Month: April 2025
Dubai Airports CEO talks about prioritizing speed & tech upgrades
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dubai International’s DXB has cemented its place as the busiest airport in the world. CEO Paul Griffiths talks about managing that traffic, and his outlook on cargo & passenger volume in light of trade and recession concerns. Source
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Grab CFO: See greater growth and profitability in ‘underpenetrated’ Indonesia
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Grab’s CFO Peter Oey discusses why Indonesia remains a strategic priority for the business, emphasising a stronger focus on affordability and driver recruitment. Source
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Europe stocks open higher amid earnings deluge; autos gain on tariff hopes
European stock markets opened higher on Wednesday, as investors pored through another slew of earnings along with euro zone economic growth data. The Stoxx 600 index was up 0.44% at 8:08 a.m. in London after notching a sixth straight positive session on Tuesday, extending its longest winning streak since January. The U.K.’s FTSE 100 meanwhile closed higher […]
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British bank Barclays reports profit beat in the first quarter
16 September 2023, USA, New York: The Barclays Bank logo, taken in Manhattan. Michael Kappeler | Picture Alliance | Getty Images British bank Barclays on Wednesday reported slight beats on the top and bottom line, boosted by stronger investment bank performance. Pre-tax profit came in at £2.7 billion ($3.6 billion) over the March quarter, compared […]
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Auto giant Stellantis suspends full-year guidance due to uncertainties over Trump tariffs
Stellantis logo is pictured at one of its assembly plants following a company’s announcement saying it will pause production there, in Toluca, state of Mexico, Mexico, on April 4, 2025. Henry Romero | Reuters Auto giant Stellantis on Wednesday said it was withdrawing its full-year financial guidance due to uncertainties regarding the impact of U.S. […]
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Eric Trump: ‘If banks don’t watch what’s coming, they’ll be extinct in ten years’
Key Points “The modern financial system is broken, it’s slow, it’s expensive,” Eric Trump told CNBC in the UAE. The executive vice president of the Trump Organization has made frequent visits to the desert sheikhdom in recent years as it rapidly becomes a global hub for cryptocurrency. A vocal advocate of digital currencies, the younger […]
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Swiss giant UBS beats expectations with $1.69 billion profit in first quarter
The three keys USB logo is seen outside the London office of Swiss bank UBS in central London, on March 20, 2023. Daniel Leal | AFP | Getty Images Swiss giant UBS on Wednesday beat bottom line expectations amid sharp returns in investment banking, as the lender seeks to rein in steep share declines that have cost […]
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Britain at risk of losing ground to rival fintech and crypto hubs, execs warn
Key Points Britain is at risk of losing budding fintech and cryptocurrency entrepreneurs to rival hubs if it doesn’t work to address pressing challenges with regulation and funding, industry leaders say. The country’s finance watchdog has faced criticisms that it’s become too restrictive of companies seeking to shake up the financial services landscape with digital […]
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China’s factory activity drops to a near two-year low in April as trade tariffs bite
LIANYUNGANG, CHINA – APRIL 11, 2025 – A worker produces plush toys for sale to countries along the Belt and Road at a toy company’s production line in Lianyungang, Jiangsu province, China on April 11, 2025. Cfoto | Future Publishing | Getty Images China’s manufacturing activity fell more than expected to a near two-year low, sliding […]
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Australia first-quarter inflation holds steady at 4-year low of 2.4%
Shoppers and pedestrians walk past a Shiels store at Rundle Mall in Adelaide, Australia, on Thursday, Feb. 11, 2021. James Bugg | Bloomberg | Getty Images Australia’s first-quarter inflation rose 2.4% compared to the same period last year, staying at a four-year low. This was higher than the Reuters expectations of a 2.3% climb, and […]
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