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Tag: Business & Finance

T-Mobile settles to pay $350 million to customers in data breach

New York, T- Mobile agreed to pay $350 million to customers affected by a class action lawsuit filed after the company disclosed last August that personal data like social security numbers had been stolen in a cyberattack. In a Securities and Exchange …

Orange and MasMovil sign $19 bln merger deal in Spain

Paris, Orange (ORAN.PA) and MasMovil (MMBMF.PK) have signed a binding agreement to combine operations in Spain in a deal valuing the merged entity at close to $19 billion, the two telecoms firms said in a statement on Saturday. The merger creates a hea…

Aviation faces hurdle to hit goals for cutting emissions

Agencies Airplanes are a minor contributor to global greenhouse-gas emissions, but their share is sure to grow as more people travel in coming years — and that has the aviation industry facing the prospect of tighter environmental regulations and highe…

UAE Ambassador meets Peruvian Minister of Economy and Finance

His Excellency Mohammed Abdullah Al Shamsi, Ambassador of the UAE to the Republic of Peru, met with His Excellency Oscar Graham Yamahuchi, Minister of Economy and Finance of the Republic of Peru, at the Ministry’s headquarters in the capital, Lima.Duri…

CBQ on the path towards a sustainable, green and digital future

Commercial Bank of Qatar (CBQ) has played a leading role in Qatar’s economic and social development since it was established as the country’s first private sector bank in 1974. In an interview, Sheikh Abdulla Bin Ali Bin Jabor Al Thani, chairman of CBQ…

SAUDI ARABIA, U.S ISSUE JOINT STATEMENT: LEBANON

At the invitation of the Custodian of the Two Holy Mosques, King Salman Bin Abdulaziz Al-Saud, President Joseph R. Biden conducted an official visit to the Kingdom of Saudi Arabia July 15-16, 2022. Following the meeting with King Salman, President Bid…

Toyota’s Japan flagship Crown car to debut on global markets

Tokyo, Toyota’s flagship model in Japan, the Crown, is going on sale around the world for the first time, including in the U.S.The 16th generation Crown, set to begin production in January, comes in four varieties — a crossover with a hybrid system; a …

As New Zealand reopens, exodus worsens labour crunch

Wellington, New Zealand’s easing of its strict border curbs has triggered a rush of new departures among locals seeking fresh opportunities abroad, adding further pressure to the country’s already tight employment market.A net 10,674 people left the co…

LATAM Airlines shareholders approve reorganization plan

Shareholders of LATAM Airlines (LTM.SN), Latin America’s largest air transport group, approved Tuesday a bankruptcy reorganization plan, following last month’s approval by the U.S. bankruptcy court for the southern district of New York.The plan will in…

Turkish Airlines, IndiGo resume codeshare partnership

Turkish Airlines, the national flag carrier airline of Türkiye and IndiGo, India’s largest airline have resumed their codeshare flights and partnership by opening the sale earlier this month.Scheduled operations will be restarted in a phased manner wit…

Malaysia Airlines extends products to Firefly

Malaysia Airlines’ exclusive products, MHflypass Malaysia and MHshuttle, have now expanded to its sister airline, Firefly, allowing passengers to enjoy exclusive privileges with the latter’s selected domestic network.The new MHflypass Malaysia offering…

Toyota, Subaru shares drop on recalls of their first EV models

Tokyo, Shares of Toyota Motor Corp (7203.T) and Subaru Corp (7270.T) dropped on Friday after the two Japanese car makers announced recalls of their first mass-produced electric vehicles (EV) for the global market because of a risk the wheels could come…

Asia shares struggle, oil falls as recession fears linger

Beijing/Hong Kong, June 23 (BNA): Asian shares wobbled while commodity prices fell on Thursday as mounting worries about the risks of a global recession amid aggressive rate hikes by the Federal Reserve kept broad investor sentiment fragile. MSCI’s bro…

EU seeks to heal, bring back nature with landmark law

Brussels, June 22 (BNA): The European Commission will on Wednesday propose legally binding targets to restore nature across the EU, in an attempt to recover plunging wildlife populations and repair degraded habitats.European Union environment policy ch…

Trade minister discusses investment opportunities with Qatar

Trade and Industry Minister Nevin Gamea discussed on Monday with Qatari Minister of State and Chairman of the Board of Directors of the Free Zones Authority Ahmad Al-Sayed investment opportunities and capabilities of the free zones in the two countries…

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