Amazon plans to lay off 10,000 employees; inflation eases; EY vote on split delayed; L&T Infotech, Mindtree merge; Biden, Xi meet in Bali
15 November, 2022•1 min
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15 November, 2022•1 min
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The Gulf Report: UAE markets cheer on US-Iran ceasefire
Dubai stocks saw their best day in a long while on Wednesday, property data for the first quarter shows the market held its own and other updates from the week.
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IPO is imperative but no panacea for Manipal Hospitals
A public listing will help clean up the hospital chain’s balance sheet after the costly Sahyadri acquisition. But depressed metrics, integration risks and lofty valuations make this far from a clean turnaround story.