
UAE's Abu Dhabi sees strong industrial sector growth amid diversification push
(Corrects figure in third paragraph to 172 billion dirhams, not 171 billion dirhams in third paragraph) By Rachna Uppal ABU
2023-07-19 22:57

Carvana stock surges 30% after it reaches a massive debt reduction deal
Shares of Carvana, the online used-car seller known for its tall, glass car-vending machines, surged by more than 30% in early trading Wednesday after the company reached a debt restructuring agreement.
2023-07-19 22:55

Senators introduce bipartisan ban on stock ownership for executive and legislative branch office holders and their families
New York Democratic Sen. Kirsten Gillibrand and Missouri Republican Sen. Josh Hawley are introducing bipartisan legislation that would prevent members of the executive and legislative branches — as well as their spouses and children — from trading individual company stocks.
2023-07-19 22:47

Biden uses clips of Marjorie Taylor Greene speech for new campaign ad
President Joe Biden on Tuesday posted a campaign ad promoting his legislative wins by using clips from a recent speech GOP Rep. Marjorie Taylor Greene gave at the Turning Point Action Conference where she compared Biden to Franklin D. Roosevelt and Lyndon B. Johnson.
2023-07-19 21:54

Gucci CEO to step down as parent company chases the global luxury boom
The president and CEO of Gucci will step down later this year as part of a leadership overhaul at its French parent company Kering aimed at capturing more of the booming global market in luxury goods.
2023-07-19 21:52

Kering Said to Tap Defense Advisers as Activist Bluebell Circles
Kering SA is speaking to defense advisers as activist investors including Bluebell Capital Partners Ltd. circle the French
2023-07-19 21:23

Europe Gas Swings as Heat Risks Overshadow Ample Fuel Supplies
European natural gas prices fluctuated between gains and losses on Wednesday as traders weighed rising storage levels and
2023-07-19 21:21

Halliburton, Baker Hughes beat on profit estimates, shares fall on outlook
By Arathy Somasekhar and Sourasis Bose (Reuters) -Halliburton Co and Baker Hughes on Wednesday reported results that beat analysts' estimates
2023-07-19 21:15

Russia hits critical port facilities in Odesa after Kremlin halts grain deal
Russia unleashed intense overnight drone and missile attacks that officials said damaged critical port infrastructure in southern Ukraine, including grain and oil terminals, and wounded at least 12 people
2023-07-19 20:54

How do residuals work for streaming services? 'This is Us' actress Mandy Moore says she received 'tiny 81-cent checks' for hit show
Mandy Moore joins the SAG-AFTRA and WGA strikes and reveals that she received streaming residuals as low as one penny to 81 cents for 'This is Us'
2023-07-19 20:48

IMF Board Member Expects Sri Lanka to Pass First Bailout Review
Sri Lanka stands a strong chance of passing the first review of its $3 billion bailout given falling
2023-07-19 20:45

Goldman Sachs Profit Tumbles on Real Estate Hits, Banking Slump
Goldman Sachs Group Inc.’s profit plunged as the Wall Street giant notched one of its weakest quarters under
2023-07-19 19:52