Browsing: Business

As forecasters warned of many months of contraction ahead, the British economy shrank in the three months to September, official statistics showed on Friday. Despite a smaller-than-expected contraction, gross domestic product fell by 0.2% between July and September, signaling the

The Clean Energy Business Council (CEBC) has welcomed Aldar Properties as a Partner member and will work closely with the organisation to improve energy efficiency. By connecting the public and private sectors, CEBC accelerates the transition towards clean energy in

Binance canceled its acquisition plans for FTX on Wednesday. Binance said in a tweet that it couldn’t help with the problems. FTX, which was valued at $32 billion earlier this year, is now at risk. Sam Bankman-Fried’s crypto empire is

In October, Jordan imported about 405,550 barrels of crude oil from Iraq, an average of 13,000 barrels per day. This is according to Dr. Saleh Kharabsheh, the Minister of Energy and Mineral Resources of Jordan. As he stated in a

In court documents, Twitter, now led by Elon Musk, is accused of violating federal and state laws that require 60 days’ notice of mass layoffs. In a lawsuit filed in San Francisco District Court, five current or former workers are

Asian stocks rose mostly on Friday, led by a 5.8% rise in Hong Kong’s Hang Seng Index on speculation Beijing might start easing pandemic restrictions. As a result of Thursday’s holiday, the Nikkei fell, catching up after Japan’s markets were

To meet the rising global demand for energy, ADNOC Drilling Company has awarded Integrated Drilling Fluids Services (IDFS) a five-year framework agreement valued at up to $1.6 billion. The agreement will help ADNOC expand its lower-cost and lower-carbon production capacity.

Indian Prime Minister Narendra Modi has said that India is moving toward becoming a global manufacturing hub with its cost-effective manufacturing capabilities, high-standard comparative environment and ease of doing business. In laying the foundation stone for the C-295MW transport aircraft

Two people familiar with the situation said Thursday night that Elon Musk had taken over Twitter and sacked the company’s chief executive, chief financial officer, and top lawyer. According to the Associated Press, the people would not confirm whether all

A recall of engine-related services forced Kia Corp, South Korea’s second-largest automaker, to cut its third-quarter net profit by 60 percent from a year ago. South Korea News Agency (Yonhap) reported that the company’s net profit for the three months