{
}
Barclays has lowered its price target for Dow Inc. to $38 from $44 while maintaining an equal-weight rating. Dow specializes in manufacturing and marketing a range of products, with net sales primarily from basic plastics (50.7%), elaborate plastics (27.6%), and performance chemicals (20%). Geographically, sales are distributed across the U.S. and Canada (38.2%), Europe/Middle East/Africa/India (32.5%), Asia/Pacific (17.9%), and Latin America (11.4%).
NewsBuilder.ai, an AI startup backed by Microsoft and the Qatar Investment Authority, is undergoing an audit by two Big Four firms after a 25% cut in its revenue estimates for H2 2024 due to poor sales performance. Concerns have been raised by former employees about inflated sales figures, prompting newly appointed CEO Manpreet Ratia to emphasize the need for operational improvements and enhanced transparency. Despite challenges in Australia and Southeast Asia, the company projects a revenue increase to US$170 million in 2024, up from US$140 million in 2023.
Blackstone has agreed to acquire a 22% stake in AGS Airports, which operates Aberdeen, Glasgow, and Southampton airports, for GBP 235 million ($304 million) from AviAlliance. PSP Investments, which owns the remaining 78%, previously acquired AGS in 2024 for GBP 1.5 billion. This investment aligns with a trend of private capital targeting UK transport infrastructure, as global leisure travel continues to grow. The deal awaits customary regulatory approvals.
A couple from Meilen ZH fled to Qatar, leaving behind nearly 700,000 francs in tax debts. Their Lake Zurich apartment was foreclosed and sold in under 30 seconds for 2.36 million francs, with the Luzerner Kantonalbank being the sole bidder, while other creditors may face significant losses.
In January, Saudi Arabia's total merchandise exports reached SR97.18 billion, a 2.4% year-on-year increase, with non-oil exports rising to SR26.48 billion, reflecting a 10.7% growth. China was the top destination for exports, receiving SR14.74 billion, while imports rose 8.3% to SR72.62 billion, primarily from China. The Kingdom's non-oil sector continues to expand, contributing significantly to economic diversification efforts under Vision 2030.
Tesla is set to launch in Saudi Arabia on April 10th with a public event at Bujairi Terrace in Riyadh, showcasing its electric vehicles, solar energy systems, and advancements in AI and robotics. The event will feature demonstrations of the Cybercab autonomous ride-hailing concept and the Optimus humanoid robot, marking a significant step in the company's regional expansion. This launch aligns with Saudi Arabia's Vision 2030 goals to diversify its economy and promote clean energy solutions.
Belgian authorities have accused Huawei executives of approving bribes to EU lawmakers in 2021, involving €15,000 to an MEP and €1,500 to co-signers of a letter supporting Huawei. Four individuals have been arrested for corruption, while a fifth faces money laundering charges. The case raises concerns about EU corruption and Huawei's influence, as some member states restrict its equipment in critical infrastructure.
Oman has granted Starlink Muscat a Class 1 license to provide nationwide satellite internet, expanding its services in the Middle East. The low-Earth orbit satellites will deliver high-speed broadband, reaching remote areas and supporting key sectors like oil, gas, and tourism. Starlink plans to launch in Kuwait, Bahrain, and Jordan in 2025, while services in Saudi Arabia and the UAE await regulatory approval.
Mastercard is set to establish its global Mastercard Academy Hub in Doha, aiming to enhance skills in the financial industry for both regional and global players. This innovative learning ecosystem will collaborate with various institutions and offer expert-led courses, having already trained over 42,000 attendees with a 98% satisfaction rate. The initiative aligns with Qatar National Vision 2030 and underscores Mastercard's commitment to boosting innovation and strengthening partnerships within the country's dynamic financial landscape.
BNP Paribas has maintained an overweight rating on Larsen & Toubro (L&T), citing a robust order inflow growth projected to exceed 15% this year, driven by a significant offshore contract from QatarEnergy LNG. The firm anticipates EBITDA margins to rise from 8.3% to 8.6% next year, supported by major projects and improved working capital management. Additionally, confidence in JSW Infrastructure's growth prospects was expressed, with projected EBITDA reaching ₹90-100 billion by FY30.
QAT
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
barclays lowers dow inc price target to thirty eight dollars
United States Dollar
Barclays PLC
EGY
POL
CAN
ITA
BHR
TUR
SWE
IND
FRA
NOR
IRL
KOR
GRC
IRN
DEU
SAU
CHL
PER
DNK
CHE
LBN
JOR
ZAF
FIN
BEL
GBR
PAK
COL
RUS
IDN
PHL
ESP
NLD
PRT
MYS
ISR
JPN
HUN
AUT
IRQ
SGP
SYR
HKG
AFG
QAT
OMN
ARE
THA
MEX
ROU
KWT
BRA
ARG
CHN
NZL
AUS
CZE
TWN
VNM
USA
Show more
12:03 01.04.2025
Microsoft backed AI firm faces audit and leadership changes amid revenue concerns
08:30 01.04.2025
blackstone acquires 22 percent stake in ags airports for 235 million gbp
United States Dollar
British Pound Sterling
Ferrovial SE
Macquarie Tax-Free CO A
SAU
GBR
QAT
CAN
Greg Blank
Show more
09:30 31.03.2025
couple flees tax debts as apartment sells in under 30 seconds
04:04 31.03.2025
saudi arabia reports significant growth in exports and imports for january
United States Dollar
Euro
Indian Rupee
Chinese Yuan
Mastercard Inc
S&P Global Inc.
SAU
EGY
KWT
KOR
QAT
CHN
ITA
IND
DEU
BEL
USA
ARE
TUR
FRA
JPN
Mohammed Al-Jadaan
Faisal F. Alibrahim
Show more
13:48 30.03.2025
tesla to debut in saudi arabia with showcase event in riyadh
01:00 29.03.2025
Huawei executives accused of bribing EU lawmakers amid corruption investigation
01:00 29.03.2025
Oman grants Starlink license for nationwide satellite internet services
United States Dollar
Starlink USD
SpaceXCoin USD
SAU
KWT
YEM
QAT
BHR
JOR
ARE
OMN
Elon Musk
Show more
10:00 28.03.2025
Mastercard to establish global academy hub in Doha to enhance financial skills
08:35 28.03.2025
bnp paribas optimistic on l and t's order growth and margin expansion
Qatari Riyal
Indian Rupee
JSW Infrastructure Limited
Larsen & Toubro Ltd
BNP Paribas SA
IND
QAT
SAU
Priyankar Biswas
Show more
13:51 27.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Retail and Consumer Goods
Finance Mergers & Acquisitions
Global Financial Events
Industry Mergers & Acquisitions
CEO Changes
Workplace Trends
Central Bank Actions
Global Trade Developments
Market Analysis and Predictions
Financial Scams and Security
Government Policies
GDP Growth & Recession Forecasts
Inflation and Monetary Impact
Supply Chain Management
Government Economic Policies
Startups & Entrepreneurship
Countries:
Companies:
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Tesla, Inc.
Barclays PLC
Apple Inc.
Deutsche Bank Money Market PP
Bank of America Corporation
Credit Suisse Lux Digital Healt
Citigroup Inc.
Wells Fargo & Company
BNP Paribas SA
UBS Group AG
Banco Santander, S.A.
Morgan Stanley
Lloyds Banking Group plc
Commerzbank AG
UniCredit S.p.A.
Huawei Technologies CO. Ltd.
SpaceXCoin USD
Berkshire Hathaway Inc.
Currencies:
United States Dollar
Euro
British Pound Sterling
Chinese Yuan
Swiss Franc
Japanese Yen
Indian Rupee
Australian Dollar
Russian Ruble
Danish Krone
Canadian Dollar
Mexican Peso
United Arab Emirates Dirham
Offshore Chinese Yuan
Hong Kong Dollar
Indonesian Rupiah
Saudi Riyal
South Korean Won
Turkish Lira
Malaysian Ringgit
People: