Google has entered into its largest carbon-removal commitment so far, backing a major climate project in Brazil that brings together two different approaches to reducing greenhouse-gas emissions. The initiative, being…
Global equity markets moved higher on Wednesday as investors positioned themselves ahead of the U.S. Federal Reserve’s latest interest-rate decision. A retreat in crude oil prices provided some relief to…
Emaar Properties is set to distribute a special dividend of Dh4.4 billion to its shareholders following approval by the company’s board. The proposed distribution represents Dh0.50 per share and is intended to…
General Motors is moving to reinforce its manufacturing presence in Canada with a proposed investment package worth about C$1.1 billion, giving thousands of workers and several Ontario facilities greater certainty…
Venezuela is preparing for a major restructuring of its energy sector through a proposed 25-year partnership with the United States, opening the door to large-scale foreign investment aimed at rebuilding…
Abu Dhabi National Energy Company (TAQA) is preparing to exit the Abu Dhabi Securities Exchange (ADX) after Abu Dhabi Power Corporation (ADPC) completed the acquisition of the remaining shares, giving…
India has emerged as an important source of petrol for Russia as repeated Ukrainian drone attacks on Russian oil refineries have disrupted domestic fuel production and pushed Moscow to rely…
The United Arab Emirates and Lebanon are creating a new institutional channel for private-sector cooperation, with the two sides agreeing to establish a joint business council aimed at increasing investment,…
The global economy is entering a new phase of the artificial intelligence revolution, and the biggest business opportunities may no longer be limited to companies developing AI models. As governments,…
Abu Dhabi-listed Space42 has received approval from the Abu Dhabi Securities Exchange (ADX) to launch a share buyback programme covering as much as 2.5% of its issued share capital. The…
