KHARTOUM:  A month ago, Mohsen Abdelrahman owned a small but profitable jewelry store in Khartoum. Now, he has nothing to his name but a broken lock and a hollowed-out shopfront. 

TOKYO: SoftBank Group reported an annual net loss of over $7.2 billion on Thursday after a bruising year for the tech startup sector in which it is heavily invested.

TOKYO: Nissan said Thursday its full-year net profit slightly topped estimates and offered an upbeat forecast for the current fiscal year, despite warning of “challenging” conditions ahead.

London: The Bank of England on Thursday lifted its key interest rate to the highest level since the 2008 financial crisis, noting inflation remained stubbornly high but that the economy would now avoid recession this year.

NIIGATA: Support for war-torn Ukraine topped the agenda at G7 finance talks on Thursday in Japan, where ministers and central bankers also weighed concerns ranging from banking uncertainty to US debt default fears.

DUBAI: Emirates Group announced a record $3 billion annual profit on Thursday, hailing a “full recovery” for the Dubai-based carrier after last year’s losses due to the pandemic.

ULAANBAATAR, Mongolia: Otgoo recalls running around freely as a child in Mongolia’s once sparsely populated capital city, but he fears a rapid construction boom has now trapped his children in a concrete jungle.

SAN FRANCISCO: Google is expected to enrich its popular online services with more artificial intelligence as it scrambles to catch up with rival Microsoft despite fears that AI poses a threat to society.

KUWAIT: Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in seven markets across the Middle East and Africa, announces its consolidated financial results for the first quarter (Q1) ended March 31, 2023. Over the past 12 months, Zain added 2.2 million active customers, a 4 percent increase to serve 53 million customers.