Category: Industry

HM King congratulates Ivorian President

Manama, His Majesty King Hamad bin Isa Al Khalifa today sent a congratulatory cable to the President of the Republic of Côte D’Ivoire, Alassane Ouattara, on his country’s Independence Day.HM the King expressed sincere congratulations to President Ouatt…

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Alibaba revenue beats expectations despite contraction

Hong Kong, Chinese e-commerce firm Alibaba Group Holding beat market expectations for revenue in its quarter ended June, even as revenue was nearly flat and its net income plunged 50%.Alibaba reported revenues of 205.6 billion ($30.4 billion) for its q…

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Asian stock markets rise ahead of US jobs data

Beijing, Asian stock markets rose Friday ahead of an update on the health of the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation. U.S. futures and oil prices edged higher.Investors were loo…

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