Aerospace supplier Strata Manufacturing, a key player in efforts by oil producer Abu Dhabi to diversify into high-tech manufacturing, is chasing new income at a time of uncertainty about demand for plane parts. AL AIN, United Arab Emirates: Aerospace supplier Strata Manufacturing, a key player in efforts by oil producer […]
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Electric-car maker Fisker will go public through a merger with a blank check company backed by private equity firm Apollo Global Management Inc at a US$2.9 billion valuation, the companies said on Monday. REUTERS: Electric-car maker Fisker will go public through a merger with a blank check company backed by […]
Swiss sports shoe maker On, partly owned by tennis champion Roger Federer, denied on Monday a newspaper report that said it was making preparations for a stock exchange listing. VIENNA: Swiss sports shoe maker On, partly owned by tennis champion Roger Federer, denied on Monday a newspaper report that said […]
Apple Inc on Monday said it has allocated more than US$400 million of US$2.5 billion it pledged last year to stem California’s housing crisis. FILE PHOTO: Apple logo is seen on a Macbook in this illustration taken taken April 12, 2020. REUTERS: Apple Inc on Monday said it has […]
Spurs took a big step towards reaching the second-tier European competition with a 2-1 win against Arsenal on Sunday thanks to Toby Alderweireld’s late goal. Mourinho has already won the Europa League with Manchester United and with Porto – in its earlier guise as the UEFA Cup – and wants […]
TOKYO: Japan’s sumo association said Monday (Jul 13) it would allow fans to watch its July tournament at a Tokyo arena despite a recent spike in coronavirus cases in the capital. About 2,500 spectators a day, or 25 per cent of the indoor facility’s capacity, will be allowed to attend […]
DUBAI: The IMF on Monday (Jul 13) again sharply lowered its Middle East and North Africa economic forecast, to its lowest level in 50 years, over the “twin shock” of the coronavirus pandemic and low oil prices. The region’s economy will contract by 5.7 per cent this year, and shrink […]
Despite the overwhelming speeds at which the new fast-charging tech can charge your smartphone, there is also concern over the longevity of the battery. The smartphone market is evolving drastically and so is the need for fast charging. When customers consider buying a new smartphone, one of the key features […]
England centre Manu Tuilagi has joined Sale Sharks until the end of next season after leaving Leicester Tigers, the Premiership club announced on Monday. REUTERS: England centre Manu Tuilagi has joined Sale Sharks until the end of next season after leaving Leicester Tigers, the Premiership club announced on Monday. Tuilagi […]
NEW YORK: The Federal Reserve’s US$3 trillion bid to stave off an economic crisis in the wake of the coronavirus outbreak is fuelling excesses across US capital markets. The US central bank has pledged unlimited financial asset purchases to sustain market liquidity, increasing its balance sheet from US$4.2 trillion in […]