CHENNAI / WAM With only 124 days left before COP28 UAE, COP President-Designate Dr Sultan Al Jaber on Friday urged G20 nations to take a leadership role on climate action, and said that their decisions will have an enormous influence on the outcomes for all countries. In a speech at the G20 Climate Sustainability Ministerial Meeting in Chennai, India, Dr ...

BLOOMBERG US stocks futures rallied after strong earnings from Intel Corp, while Asian bonds retreated after Japan surprised investors by loosening its control of market rates. Contracts on the Nasdaq 100 rose as much as 0.8%, with Intel surging 8% in premarket trading as the chipmaker gave a bullish revenue forecast. Advanced Micro Devices Inc and Nvidia Corp added more ...

ABU DHABI / WAM The National Central Cooling Company (Tabreed) released its consolidated financial results for the first six months of 2023, reporting a net profit of AED386.4 million, compared to AED240.4 million during the same period in 2022. In the first half of the year, Tabreed’s revenue increased by 9.4% YoY to AED1.067 billion, from AED975.7 million in H1 ...