Archive of Business
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India continues fighting inflation with slower rate hike
India’s central bank reiterated its resolve to fight inflation, while slowing the pace of increase in borrowing costs in a signal it’s nearing the ... Economy -
Microsoft agrees to 10-year Call of Duty deal with Nintendo
Microsoft Corp. and Nintendo Co. agreed to a 10-year deal to bring Call of Duty to Nintendo gaming platforms, signaling a willingness to share one of ... Technology -
China’s trade shrinks sharply as feeble demand, domestic COVID-19 woes take toll
China’s exports and imports shrank at a much steeper-than-expected pace in November, as feeble global and domestic demand, COVID-induced production ... Economy -
Oil tankers queuing to transit Turkish straits face more delays: Sources
At least 20 oil tankers queuing off Turkey to cross from Russia’s Black Sea ports to the Mediterranean face more delays as operators race to adhere to ... World News -
Russia considers oil price floor in response to G7
Russia is considering setting a price floor for its international oil sales as a response to a cap that the G7 nations set out last week.Moscow is ... Business -
Libya urges foreign oil and gas partners to resume exploration and production
Libya’s state energy firm urged its foreign oil and gas partners to resume exploration and production Tuesday assuring them security had begun to ... Energy -
Russia says oil price cap ‘not a tragedy’
Russia expressed confidence Tuesday it would find new buyers for its oil, saying the imposition of a price cap on its exports by the West over Ukraine ... Energy -
Sony says it has technology for humanoid robots, just looking for effective use
Japanese electronics and entertainment conglomerate Sony Group Corp said on Tuesday it has the technology to make humanoid robots quickly once it has ... Technology -
Airlines to return to profitability in 2023 after COVID-19 restrictions ease: IATA
The airline industry will become profitable again next year for the first time since 2019 as a snapback in air travel continues following nearly two ... Aviation & Transport -
DIFC reaffirms position as region’s global FinTech and innovation hub
Dubai International Financial Center (DIFC), the leading global financial center in the Middle East, Africa and South Asia (MEASA) region, announced ... Technology