Big US Banks Beat Fourth-Quarter Estimates As Stocks Soar
Dow Soars More Than 500 Points As Bank Earnings, Inflation Data Boost Stocks Toward Best Day Since Election
Mercedes-Benz Reports 4% Fall In 2024 Sales Amid Slowdown In China, Europe
Oil Prices Extend Losses Amid Surge In US Fuel Inventories
Mark Zuckerberg Overtakes Larry Ellison As World’s Third-Wealthiest Person
January 9, 2025
Meta founder Mark Zuckerberg surpassed Oracle founder Larry Ellison to become the third-wealthiest person in the world Monday, according to Forbes’ Real-Time Billionaire List, after the title had gone back-and-forth between the two tech billionaires on Friday. Key facts Key background As recently as November, Ellison’s net worth was more than $228 billion and he was competing with …
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Lionel Messi Reportedly Debuts His Real Estate Trust In Spain With $232M Market Cap
January 1, 2025
Football legend Lionel Messi’s real estate investment trust (REIT), Edificio Rostower Socimi, has debuted in Spain’s Portfolio Stock Exchange at $59.58 (EUR 57.4) per share, translating into a market capitalization of $232 million, Reuters reported Tuesday. REIT details The Argentinian player was named Chairman of the real estate trust, and Messi’s family investment vehicle, Limecu …
North Korean Hackers Posed As VCs To Steal $34 Million From Crypto Startup, FBI Says
December 19, 2024
The Lazarus Group, a crew of North Korean government-backed hackers, have stolen over $3 billion from crypto startups. Now they have a surprising new tactic. The Lazarus Group, a crew of North Korean government-backed hackers behind the WannaCry ransomware attack, have a new tactic, according to the FBI. After bagging over $3 billion from earlier crypto heists, …
UAE Central Bank’s Gold Reserves Rise To $6.3B By End Of Third Quarter
December 18, 2024
The UAE central bank’s gold reserves increased by 5.3% month-on-month to reach $6.3 billion (AED 23.19 billion) by the end of the third quarter of 2024, up from $6 billion (AED 22.02 billion) in August. Gold reserves The Gulf state’s gold reserves had grown by over 27.8%, or $1.36 billion (AED 5 billion) since the start …
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OSN+ Announces Up To $50M Investment In Anghami, Unveils Plans For Business Integration
December 17, 2024
OSN+ and Anghami Inc. have concluded a merger to establish a leading digital media and entertainment platform, according to a joint statement, where the UAE’s local video content viewing platform will invest up to $50 million in Anghami. Agreement details This agreement will allow OSN+ and Anghami to combine and share their existing digital libraries of movies, …
