Browsing: Business

Starbucks Corporation announced its fiscal third-quarter 2026 financial results, significantly outperforming Wall Street predictions in both earnings and comparable store sales figures. Market disclosures revealed that Starbucks stock jumped as the company’s efforts to regain momentum paid off, boosting the outlook for 2026 and causing shares to rise more than five percent during extended trading on the Nasdaq. The Seattle-based retailer reported consolidated net revenues of $9.3 billion for the 13-week period ending June 28, 2026, driven by an 8.1 percent increase in North American store sales and ongoing margin growth across its global operations segments.

During the meeting in Slovakia’s capital, the leaders reiterated their shared dedication to advancing bilateral relations and establishing enduring economic and developmental collaborations. They explored ways to capitalize on emerging industrial, digital, and infrastructural opportunities that could open new avenues for commerce and investment. The discussions underscored the strategic harmony between the United Arab Emirates and the Slovak Republic, particularly in supporting economic diversification, technology exchange, and knowledge transfer initiatives aimed at fostering sustainable progress for both countries. Alongside their economic dialogues, His Highness Sheikh Mohamed bin Zayed Al Nahyan and Prime Minister Robert Fico engaged in comprehensive exchanges concerning regional and international issues of mutual significance. They placed special emphasis on security developments across the Middle East, underlining the importance of strengthening regional stability and promoting diplomatic solutions. The talks highlighted the need for international cooperation and dialogue to achieve a lasting peace that underpins global economic security and humanitarian efforts.

According to an in-depth analysis published by the European Union research organization Eurofound, the European Union is on track to fall short of its Digital Decade objective of employing 20 million information and communications technology specialists by 2030. Official statements from Emirates News Agency confirm that despite several years of continuous job growth within the regional tech sector, the EU is expected to miss its target by a margin of 5 million workers. The report, titled IT Sector in Focus: Evolution of the EU Digital Workforce, highlights that the education and training systems across most European member states are not keeping pace with the current and forecasted corporate demand for specialized digital skills. As a result, companies across the bloc are increasingly relying on recruiting skilled labor from outside the EU to fill urgent staffing shortages.

Lawmakers must close the crypto conflict of interest loopholes or scrap the CLARITY Act, ethics watchdogs tell Congress today. The post Senate crypto bill faces pushback over conflict of interest rules appeared first on Gulf Daily Report: The Gulf’s daily news, fully reported..

The European Central Bank keeps interest rates precisely steady this July to evaluate regional inflation and broader energy risks. The post European Central Bank keeps interest rates steady amid risks appeared first on Gulf Daily Report: The Gulf’s daily news, fully reported..

AHMEDABAD, India/ RankWire.AI / — The United Arab Emirates and India moved to expand economic cooperation across future-focused industries as more than 500 government officials, investors, and business leaders gathered for a new edition of the Investopia Dialogues in Ahmedabad, Gujarat. The event marked the fifth consecutive edition of the global investment platform held in […] The post UAE and India launch Investopia Dialogues to boost investment appeared first on Gulf Daily Report: The Gulf’s daily news, fully reported..

UK private sector wage growth hits six year low of 2.9% as job vacancies drop and labor market conditions cool. The post Private sector wage growth hits six year low in latest UK data appeared first on Gulf Daily Report: The Gulf’s daily news, fully reported..

Indonesia launched its B50 biodiesel mandate in July, targeting Rp170 trillion in foreign exchange savings and lower fossil diesel demand. The post Indonesia targets US$10.8 billion savings with B50 biodiesel appeared first on Gulf Daily Report: The Gulf’s daily news, fully reported..

Brent crude settled at $88.10 and WTI at $82.49 after a weekly rally driven by lower tanker traffic and restricted Gulf oil exports. The post Brent crude tops $88 as oil prices post weekly rally appeared first on Gulf Daily Report: The Gulf’s daily news, fully reported..

Abadi Masela LNG enters construction in Maluku with $20.9 billion investment, domestic gas priority and major revenue projections. The post Indonesia begins building $20.9 billion Masela LNG project appeared first on Gulf Daily Report: The Gulf’s daily news, fully reported..