Bloomberg South Korea’s LG Energy Solution soared in its first day of trading in Seoul, following the country’s biggest initial public offering on record. The world’s second-largest battery maker soared to close 68% above its IPO price of 300,000 won, even as the nation’s benchmark Kospi tumbled into a bear market. Now worth over $98 billion, it’s bigger than ...

  ABU DHABI / WAM Adnoc maintained in 2022 its position as the UAE’s most valuable brand for the fourth consecutive year, according to a new report from Brand Finance, the world’s leading independent brand valuation consultancy. Adnoc’s $12.76 billion (AED47 billion) brand value witnessed a 19% increase over the previous year and a 174% increase since 2017, said an ...

ABU DHABI / WAM The Department of Media and Creative Industries at UAE University (UAEU), in collaboration with the Emirates News Agency (WAM) and Russia’s Sputnik News Agency and Radio, held a lecture on the role of the media in strengthening partnerships and training a new generation of journalists on how to deal with a multi-cultural public through modern tools. ...