Latest news and articles about Arab market from NEX English
Huawei has announced a decline in its cloud computing revenue for 2025, despite a slight growth when accounting for domestic customers. This comes amid strong competition from American counterparts in the artificial intelligence sector.
Shares of Pop Mart International Group Ltd. fell sharply by up to 9.7% following analysts' downgrades of their price forecasts. This decline comes amid reports of waning external momentum and increased reliance on the Labubu brand.
Swiss sports shoe manufacturer On Holding has appointed its founders, David Allemann and Caspar Coppetti, as co-CEOs following the end of Martin Hoffman's five-year tenure. This leadership change comes as the company prepares to enter a new growth phase.