How will US midterm elections lead to a Democratic victory affect stock prices, interest rates, and exchange rates? Expert predictions
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Al Habtoor Group board approves sale of all its assets and investments in Lebanon
Dubai-based Al Habtoor Group said its board of directors has approved the sale of the company's assets and investments in Lebanon , after it ceased operations in the country. The company, which has hotels, commercial and residential properties in Lebanon, said in January that it was ceasing operations and would terminate its employees in…
Pronto Founder’s Provision Labs Acquires Hardware Startup Basilisk Industries
Pronto founder Anjali Sardana’s physical AI venture Provision Labs has acquired Mumbai-based hardware startup Basilisk Industries for an undisclosed sum. …
Alstom: Train manufacturer lowers forecast – share falls by 28 percent
Delayed regional trains - also for German states - cost the group penalty payments and margin. Alstom is announcing a restructuring and wants to reduce debt by around two billion euros.
China’s XTransfer partners with BOCHK on cross-border payments
The deal was signed at Hong Kong FinTech Week, with XTransfer as BOCHK's first corporate partner.
China's top three airlines head for full-year losses as fuel costs weigh
Air China, China Eastern Airlines and China Southern Airlines all reported losses for the first nine months of the year, a period in which they were profitable in 2025.
Gold gains Rs2,400 per tola in Pakistan
Gold prices in Pakistan increased on Monday in line with their gain in the international market. In the local market, gold price per tola reached Rs412,136 after a gain of Rs2,400 during the day. Similarly, 10-gram gold was sold at 353,340 after it increased by Rs2,058, according to rates shared by the All-Pakistan Gems and Jewellers…