Bloomberg Italian Prime Minister Giorgia Meloni didn’t paper over her contempt for the French President this past week — and Emmanuel Macron made clear that the feeling was mutual. The spat took place after Volodymyr Zelenskiy met Macron and German chancellor Olaf Scholz at the Ukrainian leader’s request for dinner at the presidential Elysée Palace. Meloni, who was not informed ...

  Bloomberg Nigeria’s move to outlaw high-value notes is the best thing that’s happened to mobile-money operators in Africa’s biggest economy. In the two months since October, when the Central Bank of Nigeria said it will replace 200-, 500- and 1,000-naira notes with new ones, the value of mobile-money transactions has jumped by a quarter to 2.5 trillion naira ($5.4 ...

  Bloomberg PayPal Holdings Inc is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and a key partner in the project faces a probe by the New York State Department of Financial Services. PayPal had hoped to debut the stablecoin, which will be backed one for one by the US dollar, in the coming weeks, but will ...

Bloomberg SoftBank Group Corp. offered to buy all shares in robot maker Berkshire Grey Inc. it doesn’t already own in a $218 million deal, in a foray into logistics automation after halting almost all investment activity for months. The global tech investor has sent a non-binding letter of interest, offering to buy Berkshire shares for $1.30 a piece, according to ...

  Bloomberg Ford Motor Co. and Contemporary Amperex Technology Co. Ltd. plan to build a battery plant in Michigan, capping a monthslong search that became mired in geopolitical tensions between the US and China. The multibillion-dollar facility, to be located about 100 miles west of Detroit, is expected to create about 2,500 jobs. The agreement could be announced as soon ...

  Bloomberg Coupang Inc, the South Korean e-commerce pioneer that has lost billions of dollars since its founding, is rolling out an army of robots at fulfillment centers in a bid to reach profitability. Korea’s answer to Amazon.com Inc., Coupang burned cash by building distribution centers around the country that could help it push the boundaries of speedy delivery with ...

  Bloomberg Nissan Motor Co. aims to increase car sales in Europe and make the region one of its four core markets, the Financial Times reported on Sunday, citing an interview with a senior executive. The carmaker will raise Europe to the same level of importance as Japan, China and the US after gaining market share in the region in ...

  Dubai / Gulf Time InstaRunway.com, GCC’S newest e-commerce platform, hosted a vibrant and fun Galentine’s event in Dubai for its exclusive VIP women customers amidst the backdrop of the Dubai Skyline. The event also offered a sneak peek to the latest collections of their portfolio of internationally renowned brands like SJP by Sarah Jessica Parker, Furla, Olivia Burton London ...

Dubai / Gulf Time Nest Finders celebrated a series of successes in a big evening held by the company at the Queen Elizabeth Hotel in Dubai. Khaled Yaghmour, General Manager of the company, honoured the company’s employees who achieved the highest sales for the past year 2022. On this occasion, Khaled Yaghmour said, the company has achieved great successes in ...

  ABU DHABI / WAM The UAE has sent five aircraft carrying relief supplies, which arrived on Friday in Türkiye and Syria, bringing the total to 27 aircraft sent so far under the ‘Gallant Knight/2’ operation, launched with the purpose of aiding earthquake-affected people in both countries. To date, the UAE has sent a total of 17 aircraft to Türkiye, ...