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Tesla’s Musk sells $930 mln in shares to cover stock

Global Business Magazine November 16, 2021

Tesla (TSLA.O) CEO Elon Musk has sold $930 million in shares to meet tax withholding obligations related to the exercise of stock Read More

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Emirates says Boeing 777X talks ‘work in progress’

Global Business Magazine November 16, 2021

Emirates has made progress in talks with Boeing (BA.N) on the Dubai airline's concerns over delays to the 777X jetliner but Read More

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Bitcoin falls more than 4% to near $60,000

Global Business Magazine November 16, 2021

Bitcoin, the world's biggest and best-known cryptocurrency, fell more than 4% on Tuesday as it extended a decline through a week that also Read More

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Asian shares tick up on China property relief, focus shifts

Global Business Magazine November 16, 2021

Asian shares were mostly higher on Tuesday, as relief in China's property sector supported sentiment while investors also kept a close eye Read More

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Dubai outperforms major Gulf bourses, hits near 4-year high

Global Business Magazine November 16, 2021

Dubai's stock market outperformed in early trade on Tuesday, reaching its highest in nearly four years, as a slew of upbeat corporate Read More

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Israel’s Bank Leumi to pay big dividend as profit soars

Global Business Magazine November 16, 2021

Bank Leumi (LUMI.TA), one of Israel's two largest lenders, reported on Tuesday a doubling of quarterly net profit, boosted by higher Read More

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Analysis: COP26 message to business – clean up to cash

Global Business Magazine November 15, 2021

The hard-fought Glasgow Climate Pact sent a clear message to global companies and executives: reassess business strategies and carbon footprints to reap Read More

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StanChart executes $250 mln ESG-based repo deal with Saudi National

Global Business Magazine November 15, 2021

tandard Chartered Bank (STAN.L) said on Monday it has executed a $250 million repurchase agreement transaction (Repo) based on ESG principles with Read More