Tuesday , 16 December 2025

Recent Posts

Canada’s shopping-mall king races to Amazon-proof empire

Bloomberg Never mind being No. 1. Ed Sonshine is too busy trying to Amazon-proof his Canadian shopping-mall empire by turning them into hip urban oases. The chief executive officer of RioCan Real Estate Investment Trust has inked deals to sell 19 assets in the past four months, part of his drive to unload about C$2 billion ($1.6 billion) worth of …

Read More »

UAE global leader in fiber optic network

BARCELONA / WAM The United Arab Emirates is ranked first for the highest-Fiber-to-the-Home (FTTH) penetration among all its global counterparts for a second year in a row, according to the FTTH Council. The council published its annual report that highlighted UAE with a coverage of 94.3 percent compared to countries such as Singapore (90.3 percent), South Korea (81.6 percent), Hong …

Read More »

Stocks gain as investor focus turns to Fed remarks; oil drops

Bloomberg US stocks rose to a three-week high, as renewed gains in Treasuries that pushed yields further below 2.9 percent alleviated angst that higher rates would accelerate tightening. The dollar strengthened. The S&P 500 Index climbed for a third day, joining gains in European and Asian equities. Volume was low as investors await the first public comments from Federal Reserve …

Read More »