Industry News

Industry News

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Wall Street climbs as tech stocks rebound, oil drops

US

U.S. FDA authorizes two COVID boosters targeted at Omicron subvariants

US

Caju raises $25m in Series B round led b y K1 Investment Management

Private Equity

Emirates’ summer traffic hit 10 million passengers amid rebounding travel demand

Dubai becomes prime ground as Tesla runs extreme heat and durability tests

Dubai

UAE slaps administrative sanctions on exchange house and its owner

MENA/GCC

Central London office demand roars back to life as West End occupancy booms

London

Johnson set to confirm government 20% stake in new Sizewell C nuclear plant

Pakistani Rupee jumps to 219 after IMF bailout funding approval

Russia shuts down Nord Stream gas pipeline to Europe

Europe

OPEC oil output in August hits highest since pandemic's early days

OPEC daily basket price stands at $104.85 a barrel Monday

Norway to spend less from oil fund, finance minister says

Northern Europe

Investors increase bets against euro as energy crisis intensifies

Europe

Musk sends fresh letter to scrap Twitter deal after whistleblower claims

Gilde Healthcare acquires Sanquin Reagents

Private Equity

Half of Brits not received a pay rise in over a year despite inflation skyrocketing

UK

Gas prices plunge as Germany closes in on storage targets

Europe

Investors bet against UK government bonds on rising inflation fears

UK

Facebook, Instagram users can now post NFTs linked to digital wallets: Meta

Inside Eastman Kodak’s Private Equity Program, Where Lower Middle Markets Reign Supreme

Private Equity

Adnoc Distribution to acquire 50 percent stake in TotalEnergies Egypt in $186 million deal

MENA/GCC

More U.S. lawmakers set to visit Taiwan, defying angry Beijing

USAsia

Citigroup says it will close Russian consumer business

Russia/CIS