Al Abdullatif swings to SAR 32.9 mln loss in 9M 2020
Argaam Tools × 04/11/2020 Argaam Exclusive Al Abdullatif Industrial Investment Co. posted a net loss after Zakat and tax of SAR 32.9 million for the first nine months of 2020, against a net profit after Zakat and tax of SAR 9.7 million in the same period last year. The company attributed the loss to a sharp decrease…
Tasnee CEO says petrochemicals sector to get better at a slower...
The petrochemicals industry is forecast to recover at a slower pace, with a slight rally in product prices in Q4 2020, Mutlaq Al-Morished, Chief Executive Officer (CEO) at National Industrialization Co. (Tasnee) told Argaam. “I believe the industry will recover in 2021 – 2022 amid the current circumstances, however, the recovery pace can be faster…
Union Financial institution of India sees win earnings bounce 55% to Rs 517 crore in Q2
State-owned Union Bank of India on Friday reported a 55.3 per cent jump in its net profit at Rs 517 crore in the second quarter ended September. TopicsUnion Bank of India State-owned Union Bank of India on Friday reported a 55.3 per cent jump in its net profit at Rs 517 crore in the second…
Tumble in Q2 auto gross sales washes out Q1 beneficial properties in rural markets, says Crisil
In the second quarter, the pandemic penetrated deeper into the hinterland, and the share of fresh rural cases more than doubled to 38 per cent by September TopicsAuto sales | Rural auto sales | Crisil report High coronavirus infections in hinterland during the second quarter had an unusual collateral victim - auto demand that plunged during the period as…
Trump sues in 3 states to contest election results as Biden stays forward
Democrats scoffed at the legal challenges the president's campaign filed Wednesday in Pennsylvania, Michigan and Georgia TopicsUS Presidential elections 2020 | Donald Trump AP | PTI | Washington Last Updated at November 5, 2020 15:28 IST As Democrat Joe Biden inched closer to the 270 Electoral College votes needed to win the White House, President Donald Trump's…
India coronavirus dispatch: AYUSH suggestions add to confusion on norms
Ed-tech boom, impact on ecological research, and fresh research on Covid-19 treatment--news on how the country is coping with the pandemic TopicsCoronavirus Tests | Coronavirus Vaccine AYUSH recommendations muddy the discourse on Covid-19 treatments: In October, the AYUSH ministry—which oversees the propagation of alternative medicine in India—had provided guidelines to incorporate "Ayurveda and Yoga therapies" into the…
Zomato raises $195 mn in funding from 6 investors, valued at $3.6 bn
Upon closing of the fund raise, Info Edge's shareholding in Zomato shall stand reduced to about 20.8 per cent on fully converted and diluted basis TopicsZomato | fund raising | Investors Photo: Zomato Info Edge on Friday said its investee company Zomato has raised $195 million (about Rs 1,455.4 crore) in funding from six investors including Luxor, Kora, and…
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Business
Harmon’s 22 ingredients sends Oklahoma previous No. 9 Kansas 75-68
De’Vion Harmon scored 22 points and Oklahoma beat No. 9 Kansas 75-68 Saturday for its second victory this month over a top-10 opponent.Oklahoma (9-4, 5-3 Big 12) has won three of its last four games against Kansas (10-5, 4-4) in Norman and is 8-1 at home this season at the Lloyd Noble Center. Included in…
Sasser, Grimes lead No. 8 Houston previous Temple 68-51
Kelvin Sampson watched his Houston team win another rout and found "two or three areas" of needed improvement. Clean those up and another number comes into focus for the Cougars: a potential No. 1 seed in the NCAA Tournament."If we get better in the areas we need to be good at," Houston’s coach said, "all…
Mahoney ratings 20, leads No. 11 Creighton past No. 23 UConn
Denzel Mahoney scored 20 points and 11th-ranked Creighton broke open a close game in the last 10 minutes to beat No. 23 Connecticut 74-66 Saturday.The Bluejays (11-4, 7-3 Big East), who struggled offensively while losing their previous two games, shot 58% in the second half and avoided their first three-game losing streak since February 2019.Mahoney…
FA Cup holder Arsenal eliminated, Man Metropolis survives grief
Last season’s FA Cup winner Arsenal was eliminated from the competition in the fourth round on Saturday thanks to Gabriel’s own-goal in a 1-0 loss to Southampton, while Manchester City survived a scare to beat fourth-tier Cheltenham 3-1.In an otherwise close game, Gabriel's decision to try to block a shot from Kyle Walker-Peters proved decisive…
Syracuse dominates No. 16 Virginia Tech in 78-60 diagram shut
Quincy Guerrier had 20 points, Marek Doelzaj added 18 and Alan Griffin had 15 points, 10 rebounds and a career-high seven blocks for his fourth double-double of the season, and Syracuse defeated No. 16 Virginia Tech 78-60 on Saturday.The Orange (9-4, 3-3 Atlantic Coast Conference), who badly needed a quality win to build its resume…
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Trump out, Biden in: What did the media learn?
From: The Listening PostA look at the US media’s inauguration coverage. Plus, Nigerian digital outlets that told the #EndSARS story.RelatedWe assess the damage Donald Trump has inflicted on US news and also the damage media outlets have done to themselves.What will fill the space Trump once had in US news? Plus, a look at Ethiopian…
US television host Larry King dies worn 87
Renowned US television broadcaster Larry King has died aged 87 in Los Angeles. A production company he co-founded, Ora Media, did not state a cause of death on Saturday but media reports said King had been battling COVID-19 for weeks and had suffered several health problems in recent years, including a near-fatal stroke in 2019…
In Lebanon, Israeli warplanes terrify a traumatised population
Beirut, Lebanon – Over the last month, Israeli jets have carried out some of their biggest air raids yet in Syria, apparently striking Iranian targets. It may have been the Lebanese next door, though, who trembled with greater fear. Some took cover under a table or a sink, others hid in their cars. The roar…
Blast heard in Riyadh as Saudi Arabia intercepts ‘adverse target’
Saudi Arabia’s airport delays flights after the kingdom intercepts apparent missile or drone attack over its capital.Saudi Arabia intercepted an apparent missile or drone attack over Riyadh on Saturday, said state media in the kingdom, which has come under repeated attacks from Yemen’s Houthi rebels since 2015. Social media users posted videos of what appeared…
Taiwan reports dapper incursion by China’s air power
Taipei says Chinese combat aircraft, including nuclear-capable H-6K bombers and four J-16 fighter jets, entered its airspace.Nuclear-capable Chinese bombers and fighter jets entered the southwestern corner of Taiwan’s air defence identification zone on Saturday and Taiwan’s air force deployed missiles to “monitor” the large-scale incursion. Taiwan’s air force warned away the Chinese aircraft, the defence…
Harmon’s 22 ingredients sends Oklahoma previous No. 9 Kansas 75-68
De’Vion Harmon scored 22 points and Oklahoma beat No. 9 Kansas 75-68 Saturday for its second victory this month over a top-10 opponent.Oklahoma (9-4, 5-3 Big 12) has won three of its last four games against Kansas (10-5, 4-4) in Norman and is 8-1 at home this season at the Lloyd Noble Center. Included in…