Brazil’s economy shows signs of rebound in Q3
The GDP of South America’s number one economy has surged a record 9 percent in the third quarter
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Samsung Heavy Industries secures $2.5 billion major ship block deal
The equipment and the ship blocks are scheduled for delivery by 2025
Saudi plans to become the largest exporter of hydrogen
The Kingdom shipped the world’s first blue hydrogen cargo to Japan in September
AI adoption in healthcare is surging, says experts
The survey result also indicates that confidence in AI is burgeoning, with two-thirds of the respondents believe that it has the potential to process medical
Spanish banks focus on mergers due to fear over another economic crisis
The country’s second largest bank BBVA is mulling a possible tie up with Banco Sabadell
European oil refiners mull permanent closures of refinery units
Petroineos is planning to permanently close down a few of its units at the 210,000-bpd Grangemouth refinery in Scotland
UAE central bank’s total assets surge 2 percent in Q3
Resident deposits surged by 6.4 percent annually and the non-resident deposits slumped 0.8 percent
Mainland China home buyers shift focus to Singapore and Portugal
Property investors from mainland China have shifted to Porto and Lisbon as the Portuguese government plans to remove the golden visa programme in 2021
Edinburgh’s Modulr receives £9 million funding from PayPal
The company has developed capabilities to settle and hold funds at the Bank of England after it became a participant of BACS
Zurich, Paris, Hong Kong recognised as the most expensive cities
They have surpassed Singapore and Osaka, while Damascus is the lowest in terms of cost of living