Browsing Category
Business
Annual inflation up to 9.9 percent in the euro area, up to 10.9 percent in the EU
Annual inflation in the euro area rose from 9.1% in August to 9.9% in September 2022. The rate was 3.4% a year earlier. In September 2022, inflation in the European Union was 10.9%, up…
Read More...
Read More...
Big earnings week lifts US stocks, but Tesla sinks
US stocks rose in morning trading Thursday as markets searched for direction amid mixed earnings news. S&P 500 rose 0.8% as of 10:13 AM EST. Dow Jones Industrial Average gained 339…
Read More...
Read More...
Tesla will not overtake Apple in market value – Wall Street analysts
In a report published today by Bloomberg, Wall Street analysts disputed Elon Musk's claim that Tesla Inc. would one day surpass Apple Inc. and Saudi Aramco in valuation. In an article…
Read More...
Read More...
French cement company Lafarge admits making payments to the Daesh group
Lafarge, a French cement company, admitted Tuesday it paid millions of dollars to Daesh to keep a plant operational in Syria. This was during a time when the militant group enslaved and…
Read More...
Read More...
Debt forgiveness by late 2023, IMF staff agreement with Somalia
A team from the International Monetary Fund (IMF) reached an agreement with Somalia that will allow the release of about $10 million to that country once it has been approved by the…
Read More...
Read More...
UAE and Japan to launch visa-free travel on November 1
UAE citizens with ordinary passports do not need a visa to travel to Japan, according to the Ministry of Foreign Affairs and International Cooperation. Starting from 1st November, 2022,…
Read More...
Read More...
UK PM Truss sacrifices finance minister, scraps tax plan in fight for survival
In a desperate attempt to stay in power and survive the current market and political turmoil gripping the country, British Prime Minister Liz Truss fired her finance minister Kwasi…
Read More...
Read More...
Asian central banks have been urged by the IMF to tighten policy further
The International Monetary Fund has stated that most Asian central banks must tighten monetary policy further. This is because rising commodity prices and their currencies'…
Read More...
Read More...
Bandenia Challenger Finance and AB Bank Bangladesh ink MOU to grow global trade
MENA Newswire: In a landmark financial agreement, Dubai-based Bandenia Challenger Finance, a subsidiary of the Europe-based BCB, signed a Memorandum of Understanding (MOU) with Arab…
Read More...
Read More...
Rail company Etihad Rail completes main line tracklaying in Sharjah and RAK
Etihad Rail, the developer and operator of the UAE National Rail Network, has completed the main work of the UAE National Rail Network by laying track in Sharjah and Ras Al Khaimah as…
Read More...
Read More...