UAE attracts record $23 billion in foreign investment in 2022 – UN report
DUBAI (Reuters) – Foreign direct investment (FDI) flows into the United Arab Emirates rose 10% in 2022 from the previous…
Business
US new vehicle sales rise on strong demand, better supply
By Pratyush Thakur and Shivansh Tiwary (Reuters) -New vehicle sales in the United States for top global automakers rose in…
ThyssenKrupp’s Nucera valued at 2.5 billion euros in IPO
(Reuters) – Hydrogen firm ThyssenKrupp Nucera has priced its initial public offering at 20 euros ($21.72) per share, implying a…
Audi to unveil electric vehicle manufacturing plans in Mexico -sources
By Daina Beth Solomon and Dave Graham MEXICO CITY (Reuters) -German carmaker Audi is this month scheduled to announce plans…
Canada’s financial watchdog releases guidelines to give mortgage holders tailored support
(Reuters) – Canada’s financial watchdog on Wednesday released new guidelines for lenders aimed at protecting mortgage holders facing high borrowing…
Germany approves first draft of 2024 budget focused on ‘fiscal realities’
BERLIN (Reuters) -Germany’s cabinet approved the first draft of its 2024 budget and financial plans through 2027, the finance ministry…
Canada’s Quebecor to pull its ads from Facebook, Instagram
(Reuters) -Quebecor said on Wednesday it will pull its ads from Facebook and Instagram, following Meta Platforms’ decision to stop…
Eurozone blue-chips slide on China weakness, rate worries
By Amruta Khandekar and Shreyashi Sanyal (Reuters) -Eurozone blue-chip stocks fell on Wednesday as tech shares were pressured ahead of…
Mars to buy healthy food maker Kevin’s Natural Foods
By Anirban Sen and Abigail Summerville NEW YORK (Reuters) -Family-owned food giant Mars Inc on Wednesday agreed to buy Kevin’s…
Duke Energy to sell distributed generation portfolio in $364 million deal
(Reuters) – Utility firm Duke Energy said on Wednesday it would sell its commercial distributed generation business to private equity…