Pedestrians stand near the ABB facility in Baden, Switzerland. Reuters
Euro zone stocks surged on Wednesday as investors piled into firms with big dividends on hopes European Central Bank chief nominee Christine Lagarde will maintain the ECB’s dovish stance, while Italian shares jumped over 2% on avoiding a EU sanction threat. The blue-chip eurozone STOXX index
PARIS: Airbus on Wednesday posted stronger-than-expected core second-quarter earnings, led by the switch to efficient new single-aisle jets, and maintained its profit forecast for the year while warning of delivery challenges in the second half. Europe’s largest aerospace group said second-quarter adjusted
Fast-growing insurer FWD is seeking to launch operations in China ahead of any initial public offering (IPO) and plans to bolster its non-life business in Asia, its chief executive said, as a potential shake-up looms in the region’s insurance sector. FWD, controlled by Richard Li, the entrepreneur and son of
Sephora was scheduled to close its US stores for an hour on Wednesday morning to host “inclusion workshops” for its 16,000 employees, just over a month after R&B star SZA said she had security called on her while shopping at a store in California. The beauty retailer said the training had been in development months
As part of its participation in Abu Dhabi Sustainability Week (ADSW) 2020, the UAE Space Agency discussed its continuous efforts for achieving a sustainable future, both through space exploration as well as the implementation of innovative space technologies.
Global stock markets rose on Friday, seemingly buoyed by high spirits on Wall Street, as new data suggested China’s economic slowdown may have stabilized and Washington and Beijing signed a trade deal.
In a major move Volkswagen (VW) to acquire 20 per cent stake in a Chinese battery maker. VW is set to buy a stake in Chinese electric vehicle battery maker Guoxuan High-tech Co, according to some sources.
The United Nations (UN) projects India’s economy to grow by 5.7 per cent in the current fiscal year and expects it to rise to 6.6 per cent in the next. The global body also suggested the county should uplift social conditions of labour class especially women.