Investing.com -- The ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, chaired a Cabinet meeting at Qasr Al Watan, Abu Dhabi today, where the National Investment Strategy for the upcoming six years was approved. The strategy aims to significantly boost the annual Foreign Direct Investment (FDI) inflows, with a target to increase it from AED 112 billion in 2023 to AED 240 billion ...
LONDON (Reuters) - Lloyd’s of London said on Monday it expected $2.3 billion in net losses caused by the recent Los Angeles wildfires, as the insurance marketplace reported a dip in underwriting profit for last year.The estimated loss from the wildfires in January, which killed more than two dozen people and destroyed or damaged more than 16,000 structures, follows an announcement by Germany’s ...
Investing.com -- Apple (NASDAQ:AAPL) and Meta Platforms (NASDAQ:META) are set to receive moderate fines from European Union (EU) antitrust regulators, according a Reuters report on Monday. The fines are expected due to alleged violations of significant rules designed to curtail their influence.Both tech giants have been under the scrutiny of the European Commission since last year. The investigati ...
Investing.com -- Indian equities are set for a rebound in 2025, with growth expected to recover and valuations at their most attractive levels since the COVID-19 pandemic, Morgan Stanley said in a research report.The brokerage forecasts India’s GDP growth at 6.3% for the fiscal year 2025 and 6.5% for 2026, citing an improvement in high-frequency economic indicators and support from fiscal and mo ...