NEW DELHI – Indian Prime Minister Narendra Modi has written to the leaders of the G20 nations proposing the African Union be given full, permanent […]
Category: FINANCE
Hugo Boss shrugs off weaker U.S. sentiment
German fashion house Hugo Boss on Thursday raised its 2025 sales target, betting on strong demand across its markets as it proved immune to weaker U.S. […]
Qatar to invest $5 billion in Iraq over coming years
DUBAI – Qatar intends to invest $5 billion in a number of sectors in Iraq over the coming years, the state news agency quoted Qatar’s […]
Manchester Utd negotiating exclusivity with Qatar’s Sheikh Jassim in $6 billion-plus sale
English football club Manchester United is negotiating granting exclusivity to the consortium led by Qatar’s Sheikh Jassim bin Hamad al-Thani in talks to sell itself for […]
Scientists fight claim EU nature law hurts farmers
BRUSSELS – Claims by centre-right lawmakers that the EU’s flagship bill to restore nature will hurt farmers and endanger food security are not supported by […]
Security alert Altcoins worth $100 billion dropped in hot water
A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned in lawsuits filed by U.S. regulators against exchanges Binance […]
Inside OPEC+, Saudi ‘lollipop’ oil cut was a surprise too
LONDON, June 9 (Reuters) – Saudi Arabia kept under wraps its plan to make a deep cut to its own oil output during a weekend […]
Chinese investors travel to Riyadh conference seeking new markets, capital
HONG KONG/RIYADH Chinese entrepreneurs and investors are travelling to Riyadh this week to attend a business conference, which will bring together business and government leaders […]
President Tayyip Erdogan names Erkan to head Turkey central bank, policy pivot expected
ISTANBUL. President Tayyip Erdogan on Friday appointed Hafize Gaye Erkan, a finance executive in the United States, to head Turkey’s central bank, which is widely […]
FTX founder Sam Bankman-Fried to be released on $250mn bond
The 30-year-old former head of the failed cryptocurrency exchange is accused by prosecutors of allegedly carrying out “one of the biggest financial frauds in US […]