Author: NWS ADMIN

Photo: WAM file Release date: Friday, August 23, 2024 at 9:39 pm UAE President Sheikh Mohammed has received an invitation from Saudi Arabia’s Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud to attend the 8th Future Investment Initiative Forum 2024 in Riyadh. The event will take place from October 29th to 31st. Stay updated with the latest news, follow KT on our WhatsApp channel. The invitation was handed over to Minister of State Sheikh Shakhbut bin Nahyan Al Nahyan by Saud bin Saad Al Otaibi, Deputy Head of Mission of the Kingdom of Saudi Arabia to the UAE, at…

CNN — Professionally, the name “Jennifer Affleck” was not very popular with Jennifer Lopez. In divorce filings obtained by CNN, the singer and actress asks to change her name from “Jennifer Lynn Affleck” to “Jennifer Lynn Lopez.” Earlier this week, Lopez filed for divorce from Ben Affleck, coinciding with the two-year anniversary of their Riceboro, Georgia wedding in 2022. She listed her separation date as April 26, 2024, meaning the two were married for a year and nine months before splitting. The allegations come after reports that the pair have been living on different coasts over the summer, and Lopez…

After Federal Reserve Chairman Jerome Powell’s comments at the Jackson Hole Economic Symposium hinted at a rate cut at the Fed’s September meeting, will the economy adjust accordingly after rates have remained elevated for an extended period of time?Former Cleveland Fed President Loretta Mester spoke with Yahoo Finance Fed reporter Jennifer Schonberger to discuss Powell’s speech and whether the economy can adapt quickly without being too affected.Mester argues that central banks still need to be vigilant in responding to possible headwinds: “You have to be mindful of those headwinds, and you have to be looking at other scenarios that could…

With Twitter’s revenue falling 84%, Tesla bulls are worried that Elon Musk will sell more Tesla shares, driving down its value for everyone.Elon Musk is facing serious financial problems at X, formerly known as Twitter. Since he bought the platform, the platform’s revenue has fallen by a whopping 84%, creating a huge cash shortfall. Musk may have to make up the shortfall by selling Tesla shares. This worries some Tesla investors, as selling Tesla shares could lower the company’s value and hurt everyone who holds shares in the company.Don’t Miss:Twitter’s revenue takes a big hitMusk bought Twitter for $44 billion,…

Elon Musk is facing serious financial problems at X, formerly known as Twitter. Since he bought the platform, the platform’s revenue has fallen by a whopping 84%, creating a huge cash shortfall. Musk may have to make up the shortfall by selling Tesla shares. This worries some Tesla investors, as selling Tesla shares could lower the company’s value and hurt everyone who holds shares in the company. Don’t Miss: Twitter’s revenue takes a big hit Musk bought Twitter for $44 billion, but turning it around is a big challenge. The New York Times recently reported that documents obtained by the…

With Twitter’s revenue falling 84%, Tesla bulls are worried that Elon Musk will sell more Tesla shares, driving down its value for everyone.Elon Musk is facing serious financial problems at X, formerly known as Twitter. Since he bought the platform, the platform’s revenue has fallen by a whopping 84%, creating a huge cash shortfall. Musk may have to make up the shortfall by selling Tesla shares. This worries some Tesla investors, as selling Tesla shares could lower the company’s value and hurt everyone who holds shares in the company.Don’t Miss:Twitter’s revenue takes a big hitMusk bought Twitter for $44 billion,…

What’s the best way to buy games? Physical or digital? According to Christina Seelye, CEO of Maximum Entertainment, the two are equally useful.Speaking with game developers at Gamescom, she explained that a retail version of a game can help generate attention, especially online: Brick-and-mortar stores like Amazon and GameStop go a long way, and that attention can then spread to digital stores like Steam and PlayStation Network.Seeley noted that Maximum itself has “repeated iterations… there’s no cannibalization going on.” She cited the physical collection of Five Nights at Freddy’s games as an example, arguing that this has helped drive digital…

US stocks (^GSPC, ^DJI, ^IXIC) rose after Federal Reserve Chairman Jerome Powell suggested a rate cut was likely in September, spreading further optimism in the market.Brett Kenwell, US Investment Analyst at eToro, appears on Wealth! to provide insight into the broader market situation amid growing optimism over interest rate cuts.Kentucky believes Powell “delivered exactly what investors were hoping for.”Kenwell believes that while markets may be stable in the long term, some short-term difficulties are to be expected. “I think it’s natural for the stock market to go into a gradual pullback or lull, given how suddenly things have changed since…

More than half of the $5.2 billion in inflows into mutual funds went to bond funds, with every category except balanced funds posting positive net sales. (Photo: Gary Hirschhorn/Getty Images) (Gary Hirschhorn via Getty Images)Investors poured money into Canadian mutual funds in July at a pace not seen in more than two years, pushing mutual fund net assets to an unprecedented high, according to the latest data from the Investment Funds Institute of Canada (IFIC).Exchange-traded funds (ETFs) also saw positive net inflows last month, with net sales of $5 billion and net investments in equity funds of $2.4 billion.More than…

Mawlawi Badruddin Haqqani (left), Ambassador of the Islamic Emirate of Afghanistan to the United Arab Emirates (UAE), hands over a copy of his letter of credentials to Saif Abdullah Al Shamsi, Assistant Undersecretary for Protocol at the Ministry of Foreign Affairs, during a ceremony at the UAE Ministry of Foreign Affairs on August 21, 2024. — X/@MoFA_AfgDUBAI: The United Arab Emirates (UAE) has accepted the credentials of the ambassador to Afghanistan’s Taliban regime, officials said, becoming only the second country to do so after China.The oil-rich Gulf nation said it was committed to “building bridges” to support the Afghan people,…