Despite AI boom, energy shock to weigh on 2027 global economic outlook, says OECD
As per the OECD, after 2025's 3.4% GDP growth, the global economy...
GBO Correspondent
Dubai tenants switching homes for lower rents, says agency analysis
An analysis by fam Properties of Dubai Land Department tenancy registrations shows...
Global energy crisis to result in near 70% rise in biofuel output by 2030, says study
As per the estimates of Chatham House and the Forest Stewardship Council...
Big blow for UBS as Swiss upper house backs 90% CET1 capital plan
UBS CEO Sergio Ermotti and Chairman Colm Kelleher opposed the move, stating...
Saudi restarts East-West Pipeline, to resume exports from the Yanbu port
Drone attacks by the militants forced the Kingdom to shut its East-West...
UBS CEO Ermotti rejects 90% CET1 proposal as ‘no real compromise’ ahead of Swiss vote
The UBS CEO has been aggressively supporting a compromise proposal that would...
No additional job cuts: Porsche CEO rejects report of 4,000 more redundancies
Michael Leiters dismissed talks about Volkswagen's supervisory board viewing another 4,100 jobs...
Nvidia rival AMD joins USD 1 trillion club, continues its stock market rebound
AMD has accelerated its AI product launches and transformed its business model...
Skoda Chief Klaus Zellmer named new CEO of struggling Volvo Cars
Zellmer, an industry veteran with over 30 years of experience, will start...
QIA, JP Morgan announce partnership as wealth fund eyes overseas expansion
The strategic partnership will include a USD 15 billion public equities mandate,...