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Bitcoin mirrors stock rebound on Powell’s upbeat economic tone

Bloomberg Bitcoin edged higher for a third day following reassurance from Federal Reserve Chairman Jerome Powell that the US economy was strong enough to weather tightening monetary policy. The largest cryptocurrency continued to mirror the US stock market, which swung between gains and losses in the wake of the Fed’s first interest rate increase since 2018. Investors have expressed concern ...

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Floward launches ‘Thank You, Mum’ campaign

Dubai / Gulf Time Floward, the go-to online flowers and gifts delivery destination in MENA and UK launched its Mother’s Day campaign entitled “Thank You, Mum.” The campaign aims to encourage people to thank their mothers for all their efforts. The campaign running for the two weeks leading up to Mother’s Day is also coupled with multiple on-ground activations in ...

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Masdar to develop 4 new clean energy projects in Azerbaijan

  Abu Dhabi / WAM Masdar, one of the world’s leading renewable energy companies, has announced the formal start of construction for its 230-megawatt (MW) Garadagh Solar PV Plant in Azerbaijan – the nation’s first foreign investment-based independent solar power project. Masdar also signed agreements related to developing additional clean-energy projects across Azerbaijan. The groundbreaking ceremony, held in Baku, Azerbaijan’s ...

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