Tech stocks have surged to start 2020, lifting the entire market to record highs. But one place you won’t find much enthusiasm for the rally is on Twitter. There, you’re more likely to read accounts spreading fake news about the coronavirus outbreak or mocking the valuation of Tesla Inc.’s meteoric stock. I have a theory about this: Many of Twitter’s ...

Abu Dhabi / WAM Etisalat Group announced Tuesday its consolidated financial statements for the 12 months ending December 31 2019, reporting consolidated net profit of AED8.7 billion. According to a company press statement, the aggregate subscriber base reached 149 million, representing a year-on-year (YOY) increase of 6%. Twelve months’ consolidated revenues reached to AED52.2 billion, while consolidated net profit after ...

Bloomberg Reliance Industries Ltd.’s talks to sell a minority stake in its oil-to-chemical division to Saudi Aramco have been gathering pace in recent weeks, according to reports. Aramco officials and bankers on the deal have been working at Reliance’s offices in Mumbai for due diligence this month, according to the people, who asked not to be identified as the information ...