Business
Sukoon Insurance Q3 profit climbs 45% to Dh438.4 million
Dubai-based Sukoon Insurance posted a 45% rise in pre-tax profit for the third quarter of 2026, supported by higher revenue and stronger underwriting.
Minister accepts proposed 2.8% minimum wage rise
A senator serving as minister has agreed to a recommendation to lift the minimum wage by 2.8 per cent.
Binance flags $6.3 billion breach as $3 billion in crypto is frozen
The world's largest crypto exchange says an estimated $6.3 billion in digital assets was affected, and it has paused deposits and withdrawals while investigators work to recover funds.
Alphabet shares fall over 12% after weak results
Shares of Google's parent company Alphabet closed more than 12% lower after disappointing quarterly results, with worries over AI spending adding to investor concern.
DoorDash agrees to buy Instacart in $17 billion deal
DoorDash will acquire Instacart in a $17 billion transaction that the companies say will widen choice for customers.
Island Energy rules out scrapping gas standing charge for now
Island Energy has said it is not planning to remove the gas standing charge, and that any change would require wider backing.
Hello Kitty maker drops tie-up with Japanese spy drama after China backlash
Sanrio has ended its merchandise collaboration with the Japanese series Vivant after a strong reaction in China, and has apologised.
Microsoft Profit Reaches $36.6bn as Buyout Offer Targets 60,000 Staff
Microsoft has posted a $36.6bn profit while offering buyouts to about a quarter of its workforce.
UK chancellor Healey's first Budget offers £100 toward energy bills and taxes banks
Chancellor Healey has set out his first Budget, with a £100 measure for energy bills and a new tax on banks, aimed at easing living costs.
Higher energy prices to weigh on UK living standards and growth, budget watchdog says
The UK's Office for Budget Responsibility expects rising energy costs to affect prices, household living standards and economic growth.
UK income tax thresholds frozen for three more years
The income level at which people start paying tax and the level at which they move into the higher rate will both stay unchanged for three more years.
IFS director discusses budget challenges
Helen Miller of the Institute for Fiscal Studies spoke about the difficulties facing the budget.
UK Chancellor Opens First Budget Speech
The UK Chancellor has started delivering his first Budget, presenting it as aimed at working people and businesses of all sizes across Britain.
Octopus Energy chief comments on standing charges after gas bill cuts announced
The chief executive of Octopus Energy, Greg Jackson, discussed standing charges following an announcement of gas bill cuts by the chancellor.
