Business / #ForbesBusiness

Three Point Play: Inside Kevin Durant’s Multimillion-Dollar Basketball, Media

Justice Department Will Reportedly Review Google’s $2.1 Billion Fitbit

Morgan Stanley Axes 1,500 Jobs Amid Uncertain Global Economic Outlook

Saudi Arabia Plans To Spend $272 Billion Next Year Even As The Deficit Looms

After A Rushed CEO Departure, Saudi’s Almarai Has A New Head

Chinese Exports Fall Amid Trade War

Amazon’s Expanding In New York City, Even Though It Scrapped HQ2

UAE-Based Companies Partnering With Alibaba Cloud

Business Now

New Post13 hours ago

Three Point Play: Inside Kevin Durant’s Multimillion-Dollar Basketball, Media and Investing Empire

The NBA superstar has come to New York with three goals in mind: a return to dominance, a defining championship and a lasting business empire. They're all interconnected.
By Steven Bertoni 19 min read
New Post14 hours ago

Justice Department Will Reportedly Review Google’s $2.1 Billion Fitbit Acquisition

Google is already under multiple antitrust investigations.
By Rachel Sandler 7 min read
1 day ago

Morgan Stanley Axes 1,500 Jobs Amid Uncertain Global Economic Outlook

The technology and operations divisions are the hardest hit.
By Lisette Voytko 8 min read
1 day ago

Saudi Arabia Plans To Spend $272 Billion Next Year Even As The Deficit Looms

The world’s largest oil producer is expecting a budget deficit of $50 billion in 2020, more than $15 billion from the previous year.
By Mary Sophia 4 min read
2 days ago

After A Rushed CEO Departure, Saudi’s Almarai Has A New Head

Majed Mazen Rasheed Nofal, a seasoned finance official, is now at the helm of the Saudi Arabia-based dairy producer.
By Mary Sophia 4 min read
2 days ago

Chinese Exports Fall Amid Trade War

Chinese exports have been declining for 12 straight months.
By Rachel Sandler 3 min read
3 days ago

Amazon’s Expanding In New York City, Even Though It Scrapped HQ2

The new investment is on a much smaller scale than HQ2, which envisaged bringing some 25,000 positions to the area. 
By Martin Giles 4 min read
6 days ago

UAE-Based Companies Partnering With Alibaba Cloud

Last week, DIFC announced the launch of WorldFirst—a global currency exchange and payments company acquired by China-based Alibaba Group Holding’s financial technology arm.
By Samar Khouri 2 min read