ABU DHABI — Uber on Wednesday rolled out fully driverless rides in Abu Dhabi, marking its fourth market for autonomous vehicles and the first robotaxi service in the Middle East. The ride-hailing giant partnered with Chinese autonomous vehicle company WeRide to deploy the service in select areas of Yas Island. Riders can book a…
LONDON – Valereum Plc, a U.K.-based fintech company, announced Monday a $200 million investment partnership with Valereum QGP-SP, a move the company said will significantly strengthen its balance sheet and accelerate its growth strategy, including a target listing on a major U.S. national exchange by the first half of 2026. Under the agreement, Valereum Plc…
TEMPRE – First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the third quarter ended September 30, 2025, and updated its 2025 guidance. Net sales for the third quarter were $1.6 billion, an increase of $0.5 billion from the prior quarter. The increase in net sales was primarily due to an increase in…
TOKYO – Japan’s NEC Corporation (TSE: 6701) said on Wednesday it will acquire U.S.-based software company CSG Systems International, Inc. (NASDAQ: CSGS) for approximately $2.89 billion in cash, a move aimed at significantly expanding its footprint in the North American telecom technology market. The deal, one of the largest overseas acquisitions by a Japanese tech…
STOCKHOLM: Swedish medical technology and life sciences investor MedCap AB on Friday reported a 32% rise in its third-quarter adjusted core earnings, driven by robust organic growth and contributions from recent acquisitions. The company, which buys and develops small- and medium-sized life science companies, said adjusted earnings before interest, taxes and amortisation (EBITA) rose…
LONDON: Public Policy Holding Company, Inc. a leading global strategic communications provider offering a comprehensive range of advisory services in the areas of Government Relations, Public Affairs and Corporate Communications, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed public offering of its…
PERTH: Deterra Royalties announced Monday it has agreed to sell a package of gold offtake contracts and royalty interests to Vox Royalty Corp. for a total of $60 million, marking the completion of its divestment of non-core assets acquired through its takeover of Trident Royalties Plc. The deal comprises two main parts: the sale…
Twenty years ago, Google’s IPO was a bold bet on the future of search. Today, its parent company Alphabet has crossed the $3 trillion threshold, joining the elite ranks of Apple, Microsoft, and Nvidia. But this isn’t just a story about market capitalization—it’s a story of reinvention, resilience, and the relentless pursuit of relevance…
NEW YORK: U.S. stocks retreated Friday as investors locked in profits heading into a long weekend, following a record-setting week for the S&P 500 and strong earnings from Nvidia. The pullback came amid fresh inflation data that signaled persistent pricing pressures. The S&P 500 fell 0.7%, while the Nasdaq Composite dropped 1.2%. The Dow…
NEW YORK: The S&P 500 climbed to a fresh intraday record Thursday as investors digested Nvidia’s latest earnings report, which reinforced enthusiasm for artificial intelligence and lifted sentiment across the broader market. The benchmark index rose 0.2%, while the tech-heavy Nasdaq Composite gained 0.5%. The Dow Jones Industrial Average hovered near the flatline. Nvidia,…