoped for, between $80.5 billion and $91.5 billion. Underscoring the company’s ability to generate revenue but also the scale of its losses,
The New York Police Department (NYPD) was trolled mercilessly on Twitter after it posted about "closely monitoring" the fire at the iconic Notre Dame Cathedral in Paris.
Global stock markets rose on Friday after JP Morgan›s results kicked off the US corporate earnings season in style, while signs of stabilisation in China›s economy also helped riskier assets on views the growth outlook worldwide is better than thought.
Stock markets rose on Tuesday to new six-month highs after reassuring data about the health of China›s economy and economic sentiment in Germany helped investors brush aside disappointing bank earnings. The latest leg higher in a three-month long global rally comes as a degree of calm has descended across financial markets,
Stock markets gained on Tuesday, with chipmakers and companies exposed to Asia among the best performers, after Washington temporarily eased trade restrictions imposed last week on China’s Huawei. In Europe, the broader Euro STOXX 600 climbed 0.6%,
His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, has launched the ‘Golden Card’ scheme to grant permanent residency benefits to investors, entrepreneurs, specialised talents, researchers, and outstanding students.
The Sensex on Tuesday ended 382 points in the red, after touching a record high of 39,572 minutes into the trade. The session started on a firm note with Sensex hitting a life-time high of 39,572, but it failed to hold on to the early gains and ended over 380 points lower.
ENOC Group’s EPPCO Lubricants has signed a three-year MoU with Al-Futtaim Auto & Machinery Company (FAMCO), the GCC’s largest construction and commercial vehicle distributor in a first-ever agreement with the Group to exclusively supply lubricants, coolants and greases for its UAE operations.