Iran war derails South African economy as GDP shrinks in second quarter
The GDP contracted 0.2%, mainly driven by output falls in the mining...
GBO Correspondent
Boost for Kingdom’s aviation sector as Flynas to buy Swissport Saudi’s 10% stake
Swissport Saudi Arabia will become Flynas' exclusive ground handling partner for five...
USD 54 billion into banks, insurers: China to execute massive capital-boosting push
China Life Insurance Group, the Asian giant's largest life insurer, will receive...
OPEC+ keeps oil output policy unchanged as Iran war disrupts production activities
The meeting of seven core OPEC+ members comes as the Iran war...
With dual-tranche dollar sukuk, Saudi returns to international Islamic debt markets
The five- and 10-year Islamic bonds give the Kingdom access to international...
Biggest job cut since COVID: Uber to lay off 10% of its staff
Uber's stock has underperformed the S&P 500 and rival Lyft so far...
Barclays launches Singapore booking centre to serve globally connected clients
Barclays, which already has a strong presence in Singapore, plans to consolidate...
AI boom puts data centres at heart of USD 31.6 trillion investment supercycle
PwC says annual data centre capex could rise to USD 1.8 trillion...
Nvidia bets USD 13 billion on Hugging Face in push beyond AI chips
The acquisition gives Nvidia control of a major open-AI developer ecosystem as...
Australia’s home prices fall for a fifth month, more trouble ahead
Latest figures from property consultant Cotality showed national home prices falling 0.9%...