Philips sees ‘uncertainty’ due to COVID

THE HAGUE: Dutch electronics giant Philips said yesterday it saw "uncertainty" this year due to the coronavirus pandemic, as net profit for 2020 rose...

Amid challenges, Fed holds first meeting of Biden administration

WASHINGTON: With a new year and a new administration in the White House, the US central bank nonetheless faces an unprecedented challenge in guiding...

Miami’s successful pitch to tech companies: How can we help?

MIAMI: The city of Miami, with a growing reputation as a financial services center enhanced by its balmy climate and low taxes, is now...

LSE facing blockbuster IPO year

LONDON: London will enjoy a very strong year for stock market flotations, analysts say, arguing that both Brexit and coronavirus offer firms a unique...

Double-dip Europe recession is increasingly inevitable: Survey

BRUSSELS: A slowdown in eurozone business activity accelerated in January, making a new recession almost certain as the Covid-19 pandemic continues to batter the...

Asia to dominate Davos virtual forum as virus-hit West struggles

PARIS: Emerging stronger from the Covid-19 pandemic, Asia is set to dominate this year's virtual World Economic Forum as a virus-battered West struggles and...

Russia wages online battle against TikTok, YouTube

MOSCOW: "I'm an American!" a young Russian under the username Neurolera exclaims in English on the popular video-sharing app TikTok as she explains how...

Asian jab distributor faces challenges

SINGAPORE: From keeping coronavirus vaccines cold in tropical temperatures to ensuring they reach remote islands, a top drug distributor is gearing up for major...

Google signs deal on copyright payments to French press

PARIS: Google and French newspapers said yesterday they had signed an agreement aimed at opening the way to digital copyright payments from the online...

ECB govs meet as COVID woes weigh on eurozone

FRANKFURT: European Central Bank governors met yesterday to take stock of their monetary stimulus efforts as more infectious strains of the coronavirus and stricter...

Jack Ma appears for first time since regulatory crackdown

BEIJING: Shares in internet giant Alibaba soared more than eight percent yesterday after billionaire founder Jack Ma made his first public appearance since November,...

GM teams up with Microsoft as electric car market revs

SAN FRANCISCO: General Motors announced an alliance with Microsoft on its Cruise autonomous driving venture, combining forces to challenge Tesla and others in an...

E Paper

26th January