Bloomberg MicroStrategy Inc sinks, leading a slump in cryptocurrency-exposed stocks, as Bitcoin tumbled below the $30,000 key level for the first time in five months. The enterprise software company fell as much as 12%, its steepest intraday decline since May 19, before closing down 4.5%. Shares of other crypto-linked firms also stemmed their losses as Bitcoin recovered after earlier wiping ...

DUBAI / WAM The UAE attaches great importance to protecting the environment in its development policy, an approach it has adopted since 2012 through the ‘UAE Green Growth Strategy’, to transform its economy into a green economy by utilising modern technologies, knowledge, and innovation. The green and digital economy will become the starting point for recovery after the Covid-19 pandemic, ...

ABU DHABI / WAM Globalfoundries (GF), the global leader in feature-rich semiconductor manufacturing, on Tuesday announced it is expanding its global manufacturing footprint with the construction of a new fab on its Singapore campus. In partnership with the Singapore Economic Development Board and with co-investments from committed customers, GF’s more than $4B (approximately AED 15bn) investment will play an integral ...