Telecom company Lumen sells Latin American business for $2.7bln
Lumen Technologies (NYSE: LUMN), a Telecom company, announced the signing of a definitive agreement and is selling its Latin American...
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Volkswagen raised the target for profit margin after it posted record first-half earnings
Volkswagen saw heartening results even exceeding pre-pandemic levels with first-half operating profit before special items hit 11.4 billion euros. The...
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MENA gets $4.75bln as support in fiscal 2021 from World Bank
The Covid-19 pandemic has wreaked havoc and has taken a devastating toll on people across Mena. It has greatly tested...
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West Virginia city seeking $2.5 bln in opioid lawsuit
West Virginia city and county, which were hard-hit by the opioid crisis, seeks $2.5 billion in the trial on Tuesday....
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Abu Dhabi’s ADIO $545mln Innovation Programme to support three tech firms
As part of the state-run Abu Dhabi Investment Office (ADIO) AED 2 billion ($545 million) Innovation Programme, it has partnered...
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Bank Albilad intends to redeem Sukuk at over $267mln
The percentage of the redeemed outstanding SAR-denominated Regulatory Tier 2 Capital Sukuk will account for 53.05% of the total. Bank...
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