Nordstrom Posts Holiday Sales Gains, Raises 2024 Outlook as Rack Expansion and Digital Growth Boost Results
The Seattle-based upscale retailer, which three weeks ago said the Nordstrom family's plan to take the business private received board…
Companies & Startups
Demis Hassabis on AGI’s Gradual Rise, OpenAI, and the Road Ahead — MWC 2024
TechTarget and Informa Tech have joined forces to create a powerful, expansive knowledge ecosystem designed to serve technology buyers, strategists, and practitioners with trusted, objective insights. The consolidation brings together TechTarget and Informa Tech’s Digital Business, knitting a vast network that spans more than 220 online properties and covers more than 10,000 granular topics. This…
Business
Trade & Investment
Bridging the Generational Gap to Align Saudi Arabia’s AI Ambitions
Saudi Arabia is charting an assertive course in artificial intelligence, signaling a future where AI investment and deployment become central to its economic strategy. The kingdom has publicly embraced an ambitious plan to assemble a $40 billion AI investment fund, a moveset designed to position Saudi Arabia as a global hub of AI development, innovation,…
Warba Bank to Acquire Alghanim Trading’s 32.75% Stake in Gulf Bank in $1.62 Billion Deal
Warba Bank’s move to acquire a significant stake in Gulf Bank signals a notable shift in Kuwait’s banking landscape, combining strong regional players into a more consolidated platform. The deal, valued at $1.62 billion (KWD498.2 million), covers Alghanim Trading’s 32.75 percent stake in Gulf Bank. The transfer of shares will proceed once the necessary regulatory…
Bridging Generations to Realize Saudi Arabia’s AI Ambitions Through Training
Saudi Arabia is pursuing a sweeping artificial intelligence vision anchored by a proposed $40 billion investment fund and a clear aim to position the kingdom as a global leader in AI. Yet the path from ambition to execution is inherently complex. Across many Saudi organisations, AI programmes are still in early stages, and only a…
Warba Bank to Acquire 32.75% Stake in Gulf Bank in $1.62 Billion Deal
Warba Bank’s move to acquire Gulf Bank’s stake marks a significant consolidation in Kuwait’s banking sector, signaling a broader trend of strategic reshaping among major lenders. The deal involves Warba Bank agreeing to purchase Alghanim Trading’s 32.75% stake in Gulf Bank for $1.62 billion (KWD498.2 million). The share transfer will only be completed after securing…
Finance
Popular News
Trends & Analysis
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Cover Story: Has Sapura Energy’s worst truly ended, or is worse yet to come?
Sapura Energy Bhd has been the focus of renewed scramble and reassessment as it moves…
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Alliance Bank shares tumble over 8% as investors balk at RM600m rights issue amid dilution concerns despite capital-boosting plan
A proposed RM600 million rights issue pushed Alliance Bank Malaysia Bhd’s shares lower in early…
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Ho Hup Construction and Sunrise Model Reach Amicable Settlement as High Court Strikes Out Petition
Ho Hup Construction Bhd and Sunrise Model Sdn Bhd have reached an amicable settlement after…
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1MDB-Tanore trial: Najib says his leadership rejects work-in-silo culture and promotes collaboration
Najib Razak, the former Malaysian prime minister, took the stand to present a defense centered…
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Bandar Malaysia Sale Leads 2024 Top Property Deals as Data Centers and Malls Dominate
Malaysia’s property market in 2024 finished with notable momentum, marked by record deal sizes, a…
65% of IT Leaders Invest in Unstructured Data Analytics to Deliver Cloud-Based, End-User Insights
A new study from Komprise shows unstructured data growth drives demand for cloud storage, analytics and self-service.
Capital A wins Bursa approval for regularisation plan, paving the way to exit PN17 status
Capital A Bhd (KL:CAPITALA) has received approval from Bursa Malaysia for its proposed regularisation plan, a crucial step towards lifting…
Apple taps HTC’s Android-design veteran Scott Croyle (‘Jony Ive’) to oversee Beats hardware design for new products
Apple’s Beats brand remains a cornerstone of its audio strategy, even as rumors swirl about shifting focus. A year ago,…
Yext Unveils AI Search for the Enterprise: Elevating Corporate Knowledge.
Yext: AI Search for the Enterprise
NUBURU Joins Forces with COEPTIS NexGenAI Affiliates Network to Accelerate AI and Robotics Innovation Under Its Transformation Plan
Read Press Release for Nuburu (BURU) published on Mar. 6, 2025 - NUBURU Partners With COEPTIS NexGenAI Affiliates Network to…
Deutsche Bank raises Tesla price target to $420 from $370 on robotaxi and Optimus prospects
Investing.com -- Deutsche Bank raised its price target for Tesla Inc (NASDAQ:TSLA) to $420 from $370 on expected growth in…
Digital Twins Elevate Warehouse Performance Through Virtual Testing, Faster Deployment, and Smarter Automation
To win against competitors, smart companies are building digital twins of their warehouse ops to handle complexities and improve performance.
Sunway City Iskandar Puteri Wins Two Five-Diamond MGTC Awards at Low Carbon City Awards 2024 for Green Master Plan and Joint Low-Carbon City Efforts with MBIP
Sunway City Iskandar Puteri (SCIP) in Johor has been awarded two five-diamond awards from Malaysian Green Technology and Climate Change…
First look at Venmo’s Apple Card rival with QR-code activation and a new app for easy card management
A Venmo-branded credit card is poised to enter the market, aiming to challenge the Apple Card by weaving card ownership…