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Category: Business

1436 stories found
Lindt boosts 2025 profit as customers bear brunt of cocoa costs - lindt boosts
Business

Lindt boosts 2025 profit as customers bear brunt of cocoa costs

The company, based in Kilchberg on Lake Zurich, had previously reported 2025 sales growth slightly ahead of expectations The post Lindt boosts 2025 profit as customers bear brunt of cocoa costs appeared first on Gulf Business.

Mahdeehassan  |   |  2 mins read
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Saudi Arabia cuts oil output, IEA considers stocks release - saudi arabia
Business

Saudi Arabia cuts oil output, IEA considers stocks release

The Iran crisis has already cut global oil supply by a combined 200 million barrels over the past 10 days, according to analysts’ estimates The post Saudi Arabia cuts oil output, IEA considers stocks release appeared first on Gulf Business.

Mahdeehassan  |   |  3 mins read
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Al Habtoor rejects US senator’s call for Gulf to enter conflict - habtoor rejects
Business

Al Habtoor rejects US senator’s call for Gulf to enter conflict

The Dubai-based businessman added that regional countries should prioritise diplomacy and stability rather than becoming involved in conflicts they did not initiate The post Al Habtoor rejects US senator’s call for Gulf to enter conflict appeared first on Gulf Business.

Mahdeehassan  |   |  3 mins read
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S&P says regional war likely to ease ‘within weeks’ as Abu Dhabi’s AA rating reaffirmed - says regional
Business

S&P says regional war likely to ease ‘within weeks’ as Abu Dhabi’s AA rating reaffirmed

Ratings agency expects conflict to recede, echoing Moody’s recent view that the escalation may not last beyond a month The post S&P says regional war likely to ease ‘within weeks’ as Abu Dhabi’s AA rating reaffirmed appeared first on Gulf Business.

Mahdeehassan  |   |  3 mins read
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Lucky numbers and collusion: How an Indian cement cartel came unstuck - lucky numbers
Business

Lucky numbers and collusion: How an Indian cement cartel came unstuck

In fiscal year 2024-25, Dalmia Bharat recorded annual revenues of $1.5bn, Shree Digvijay $79m and India Cements $444m The post Lucky numbers and collusion: How an Indian cement cartel came unstuck appeared first on Gulf Business.

Mahdeehassan  |   |  5 mins read
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Airline shares battered as oil prices spike, Iran tensions intensify - airline shares
Business

Airline shares battered as oil prices spike, Iran tensions intensify

Since Feb 28, when the US-Israeli tensions with Iran started, through March 8, more than 37,000 flights to and from the Middle East were cancelled The post Airline shares battered as oil prices spike, Iran tensions intensify appeared first on Gulf Business.

Mahdeehassan  |   |  3 mins read
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Why force majeure is spreading across Gulf energy markets - force majeure
Business

Why force majeure is spreading across Gulf energy markets

When force majeure is declared, companies may temporarily halt deliveries or operations without being considered in breach of contract The post Why force majeure is spreading across Gulf energy markets appeared first on Gulf Business.

Mahdeehassan  |   |  3 mins read
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“Target destroyed”: UAE releases videos of Iranian drones shot from sky - target destroyed
Business

“Target destroyed”: UAE releases videos of Iranian drones shot from sky

The UAE Ministry of Defence has released footage showing Iranian drones being destroyed mid-air The post “Target destroyed”: UAE releases videos of Iranian drones shot from sky appeared first on Gulf Business.

Mahdeehassan  |   |  3 mins read
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UK PM Keir Starmer thanks UAE for ensuring safety of British nationals - keir starmer
Business

UK PM Keir Starmer thanks UAE for ensuring safety of British nationals

Call between UAE President Sheikh Mohamed bin Zayed and UK Prime Minister Keir Starmer highlights cooperation as conflict escalates The post UK PM Keir Starmer thanks UAE for ensuring safety of British nationals appeared first on Gulf Business.

Mahdeehassan  |   |  2 mins read
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UAE President Sheikh Mohamed says country is well, no easy prey - president sheikh
Business

UAE President Sheikh Mohamed says country is well, no easy prey

President Sheikh Mohamed bin Zayed Al Nahyan made the comments while visiting those injured by recent events The post UAE President Sheikh Mohamed says country is well, no easy prey appeared first on Gulf Business.

Mahdeehassan  |   |  1 min read
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