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Top Bazaar Times News

Boeing · United States

Boeing shares fall 8% after Air India Dreamliner jet crashes

49% Center coverage: 151 sources

Shares of planemaker Boeing, fell 8% in premarket U.S. trading on Thursday after an Air India 787-8 Dreamliner aircraft with 242 people crashed minutes after taking off from India's western city of Ahmedabad. India's federal health minister said "many people" were killed in the crash. The plane was headed to Gatwick Airport in the UK, with police officers saying it crashed in a civilian area near the Ahmedabad airport.See the Story

Technology · London

Getty Images and Stability AI face off in British copyright trial that will test AI industry

65% Center coverage: 77 sources

See the Story

Europe · Germany

BioNTech to Buy CureVac in $1.25B Stock Deal That Would Also End mRNA Patent Dispute

47% Center coverage: 28 sources

BioNTech is acquiring CureVac in a deal that brings messenger RNA manufacturing capability and cancer immunotherapy candidates. Analysts say the M&A deal is a way to essentially settle out of court the ongoing mRNA patent dispute between the companies following some recent CureVac legal wins. The post BioNTech to Buy CureVac in $1.25B Stock Deal That Would Also End mRNA Patent Dispute appeared first on MedCity News.See the Story

World Bank to end ban on nuclear energy projects, still debating upstream gas

46% Right coverage: 22 sources

The World Bank's board has agreed to end a longstanding ban on funding nuclear energy projects in developing countries as part of a broader push to meet rising electricity needs, the bank's president Ajay Banga said on Wednesday.World Bank · United States See the Story

KSE-100 Index Plummets 2,186 Points, Amid Geopolitical Tensions

Coverage: 2 sources

The Pakistan Stock Exchange (PSX) experienced a notable decline on Friday, with the KSE-100 index falling by 1,949.56 points, closing at 122,143.56 amid escalating geo-political tensions that followed Israel's attack on Iran earlier today. The KSE 100 Index ended the day's session registering a decline of 1.57%. The index recorded a high at 123,058.06 points during the day, while the low reached 121,604.59. Trading volume stood at 238,192,304 sh…Stock Markets · Karachi See the Story

UAE’s Islamic finance, halal industry poised for robust growth, economic diversification

The UAE continues to cement its status as a leading global hub for Islamic finance and the halal industry, aligned with a comprehensive development vision aimed at diversifying the national economy and enhancing global competitiveness. Backed by forward-thinking government policies, a modern regulatory framework, and cutting-edge financial and industrial infrastructure, both sectors are witnessing dynamic growth. The UAE is investing heavily in …Finance · United Arab Emirates Read Article

Isbank Secures $1.3 Billion in Green Syndicated Loan to Boost Turkiye’s Climate Transition and Real Economy

Türkiye’s second-largest private bank, Isbank, signed a $1.3 billion syndicated loan agreement with a 367-day maturity, aimed at supporting activities that generate positive environmental and social impact, the bank said in a statement on Wednesday. The facility consists of two tranches $751 million and €513.5 million ($595.53 million) and falls under Isbank’s “Sustainable Finance Framework.” The funding will be used to finance projects aligned …Türkiye · Turkey Read Article

UAE's DMSF Holding Acquires Turkiye’s n11, Leaving PTT AVM as Last Major Domestic E-Commerce Platform

The acquisition of Türkiye-based e-commerce platform n11 by Abu Dhabi-headquartered DMSF Holding has officially concluded, leaving PTT AVM as the only remaining large-scale domestic e-commerce platform in Türkiye. Following approval from Türkiye’s Competition Authority, the share transfer was finalized on June 11, completing the sale process. In a statement released by n11, the company confirmed that the acquisition process was completed after t…Abu Dhabi, United Arab Emirates · Abu Dhabi Read Article

Turkiye’s Hospitality Sector Sees Strong Growth in Overnight Stays and Tourist Numbers

Türkiye’s hospitality sector saw a significant boost in April, with licensed accommodation facilities recording a total of 16.27 million overnight stays, the Culture and Tourism Ministry announced. The overall occupancy rate of accommodation facilities holding operating or simple licenses climbed to 41.12% in April, up from 26.79% in March. This figure also reflects a year-over-year improvement. In April 2024, the occupancy rate stood at 39.74%,…Türkiye · Turkey Read Article

Toyota Launches First-Ever Land Cruiser Hybrid in UAE, Blending Off-Road Legacy with Electrified Innovation

The new Land Cruiser Hybrid, the first hybrid electric model in the iconic Land Cruiser series, has debuted in the United Arab Emirates. Launched by Al-Futtaim Toyota, the new Land Cruiser fuses seven decades of heritage with Toyota’s cutting-edge hybrid technology, delivering enhanced performance while maintaining the unmatched reliability, durability, and all-terrain capability for which the Land Cruiser is renowned. The regional premiere, whi…Toyota · Japan See the Story

CBRT Foreign Exchange Reserves Rise for Fifth Consecutive Week

The Central Bank of the Republic of Türkiye (TCMB) reported an increase in its foreign exchange reserves for the fifth consecutive week. According to TCMB’s weekly data, foreign exchange reserves rose by 280 million dollars in the week ending June 6, climbing from 70.026 billion dollars to 70.306 billion dollars. Gold reserves also hit a new record, increasing from 83.164 billion dollars to 85.572 billion dollars. As a result, total reserves inc…Central Bank Read Article

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Top Bazaar Times News

Boeing shares fall 8% after Air India Dreamliner jet crashes

Getty Images and Stability AI face off in British copyright trial that will test AI industry

BioNTech to Buy CureVac in $1.25B Stock Deal That Would Also End mRNA Patent Dispute

World Bank to end ban on nuclear energy projects, still debating upstream gas

KSE-100 Index Plummets 2,186 Points, Amid Geopolitical Tensions

UAE’s Islamic finance, halal industry poised for robust growth, economic diversification

Isbank Secures $1.3 Billion in Green Syndicated Loan to Boost Turkiye’s Climate Transition and Real Economy

UAE's DMSF Holding Acquires Turkiye’s n11, Leaving PTT AVM as Last Major Domestic E-Commerce Platform

Turkiye’s Hospitality Sector Sees Strong Growth in Overnight Stays and Tourist Numbers

Toyota Launches First-Ever Land Cruiser Hybrid in UAE, Blending Off-Road Legacy with Electrified Innovation

CBRT Foreign Exchange Reserves Rise for Fifth Consecutive Week

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