Puma shares drop to lowest in 6 yrs
Puma, the German sportswear giant, posted a drop of over eight per cent on Wednesday, its lowest since 2018,…
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Egypt transfers ownership of 13 closed govt. buildings to sovereign fund
Egypt approved moving the ownership of 13 governmental buildings to The Sovereign Fund of Egypt (TSFE), according…
Egyptian fund offers marketing support for SMEs
Egypt’s Social Fund for Development (SFD) announced it is offering full marketing support to uplift the small…
Samsung to lease its Russia factory
Samsung Electronics is planning on leasing its TV factory in Russia in light of a number of global companies…
LG Display posts 1st profit in 7 quarters
LG Display, South Korea’s flatscreen maker, posted its first profit in seven quarters amid increasing shipments of…
Sisi, Putin witness pouring concrete into 4th unit at Dabaa nuclear plant
Egyptian President Abdel Fattah al-Sisi witnessed the pouring of the first concrete into the foundation of the…
Zee shares drop 33% after Sony calls off deal
Zee Entertainment Enterprises Ltd. witnessed a drop of 33 per cent after Sony Group Corp. announced the termination…
France’s Sanofi to buy INBRX-101 for $2.2 bln
France’s Sanofi, the giant healthcare company, is set to buy US drug development project INBRX-101 from Inhibrx…
French watchdog fines Amazon €32 mln over employee surveillance system
French data protection Watchdog fined Amazon.com Inc. €32 million ($34.9 million) over their employee surveillance…
BYD becomes China’s best selling car brand
BYD Co. has overthrown Volkswagen AG to become China’s best-selling car brand in 2023, Bloomberg reported on…