Apple to increase starting pay for U.S. workers
Apple Inc (AAPL.O) will raise the starting pay for its U.S. employees, the iPhone maker said on Wednesday, as companies face a tight…
Category: Business & Finance
India has no immediate plan to lift wheat export ban, commerce minister Goyal says
India has no immediate plans to lift a ban on wheat exports, but will continue with deals which are done directly with other…
Oil prices rise amid tight market
New York: Oil prices rose in early trade yesterday with US fuel demand, tight supply and a slightly weaker US dollar supporting the…
Airbnb ends rentals in China to focus on outbound tourists
BEIJING: Airbnb Inc. announced Tuesday it will stop representing short-term rental properties in China and focus its business in the country on serving…
Commodities Update — Gold inches lower; Soybean, corn ease; COFCO International sets 2030 target on soy land use
RIYADH: Gold edged lower on Tuesday, as the US dollar rebounded slightly after a slide in the previous session, weighing on demand for…
Bank Hapoalim reports strong first quarter of 2022
The cost-income ratio for the first quarter of 2022 stood at 50.9%, compared with 54.2% in full-year 2021, indicating increased efficiency. Bank Hapoalim…
Bank of Israel hikes interest rate to 0.75%, second increase in two months
The interest rate was raised from 0.1% to 0.35% last month in an attempt to stabilize Israel’s economy. The Bank of Israel hiked…
Qatar, Germany sign ‘Energy Partnership’ pact
Doha: Minister of State for Energy Affairs H E Saad Sherida Al Kaabi and German Minister for Economic Affairs and Climate Action H…
Unit becomes first banking-as-a-service unicorn with $1.2b valuation
Unit’s banking-as-a-service platform Unit allows companies to embed financial services in their products. The Israeli banking-as-a-service platform Unit, which allows companies to embed…