Bloomberg First came Snap Inc.’s disappointing results. Then news that US officials were discussing whether they should subject some of Elon Musk’s ventures to national security reviews, including the deal for Twitter Inc. Anxious investors are selling out of social media stocks, putting them on track to lose more than $47 billion in market value as they tumble in ...

  Bloomberg A flurry of mergers and acquisitions in UK companies may be near as a plunge in the pound has made them more attractive to foreign buyers, according to investors participating in different spheres of the market. Private equity giant Blackstone Inc, $5 billion hedge fund Toscafund Asset Management LLP and strategists at Jefferies are united in calling a ...

  Dubai / WAM The Ministry of Human Resources and Emiratisation (MoHRE) on Thursday called on companies with more than 50 employees to expedite achieving Emiratisation rate of two percent for skilled jobs, in line with the concerned UAE Cabinet Resolution, before the end of 2022. Non-compliant companies will face financial penalities, which will be collected starting from January 2023. ...