Oct 6 : Nvidia-backed cloud-computing company Lambda is raising up to $4 billion at a pre-money valuation of $14.5 billion in what would be its final funding round before a planned initial public offering, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Here are more detai
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NEW YORK, Oct 6 : Oil prices were steady on Tuesday after recovering earlier losses, as the market weighed increases in Middle Eastern crude exports and a planned Group of Seven release of emergency diesel and crude stockpiles against supply concerns related to attacks by the Iran-backed Houthis in Yemen.Bre
Oct 6 : Tereina, a payments company in which SAP owns a stake, on Tuesday launched technology that lets businesses pay suppliers, employees and affiliates directly from their SAP software in traditional currencies or stablecoins.The launch introduces a payments layer inside business software that companies a
UAE bank credit surged Dh72.4 billion in August, reaching Dh2.87 trillion, driven by personal borrowing and corporate lending growth, reports CBUAE.
Gulf oil exports hit pre-war levels. Why prices high?
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