Finance

Qatar Activates Online Registration for Multinational Groups Under Global Minimum Tax Rules

Qatar's General Tax Authority launched the Global and Domestic Minimum Tax registration service on the…

Corporate Counsel Details Criminal Risks of Insider Trading in Global Markets

Insider trading is punishable by law according to a legal expert writing on August 1…

Blackstone Acquires Record A$36 Billion Australian Loan Portfolio From HSBC

Blackstone funds agreed to buy HSBC's A$36 billion Australian home and personal loan portfolio in…

Apple Shares Lose Nearly $500 Billion on Weak Outlook Amid Chip Shortages

Apple shares fell nearly 10 percent on August 1, 2026 after the technology giant issued…

BP Launches Sale of North Sea Assets Amid UK Energy Policy Review

BP announced on July 31, 2026 that it is marketing its North Sea business for…

EMSTEEL Reports AED 2.4 Billion in Q2 Revenue With EBITDA Up 67 Percent

EMSTEEL reported AED 2.4 billion in Q2 revenue on July 31 2026 marking an 11…

Borouge Reports 23 Percent Rise in Second Quarter Net Profit

Borouge posted a 23 percent increase in second-quarter net profit on July 30 2026 driven…

Bank of Japan Holds Benchmark Rate Steady at 1 Percent With Hawkish Outlook

The Bank of Japan kept its short-term interest rate unchanged at 1 percent on July…

Takaichi Announces Temporary Cut in Japan’s Food Consumption Tax to 1 Percent

On July 30, 2026, Japanese Prime Minister Sanae Takaichi announced plans to reduce the consumption…

China’s Politburo Commits to Accelerate Existing Fiscal Outlays to Sustain Growth

On July 30, 2026, China's Politburo pledged to support the slowing economy by speeding up…

ECB Partners With ONCE Foundation to Ensure Universal Access to Digital Euro App

The European Central Bank announced on February 18, 2026, that its digital euro app will…

Sukoon Delivers 12 Percent Growth in First-Half Premiums to AED 3.8 Billion

Sukoon Insurance reported AED 3.8 billion in gross written premiums for the first half of…