by Jibran Munaf | November 15, 2024 | Retail
China reported a notable 4.8% year-on-year increase in retail sales for October, surpassing the 3.8% forecast and marking an improvement from September’s 3.2% growth. This growth highlights the impact of recent stimulus efforts aimed at boosting the economy. However,...
by Jibran Munaf | November 15, 2024 | Technology
Samsung Electronics Co., the world’s largest producer of memory chips and smartphones, experienced its sharpest stock rally in nearly four years, with shares climbing as much as 8.6% on Friday. The surge ends a five-day losing streak and is attributed to growing...
by Jibran Munaf | November 14, 2024 | News
Salaries in the UAE are expected to increase by an average of 4% across industries in 2025, according to Mercer’s annual Total Remuneration Survey. The survey, which included over 700 companies across sectors like energy, finance, and technology, also found that 28.2%...
by Jibran Munaf | November 14, 2024 | Economy
India’s Reserve Bank of India (RBI) Governor, Shaktikanta Das, cautioned that while global central banks have skillfully guided economies through recent shocks, risks of inflation re-emerging and economic growth slowing remain prevalent. Speaking at CNBC-TV18’s Global...
by Jibran Munaf | November 14, 2024 | Corporate Finance
The Walt Disney Company (DIS) reported stronger-than-expected fourth-quarter earnings on Thursday, driven by its direct-to-consumer (DTC) business, which reached profitability amidst an industry-wide pivot to streaming. Disney posted adjusted earnings of $1.14 per...
