Staff Reporter – Page 71 – Business Frontier

Staff Reporter

Chinese Brands Targeted by French Fast Fashion Bill

Posted by Staff Reporter - March 18, 2024

France’s Parliament has voted to slow down low-cost “fast fashion”, aiming to make products, especially from Chinese mass producers, less attractive to buyers, as per reports. Analysts and industry practitioners…

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Medtech Start-up Successfully Closes Funding Round

Posted by Staff Reporter - March 18, 2024

ThinkSono, a pioneering medical technology company specialising in ultrasound AI guidance solutions, has announced the successful closure of its latest oversubscribed funding round, securing €2.4 million. The latest round was…

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BMW Middle East Appoints New Managing Director

Posted by Staff Reporter - March 18, 2024

BMW Group Middle East announces a significant leadership change effective from April 1, 2024. Karim-Christian Haririan will assume the role of Managing Director, succeeding Dr Hamid Haqparwar who departs the…

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China-Europe Railway Express Sees Growth

Posted by Staff Reporter - March 15, 2024

The China-Europe Railway Express has seen a significant uptick in operations, with nearly 3,000 trains dispatched in the first two months of 2024. The expansion underscores the service’s growing role…

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Online Shopping Witnesses Rapid Progress

Posted by Staff Reporter - March 15, 2024

As retailers, brands and marketplaces alike are increasingly investing in easy, intuitive user experiences on their e-commerce channels, consumers are coming back to digital more and more. According to data…

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JLL REIT Acquires Luxury Apartments in Suburban Portland

Posted by Staff Reporter - March 15, 2024

JLL Income Property Trust announced the acquisition of Creekview Crossing, a 183-unit apartment community located in the suburban Portland market of Sherwood, Oregon. The purchase price was approximately $61 million…

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Only 6% Banks Ready for Large-scale AI Transformation

Posted by Staff Reporter - March 15, 2024

The 20th anniversary edition of the Capgemini Research Institute’s World Retail Banking Report, published today, reveals 80% of retail bank executives believe that generative AI represents a significant leap in…

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Indian Bankers to Get Higher Salary Hikes

Posted by Staff Reporter - March 15, 2024

Finance professionals in India are in line for higher salary hikes than those in Hong Kong and Singapore this year, underscoring how firms are tapping the nation’s economic boom as…

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China Technology Giant Xiaomi Starts Electric Car Sales

Posted by Staff Reporter - March 15, 2024

Chinese technology giant Xiaomi says it will start deliveries of its first electric vehicle (EV) this month – its first ever foray into the competitive automotive industry. The car’s price…

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FUD Launches O|Kardia with $61Million Investment

Posted by Staff Reporter - March 14, 2024

Four U Development (FUD), a subsidiary of Al Batal Real Estate Investment Group, has launched O|Kardia, a mixed-use project in New Obour City, with a total investment of EGP 3…

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