Wednesday , October 23 2019


ECI, ADGM partner to develop UAE’s non-oil business sectors

ABU DUBAI / WAM Etihad Credit Insurance (ECI), signed a Memorandum of Understanding with Abu Dhabi Global Market (ADGM), to promote and sustain an effective financial ecosystem and provide an advantageous business environment that nurtures collaboration and international competitiveness of UAE businesses. Signed during FinTech Abu Dhabi, this agreement will ...

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Indian tech firm flirts with crisis after whistle-blowers attack CEO

Bloomberg The dust had barely settled at Infosys Ltd when Asia’s No. 2 software services firm once more found itself grappling with a potential leadership crisis. For the second time in about as many years, the Indian icon synonymous with the country’s technological ascendancy is being forced to answer accusations ...

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Tencent shares risk losing support level dangerously as losses accelerate

Bloomberg Tencent Holdings Ltd’s shares are dangerously close to losing a key support level. The biggest stock in Asia fell 2.3% in Hong Kong despite no immediately apparent trigger. Theories circulating round some trading floors included souring sentiment from investors in China, as well as concern that Tencent’s decision to ...

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Texas Instruments sinks as customers cut orders

Bloomberg Texas Instruments Inc shares plunged the most in almost 11 years after the chipmaker gave a weaker-than-expected forecast and warned that trade tension is making customers far more cautious. The report spurred a selloff in semiconductor stocks. Investors have poured money into chip stocks this year, betting on a ...

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