Latest news with #ChandiniMonnappa
Zawya
15 hours ago
- Business
- Zawya
British Airways cancels Doha flights up to June 25
IAG-owned British Airways on Tuesday said it had suspended all flights to Doha up to and including June 25, as airlines halt flights to some Middle East destinations due to safety concerns. (Reporting by Chandini Monnappa in Bengaluru) Reuters
Zawya
16 hours ago
- Business
- Zawya
Wizz Air cancels flights to and from the UAE until June 30
Budget carrier Wizz Air is cancelling flights to and from the United Arab Emirates until June 30, a spokesperson told Reuters on Tuesday. (Reporting by Chandini Monnappa in Bengaluru; Editing by Janane Venkatraman)
Zawya
23-05-2025
- Business
- Zawya
Mideast Stocks: Dubai and Abu Dhabi indexes log sixth straight week of gains
Dubai's main share index and Abu Dhabi's benchmark index logged its sixth straight weekly gain, each closing the week 0.12% higher. On Friday, Dubai's main share index closed up 0.21% while Abu Dhabi's benchmark was flat. Dubai's benchmark index surged to a record high last Friday and continued its upward momentum earlier this week, fuelled by a wave of business agreements between the U.S. and the UAE announced during President Donald Trump's recent Gulf tour. ABU DHABI was flat at 9,665.34 DUBAI up 0.21% to 5,464.16 (Reporting by Chandini Monnappa in Bengaluru; Editing by Leroy Leo)
Yahoo
08-04-2025
- Business
- Yahoo
Barclays scraps diversity targets in US following Trump's stance
By Yamini Kalia and Chandini Monnappa (Reuters) -Barclays (BCS) is scrapping its diversity and inclusivity targets across the United States, the bank said on Tuesday, becoming the latest British company to abandon its inclusivity goals following the U.S. President's opposition to them. "Our representation ambitions for the rest of the group will continue," a Barclays spokesperson said in an e-mail to Reuters. Companies across the globe are scaling back their diversity, equity and inclusion (DEI) goals after President Donald Trump issued executive orders cutting federal programs aimed at supporting women, ethnic minorities, LGBTQ+ people and other traditionally under-represented groups. Bloomberg News reported the change in Barclays' policy earlier in the day. Sign in to access your portfolio
Yahoo
19-03-2025
- Business
- Yahoo
Saudi Aramco-backed Cognite taps India in AI expansion bet
By Chandini Monnappa (Reuters) - Saudi Aramco-backed industrial software firm Cognite on Wednesday opened its AI services center in the southern Indian city of Bengaluru and said it was exploring potential contracts with top conglomerates in the country. The company said it had signed up with a large industrial cement company and a major automotive firm but declined to provide further details. "Cognite is betting on India and is investing millions of U.S. dollars currently and our investment in India will continue to increase," chief strategy officer Hakon Bjerke said. Cognite makes software that allows companies to improve the operations and safety of industrial installations, such as oil and gas platforms. It is controlled by Aker ASA, the investment firm of Norwegian billionaire Kjell Inge Roekke. "The decision to come to India was really the big opportunity here as the world was looking for an alternative to China," CEO Girish Rishi told Reuters. Apple, Tesla and electronic component maker Jabil have announced plans to expand or launch in India following Prime Minister Narendra Modi's push to bring global companies to set up centers. The recent boom in AI is changing the way many companies operate, with manufacturing firms tapping into the technology for streamlining operations, enhancing product quality and optimizing supply chains. Cognite, which recently shifted its headquarters to the U.S., currently counts AkerBP, Japanese refiner Cosmo Energy Holdings and U.S.-based Koch Chemical among its customers. Saudi Aramco, via subsidiary Aramco Overseas Company B.V., has acquired a 7.4% stake in Cognite as of February 2022. Sign in to access your portfolio
