Business

Well-known Kazakh businessmen Kenes Rakishev and Vyacheslav Kim (both in the Top 10 richest businessmen according to Forbes Kazakhstan) announced their intention to create a new venture fund based on the International Financial Center…

Microsoft Corp (NASDAQ:MSFT) on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for…

NASA said on Wednesday it awarded $425 million to Boeing (NYSE:BA) Co for the agency’s “Sustainable Flight Demonstrator” project as the Biden administration works to cut aviation sector emissions.  Boeing…

Chinese electric vehicle (EV) giant BYD is embarking on a rapid global expansion to challenge Tesla (NASDAQ:TSLA) but for now it’s stuck in the slow lane on its rival’s home…

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, ‘The possibility of permanent loss is the risk I worry about… and every practical…

A self-proclaimed Twitter investor mocked Elon Musk, the platform’s new owner, by offering to buy the company for $30 billion less than what Musk paid for it in October. Leonidas Raisini said in…

O2 Investment Partners (www.o2investment.com) is pleased to announce the promotions of Charlie Miller to Vice President and Shyam Shah to Senior Associate. Luke Plumpton announced the promotions of Miller and…

Dubai on Wednesday announced a mammoth $8.7 trillion economic plan for the coming decade, aimed at turbocharging trade, foreign investment and its place on the map as a global hub.…

Venture Capital is often seen as the holy grail of investing. It is usually the first entry point into new startups that have the potential to make significant changes in…

The U.S. Postal Service on Tuesday announced billions of dollars in new spending to switch from gas-powered mail trucks to new electric vehicles within the next five years, furthering President Biden’s green…