Jamal Bin Theniyah is new Emaar chairman, Alabbar MD

Dubai: Emaar Properties PJSC founder Mohamed Alabbar will step down as chairman at Dubai’s largest developer…

Hitachi may sell home appliance biz abroad to Arcelik

Tokyo: Japanese industrial conglomerate Hitachi plans to sell around 60% in its overseas home appliance unit…

Oracle follows HP, Tesla out of Silicon Valley to Texas

New York: Oracle Corp is moving its corporate headquarters from Redwood City, California to Austin, Texas,…

Mangaluru-Mysuru flight service takes off

Mangaluru: Air India subsidiary Alliance Air’s flight between Mangaluru and Mysuru was inaugurated on Friday, in…

Infosys marks eight years on NYSE; to ring closing bell

New Delhi Infosys will be ringing the closing bell at the New York Stock Exchange (NYSE)…

Lulu plans to set up food processing unit in J&K

Mumbai/Dubai: Abu Dhabi-based LuLu Group has said it will set up a food processing and logistics…

Apple’s Tim Cook to address UN summit on anniversary of Paris climate accords

Apple chief executive officer will deliver his comments at the United Nations’ Climate Ambition Summit on…

Maruti Suzuki to hike car prices from January

New Delhi: India’s largest automaker Maruti Suzuki India on Wednesday said it will raise the prices…

China court tells Tesla to Pay Model S buyer for concealing damage

Beijing: Tesla Inc. was requested by a Beijing court to remunerate the purchaser of a pre-owned…

China regulator fines Bank of China for flaws in risk management

Beijing: China’s monetary controller fined Bank of China Ltd. 50.5 million yuan (around $7.9 million) for…