BUSINESS

SPB Exchange plans to offer trading in more than 500 Hong Kong-listed Chinese shares in 2023 and expand to markets such as India, Brazil and South Africa, the head of Russia's second-largest bourse said on Thursday.

Unilever said on Thursday that its litigation with the independent board of Ben & Jerry's over the sale of its Israeli ice cream business has "been resolved".

The British bank is looking at securing a license in the kingdom to be able to manage deals including initial public offerings (IPOs), the people said, speaking on the condition of anonymity.

The UAE has reiterated its commitment to upholding the rights of domestic workers across the Emirates.

Lawyers for the bankrupt crypto exchange FTX on Wednesday opposed a demand for internal records from an insolvent affiliate based in the Bahamas, saying they "do not trust" the Bahamian government with data that could be used to siphon off assets from the bankrupt company.

U.S. senators on Wednesday pressed Congress to regulate cryptocurrency under existing financial rules, as lawmakers scramble to rein in the troubled industry after prosecutors filed criminal charges against FTX founder Samuel Bankman-Fried.

The Turkish leader's remarks came during a three-way summit with the presidents of Turkmenistan and Azerbaijan in the isolated Central Asian state's city of Awaza.

Japan's imports surged in November, outpacing exports and resulting in the 16th straight month of trade deficits, as the spectre of a global slowdown added to the country's worsening terms of trade.

UAE nationals are likely to search for greener pastures somewhere else if they are not offered high compensation packages, authorities said.

HSBC will no longer provide new lending or capital markets finance for new oil and gas fields, the British bank said on Wednesday, as part of a wider update to its energy policy.

Cordoned-off roads, a sweltering courtroom and numerous delays marked Sam Bankman-Fried's first in-person public appearance since his crypto company collapsed.

The second phase of the Dubai 2040 Urban Master Plan includes 10 key projects and initiatives, including Enhancing Urban Centers.

The 30-year-old had in recent weeks defied legal advice and multiplied media appearances offering his version of his company's sudden failure, usually by video link from the Bahamas where his company is headquartered.

The United States in October announced new export controls aimed at restricting China's ability to buy and manufacture high-end chips with military applications, complicating Beijing's push to further its own semiconductor industry and develop advanced military systems.

The girl was reportedly playing with her sister when the accident took place.

Air India is close to placing landmark orders for as many as 500 jetliners worth tens of billions of dollars from both Airbus and Boeing as it carves out an ambitious renaissance under the Tata Group conglomerate, industry sources said on Sunday.

Europe's first cold spell heading into the depths of winter is testing the resolve of countries to continue limiting gas use after they comfortably exceeded an EU reduction target, analysis of consumption data shows.

The pipeline project comes as Europe struggles to reduce its dependence on Russian energy following its February invasion of Ukraine.

Employers that fail to reach the target by the deadline will have to pay a fine of Dh72,000 to the government for each Emirati worker they fail to hire.

The European Union, G7, and Australia have agreed to impose a $60 per barrel Russian gas price cap starting February 2023.

A rally across equities at the start of the month has been hobbled this week by growing concerns that the Federal Reserve's drive to rein inflation back from 40-year highs will spark a downturn and skittle company profits.

India is one of the world's biggest grape producers and Nashik is one of its key regions, but back then the vines were all table grapes for eating and raisins, rather than wine grapes.

A growing number of companies are making bulk purchases of sustainable aviation fuel (SAF) to reduce their carbon footprints, encouraging mass production of the cleaner energy that airlines need to meet their emissions targets.

Wheat exports from Russia, the world's largest supplier, will be close to record highs in December, if disruptions caused by storms in its main sea route the Black Sea are limited, analysts and an association of exporters said.

Volkswagen's Bentley expects a slight drop in production in 2023 as shutdowns in China have slowed orders, the British luxury carmaker's chief executive said on Wednesday.

With US tech stocks sliding as interest rates and recession fears rise, Musk's fortune briefly fell below that of the Arnault family.

The award ceremony aims to boost knowledge-based economic growth and sustainable development in the region.

Foreign net monthly inflows into Asian equities hit a two-year high in November on hopes that the U.S. Federal Reserve could cut the pace of its interest rate hikes.

Donald Trump's real estate company was convicted on Tuesday of carrying out a 15-year-long criminal scheme to defraud tax authorities, adding to the legal woes facing the former U.S.