Dubai Telegraph

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Mutual fund returns show shifting leaders across market-cap categories

Equity mutual funds are classified into different categories based on their investments across market capitalisations, primarily large-cap, mid-cap, and small-cap funds. Large-cap funds invest in well-established companies that tend to be relatively less volatile, while mid-cap funds focus on medium-sized companies.

BHEL wins Adani Power projects valued at up to ₹28,000 crore

New Delhi, Nov 4 (PTI) State-owned BHEL on Wednesday said the company has received four projects, worth ranging between Rs 20,000 crore and Rs 28,000 crore, from Adani Power. The fresh orders involve supply of equipment (boiler, turbine and generator along with auxiliaries) and agreed services for the said projects, BHEL said in an exchange filing.

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Stocks volatile, pound hits record low

Markets seesawed and the British pound took a beating Monday as recession fears brought volatility to the markets.

Apple to make iPhone 14 in India in shift away from China

Apple will manufacture its new flagship smartphone in India, the US tech giant said Monday, as it seeks to diversify production away from a dependence on China.

Cuban voters back liberalized family code

Cubans voted to legalize same-sex marriage and adoption as well as surrogate pregnancies in a referendum over the weekend, the communist country's electoral officials said Monday.

French borrowing to hit record as 2023 budget unveiled

The French government will borrow a record 270 billion euros ($260 billion) next year to finance a budget that includes caps on energy prices that are expected to soar over the winter, officials said Monday.

Pound hits record low versus dollar, Italy stocks up after vote

The pound hit a record low against the dollar Monday on surging fears about the ailing UK economy.

French Greens party boss resigns in fresh blow to left

The head of France's Greens party resigned on Monday after being accused of "psychological violence" by a former partner, dealing a fresh blow to the country's beleaguered left-wing political coalition.

Paris Fashion Week launches with Gaulthier protege

Paris Fashion Week gets underway on Monday, with a protege of Jean-Paul Gaulthier first on the catwalk, while the luxury world awaits the French debut of Victoria Beckham.

Porsche, luxury carmaker with storied history

Germany luxury carmaker Porsche is gunning for a blockbuster IPO on the Frankfurt Stock Exchange this week. Here are five facts about the automobile giant:

Porsche to race onto German stock exchange with mega IPO

Luxury sports carmaker Porsche will this week race onto the Frankfurt stock exchange in what is set to be one of Europe's biggest listings in years, seeking to defy recent market turbulence.

Macau casino stocks surge on mainland travel hopes

Casino stocks soared in Macau on Monday after authorities announced plans to gradually welcome back tour groups from the Chinese mainland, the demographic that makes up the vast majority of punters.

Inflation hits home for Mongolians struggling for basic goods

At Ulaanbaatar's Naiman Sharga money exchange market, elderly women stand in the street waving wads of money at passers-by, encouraging them to change foreign currency to Mongolian tugriks.

Little cheer as Japan, China mark 50 years of ties

Japan and China will mark 50 years of diplomatic relations this month with little public celebration, as increasing friction over territorial rivalries and military spending frays ties.

Netflix and Disney poised to shake up TV ad world

With the launch of cheaper, ad-supported subscriptions, Netflix and Disney+ are expected to bite into the revenue of traditional television channels as the streaming services look toward continued expansion.

Police clash with Iran protesters in London and Paris

Police clashed with demonstrators trying to reach Iran's embassies in London and Paris on Sunday.

Cubans vote on a landmark liberalization of family code

Cubans voted Sunday in a landmark referendum on whether to legalize same-sex marriage and adoption, allow surrogate pregnancies and give greater rights to non-biological parents.

'Don't worry' tops box office amid reported cast conflict

It turns out that, all the noise aside, Olivia Wilde didn't need to worry. The actor/director's new film "Don't Worry Darling" topped the North American box office this weekend, taking in an estimated $19.2 million, industry watcher Exhibitor Relations reported Sunday.

Iran vows 'no leniency' against wave of women-led protests

Iran's judiciary chief vowed no leniency Sunday against the wave of unrest that has rocked the country since the death of young Kurdish woman Mahsa Amini in the custody of the morality police.

United Arab Emirates agrees to supply Germany with gas, diesel

The United Arab Emirates agreed Sunday an "energy security" deal with Germany to supply liquefied natural gas and diesel as Berlin searches for new power sources to replace Russian supplies.

Germany's Scholz cites energy supply 'progress' on UAE visit

German Chancellor Olaf Scholz said Sunday his country was determined to never again rely on a single energy supplier and touted "progress" in gas projects while visiting the United Arab Emirates.

King Charles faces battle to win over UK black community

Queen Elizabeth II's death earlier this month prompted a flood of tributes -- but not from everyone. In Britain's black community, many asked: what had she ever done for us?

Macron restarts reform drive as opponents prepare for battle

French President Emmanuel Macron will get a taste of public resistance to his second-term reform agenda this week during the first nationwide strike called since his re-election in April.

German bakeries fight for survival as costs spiral

Faced with exploding energy and ingredient costs, German baker Tobias Exner has installed new energy-efficient ovens, shortened his opening hours and even considered baking at lower temperatures.

Cypriot carob growers harvest their 'black gold'

Christos Charalambous might be 79 but he is several metres up a carob tree, harvesting a fruit known as "black gold" on the island of Cyprus as his grandson works below.

'You cannot survive': Inflation bites as Thai election looms

Sheltering from rain near Bangkok's Grand Palace, scores of unemployed Thais queue alongside homeless people waiting for free meals as 14-year-high inflation sends living costs soaring -- causing a headache for the government ahead of a looming general election.

Ford's electric drive reinvents historic Michigan factory

Construction crews are back at Dearborn, remaking Ford's century-old industrial complex once again, this time for a post-petroleum era that is finally beginning to feel possible.

EVs at Detroit Auto Show? Consumers have questions

The emerging fleet of electric vehicles (EV) provoked fascination at the Detroit Auto Show, but many consumers were not yet ready to take the plunge to own one themselves.

Hundreds rally in Paris, European cities to denounce Iran regime

Hundreds of expatriate Iranians rallied in Paris and other European cities on Saturday to denounce Iran's crackdown on protests following the death of Mahsa Amini after her arrest by morality police.

W.House blasts 'catastrophic' Arizona abortion ban ruling

The White House on Saturday blasted a court ruling in Arizona that imposes a near-complete ban on abortions in the southwestern US state as "catastrophic, dangerous and unacceptable."

Death toll doubles, hundreds arrested in 'harrowing' Iran protest crackdown

The official death toll has nearly doubled to 35 in a crackdown by Iran's security forces on more than a week of protests that erupted after the death of a young woman in custody.

Victoria Beckham spices up Paris Fashion Week

Having won over critics in New York and London, Victoria Beckham takes the step to the pinnacle of the luxury world with her debut at Paris Fashion Week, which opens Monday.

White House rebukes World Bank chief in climate row

The White House on Friday rebuked the head of the World Bank David Malpass, who is battling charges of climate denial for dodging questions on the role of man-made emissions in global warming.

UK fights inflation with tax-cutting budget

Britain's new government on Friday unveiled a multi-billion-pound package to support households and businesses hit by the highest inflation in decades, cutting taxes as the nation heads for recession.

Dubai Telegraph - Economy (English)