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15 Jun 2026

Kuwait has approved a new long-term residency program granting foreign investors and their families residence permits of up to 15 years. The initiative aims to attract foreign investment, strengthen economic growth and enhance Kuwait’s position as a regional investment hub. Eligibility extends to business owners, partners, senior executives and their immediate family members, including parents, sp

Post by Tarique Rahman

5 likes4 comments#investment #businessnews #kuwait #residency

1 Jun 2026

Universal Music Group has rejected a $64.3 billion takeover proposal from billionaire Bill Ackman’s investment firm, Pershing Square. The company said the offer was not in the best interests of shareholders, artists, fans or other stakeholders and significantly undervalued the business. Universal, home to major stars including Taylor Swift, Sabrina Carpenter and Kendrick Lamar, remains one of the

Post by Jacob Smith

4 likes3 comments#universalmusic #billackman #musicindustry #businessnews

14 May 2026

Indian pharmaceutical giant Zydus has announced plans to acquire US-based Assertio Holdings in a deal worth nearly $166.4 million, marking a significant expansion of its international presence. The tender offer is expected to begin within five business days of the merger agreement, while the transaction is projected to close during the financial year 2026-27, subject to regulatory approvals and ot

Post by Faisal

4 likes4 comments#healthcare #usindiabusiness #businessnews #pharma #zydus

14 May 2026

Australian supermarket giant Coles has been found guilty of misleading consumers with fake discount promotions in a landmark federal court ruling. The country’s consumer watchdog argued the retailer temporarily increased prices on hundreds of products before advertising them as discounted under its “Down Down” campaign. The court agreed the promotions were “not genuine,” a decision that could lead

Post by Jacob Smith

4 likes4 comments#b #businessnews #coles #australia #consumerrights

11 May 2026

T-Mobile Expands Customer Perks With VIP Event Lounges T-Mobile is rolling out exclusive customer-only event lounges, signaling a new strategy among wireless providers to boost loyalty through premium live experiences, entertainment access and member-focused perks beyond traditional mobile services. #BusinessNews #TMobile

Post by James

4 likes4 comments#tmobile #businessnews

27 Apr 2026

finding new ways to cope with the Strait of Hormuz blockade, which has disrupted supply chains for weeks. Restaurant owners say the cost of key ingredients like chicken and meat has surged sharply, forcing many to rethink pricing and sourcing. Despite mounting pressure, many small business owners remain determined to protect their customer base and sustain operations. #Kuwait #BusinessNews #Supply

Post by Tarique Rahman

3 likes3 comments#supplychain #economy #straitofhormuz #businessnews #kuwait

24 Apr 2026

Warner Bros–Paramount Mega Deal Approved Shareholders of Warner Bros Discovery have approved a massive $111bn takeover by Paramount, potentially reshaping global entertainment. The deal includes major franchises like Harry Potter and Game of Thrones, but still awaits regulatory approval. If cleared, it could transform the media industry and expand global content offerings significantly. #MediaNews

Post by Jacob Smith

4 likes4 comments#streamingwars #medianews #paramount #globalmedia #hollywoo

24 Apr 2026

Meta Announces Massive Layoffs Tech giant Meta is set to cut around 10% of its workforce, impacting nearly 8,000 employees, as it ramps up massive investments in artificial intelligence. CEO Mark Zuckerberg had hinted earlier at restructuring, with AI spending projected to hit $135 billion this year. The move reflects a major shift in priorities across the company. #Meta #TechNews #Layoffs #Artifi

Post by Jacob Smith

4 likes4 comments#technews #meta #zuckerberg #artificialintelligence #breaking

22 Apr 2026

Kuwait Finance House reported strong Q1 2026 results, posting a net profit of KD 176.5 million, marking a 5% increase year-on-year. Growth was driven by higher operating income and financing activity across core sectors. The bank’s performance reflects resilience in Kuwait’s financial sector and continued momentum in Islamic banking, reinforcing its position as a leading institution in the region.

Post by Tarique Rahman

3 likes3 comments#finance #islamicbanking #economy #banking #inves

1 Apr 2026

IndiGo appoints new CEO Shares of IndiGo surged over 8% after the airline announced William Walsh as its new CEO. Walsh, former British Airways chief and current IATA director general, takes charge amid operational challenges. His appointment signals a strategic reset following leadership changes and past disruptions, as IndiGo aims to strengthen global competitiveness and improve operational effi

Post by Jacob Smith

4 likes4 comments#williamwalsh #aviation #stockmar #india #indigo

1 Apr 2026

Oracle layoffs begin Oracle has reportedly begun laying off thousands of employees as it grapples with falling stock prices and rising AI infrastructure costs. The move reflects broader pressure on tech firms investing heavily in artificial intelligence. As companies race to build data centers and expand capabilities, balancing growth with financial stability is becoming a major challenge across t

Post by Jacob Smith

4 likes4 comments#oracle #jobs #itsector #businessnews #financ

1 Apr 2026

Microsoft faces new probe Microsoft is under fresh scrutiny as the UK competition regulator launches a probe into its business software ecosystem. The investigation aims to assess potential anti-competitive practices in the rapidly evolving tech landscape. As regulators worldwide tighten oversight, big tech firms are facing increasing pressure to ensure fair competition and transparency. #Microsof

Post by Jacob Smith

4 likes4 comments#uk #technology #bigtech #globalmarkets #competition