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Dubai-based Al Ansari Financial Services has achieved success in the Dubai financial market. This company focuses on money transfers and money exchanges and most recently their shares have risen by over 17%, marking the first IPO in Dubai this year. This family-owned company sold 750 million shares in the offering, representing a 10% stake in the company.*
Virgin Orbit did not manage its troubled financial situation
If you're an aerospace fan, you'll be interested to hear the latest news that Richard Branson's company, Virgin Orbit, filed for bankruptcy in court on Tuesday morning.
Nvidia is progressing in the use of artificial intelligence in the manufacturing process
Nvidia's innovative philosophy and direction have undoubtedly kept it at the forefront of the world of computer chip manufacturing and design. On Monday, it reaffirmed this position with the publication of research on the implementation of artificial intelligence in the manufacturing process of these chips.
Air India, an airline that was nationalised almost seventy years ago, has taken the wheel and is now look-ing to pursue innovative ventures under the wings of the Tata Group conglomerate. With an ambition to become a global airline, it is investing in customer service, new technologies and products to increase its domestic market share by at least 30%. This should ideally be achieved within the next five years along with increased international flights.
Air India, an airline that was nationalised almost seventy years ago, has taken the wheel and is now looking to pursue innovative ventures under the wings of the Tata Group conglomerate. With an ambition to become a global airline, it is investing in customer service, new technologies and products to increase its domestic market share by at least 30%. This should ideally be achieved within the next five years along with increased international flights. [1]
The Hong Kong Stock Exchange has drafted new rules for the listing of specialist technology companies. The lower revenue threshold set in previous proposals will now apply to these companies.
The oil market is plunging, is the banking crisis to blame?
The problems that banks are currently facing are having a significant impact on the oil market. There is some correlation in the market between the exposure of not only US banks to the oil industry, which can lead to volatility in both the oil and financial markets. Such a link has most recently affected oil investors.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.20% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.