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Work on Midtown project 91% complete, says Deyaar

  Dubai / WAM Deyaar Development on Wednesday announced above 91% completion of the Mesk District in Midtown, the grand development located in Dubai Production City near Sheikh Mohammed Bin Zayed Road, and also confirmed close to 78% completion of the Noor District. The announcement marks a crucial milestone for the property developer as Mesk and Noor Districts will allow ...

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Indian tech companies have bigger problems than Fed

  The quarterly earnings season for India’s outsourcing firms has begun on a cautiously optimistic note. Tata Consultancy Services Ltd., the largest of the country’s software exporters, reported better-than-expected growth of 8% in net income. Its operating margin, which had slumped to a seven-year low of 23% in the three months to June, rose by 1 percentage point as Mumbai-based ...

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A big leap for Germany on aid sharing

  The gathering tsunami of soaring energy costs finally forced Germany to act to quiet the grousing from the rest of the European Union. Chancellor Olaf Scholz is ready to drop his opposition to joint borrowing at the EU level to cushion the blow of the crisis, Bloomberg News reports. While this doesn’t look like a “Hamiltonian leap” toward federalized ...

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