Author: dailyguardian.ae

HSBC has announced the launch of WorldTrader in the UAE, a digital trading platform providing customers access to a wide range of international investments. The UAE is the first market in the HSBC global network to launch WorldTrader, with select markets in Asia and the Middle East set to follow, the bank said iin a statement. WorldTrader will give HSBC Wealth and Personal Banking (WPB) customers access to up to 80 per cent of global stock market capitalisation to trade equities, exchange-traded funds (ETFs) and bonds, and to invest in mutual funds and fixed-income products, using either HSBC’s mobile app…

Mubadala Capital, and SailGP, the global racing championship, announced a strategic investment to acquire a newly-formed SailGP Team to represent Brazil. Brazil will be the first South American team to join the SailGP league and the first of new teams and new ownerships confirmed ahead of Season 5. Celebrating the announcement, SailGP CEO Sir Russell Coutts said, “Brazil has achieved an incredible history of success in Olympic sailing and it’s fitting they are now entering the professional ranks of SailGP – competing against the best in the world. This opens up a new and very significant market for SailGP and…

We love HP laptop deals, and we’re extra excited about how good this particular sale is. This is an HP exclusive for the HP Pavilion Laptop 15t with Intel Core i7-1355U. If you buy today, it can be yours for just $550, a $450 discount on its regular retail price of $1,000. Sleek and portable, this is an ideal back-to-school PC, but it’s also great for those of us in need of a fast and reliable machine for the office. After all, one must stay ahead of the curve when it comes to everyday tech. Why you should buy the…

Big US lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks, but will be conservative on investor payouts amid economic and regulatory uncertainties, analysts said. The central bank on Wednesday will release the results of its annual bank “stress tests” which assess how much cash lenders would need to withstand a severe economic downturn and how much they can return to investors via dividends and share buybacks. The results come a year after three large banks failed and as higher Fed interest rates continue to squeeze regional lenders’…

Rory McIlroy will return to Yas Links Abu Dhabi for the Abu Dhabi HSBC Championship from November 7 to 10 with his sights set on topping the Race to Dubai Rankings for the sixth time. The current Rankings leader has already booked his place in the penultimate event on the 2024 Race to Dubai thanks to his victory at the Dubai Desert Classic at Emirates Golf Club, a runner-up finish at the Dubai Invitational at Dubai Creek Resort, and strong performances at the first three Majors of the season. The Abu Dhabi HSBC Championship is the first event of the…

OpenAI, the creator of ChatGPT, has announced that it has acquired a startup company called Multi, indicating that some powerful new capabilities could be coming to its AI systems. Multi is an advanced screensharing and collaboration tool made specifically for software engineering teams in mind, allowing for features such as shared cursors and simultaneous screensharing with up to 10 people. That startup is being shut down in its acquisition to OpenAI, however, having posted this statement on their blog: “What if desktop computers were inherently multiplayer? What if the operating system placed people on equal footing to apps? Those were…

Buying term life insurance and investing the difference has long been conventional wisdom in financial planning. You’ve probably heard of this strategy or might already be following it. The essence is to buy a term life plan, a straightforward life insurance policy available at a low cost. These policies allow consumers to get maximum coverage at a minimal cost, enabling them to invest the savings in mutual funds or other asset classes of their choice. Some international insurers charge as much as $950 per month for similar coverage, according to various aggregators. Term life insurance has several advantages. Firstly, it…

India’s selectors on Monday announced a 15-member squad for the upcoming tour of Zimbabwe for the five-match T20I series, starting July 6. Opener Shubman Gill has been named as the captain for the tour and will lead a new-look India side for the five-match T20I series against Zimbabwe in early July following the ICC Men’s T20 World Cup 2024. Abhishek Sharma, Nitish Reddy, Riyan Parag and Tushar Deshpande received maiden call-ups on the back of their impressive IPL 2024 seasons. The squad features just two players from the main squad for the T20 World Cup: Yashasvi Jaiswal and Sanju Samson.…

Game developer Midnight Society cut its ties with Guy Beahm, a popular video game content creator who goes by the name Dr Disrespect, following allegations surrounding a 2020 Twitch ban. In 2020, streaming platform Twitch banned Dr Disrespect shortly after announcing a lucrative new deal with him but didn’t comment on why. While Dr Disrespect continued to stream on YouTube over the past four years, on June 21, former Twitch employee Cody Conners claimed on X (formerly Twitter) that Twitch banned Dr Disrespect because he “got caught sexting a minor in the then existing Twitch whispers product.” Beahm responded, “I…

Dubai’s skyline, adorned with stunning architecture and monumental buildings, has been substantially redefined by real estate technology, also known as PropTech. Digital innovations in PropTech solutions powered by Artificial Intelligence (AI), Big Data, Augmented Reality (AR), Virtual Reality (VR), and the Internet of Things (IoT), have brought about a new era of sustainable practices by transforming Dubai’s traditional real estate management and transaction practices. Let’s find out how: Virtual technologies revolutionising home buyer’s journey Dubai’s tech-savvy real estate players are implementing AR and VR technologies to provide prospective home buyers with an immersive experience while exploring properties remotely. These virtual…