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223 Results-
Gold rises as weakening US economy boosts rate cut chances
Gold rose for a second day as a weakening US economy increased the chance of a ...
Economy -
Stellantis faces $1.7b hit from US tariffs this year
Stellantis has forecasted that US tariffs would cost it 1.5 billion euros (1.7 ...
Business -
Judge approves emergency plan to keep Britain’s largest water company afloat
A judge approved an emergency plan Tuesday to keep Britain’s largest water company ...
Business -
Canada finance minister quits after clash with Trudeau over Trump tariffs, spending
Canadian Finance Minister Chrystia Freeland quit on Monday after clashing with ...
World News -
Bitcoin surges to record high of above $106,000
Bitcoin surged to a record high above $106,000 on Monday after President-elect ...
Banking & Finance -
Repatriation of gold reserves on the rise amid rising geopolitical tensions: Study
An increasing number of countries are repatriating gold reserves as protection ...
Economy -
UAE’s ‘Second Salary’ plan: What you need to know about the new retirement scheme
The UAE’s National Bonds on Monday announced the launch of a ‘Second Salary’ plan, ...
Gulf -
Saudi National Bank growth unaffected by Credit Suisse hit
Saudi National Bank’s growth strategy will be unaffected by the reduced valuation ...
Saudi Arabia -
US regulator sells failed Signature Bank assets to another lender
The US banking regulator has struck a deal to sell most of the assets of the ...
Banking & Finance -
Credit Suisse hit with first lawsuit over financial meltdown
Credit Suisse Group AG was hit with its first US investor lawsuit over the bank’s ...
Banking & Finance -
Saudi Arabia’s fintech Tamara secures $150 mln facility from Goldman Sachs
Saudi financial technology company Tamara secured a $150 million debt facility ...
Technology -
Silicon Valley Bank collapse pushes hundreds to shift to JPMorgan and other US banks
A wave of customers have applied to shift their accounts to large US banks such as ...
Banking & Finance -
Silicon Valley Bank collapse: All you need to know
Shockwaves from the collapse of Silicon Valley Bank pounded global bank stocks on ...
Features -
Lawyers of Abraaj’s Naqvi says fresh evidence may block US extradition
Lawyers for Abraaj Group’s Arif Naqvi, the founder of what was once the Middle ...
World News -
HSBC embarks on huge hiring spree in Saudi Arabia in expansion move
HSBC is hiring dealmakers as “fast as it can” in Saudi Arabia to capitalize on a ...
Banking & Finance -
New UK finance minister to promise to control inflation
New UK Finance Minister Nadhim Zahawi on Tuesday will outline his plans to control ...
World News -
New app initiative to give ten-year-olds online banking access in the UAE
Children as young as ten will be able to earn, save and invest their money through ...
Banking & Finance -
Saudi consumers expected to spend more on online shopping in 2022
Since Saudi Arabia’s Vision 2030 plan was launched back in 2016, the Kingdom’s ...
Economy -
Bahrain expected to get additional financing from Gulf allies: Moody’s
Ratings agency Moody’s said on Tuesday it expects Bahrain to receive additional ...
Economy -
Lebanon’s finance minister signs new forensic audit contract
Lebanon’s finance minister Youssef Khalil on Friday signed a new contract with ...
Middle East -
AstraZeneca expects growth in Q4, even without COVID-19 vaccine
AstraZeneca expects profit growth to pick up this year after the COVID-19 vaccine ...
Business -
European economists publish letter urging debt cancellation
More than 100 economists called Friday on the ECB to give a 2.5-trillion-euro ...
Economy -
Turkey annual inflation rate climbs to 15 percent
Turkey’s annual inflation rate climbed more than expected to 14.97 percent last ...
Economy -
India unveils budget amid COVID-19 slump, considers doubling healthcare spending
Unveiling an annual budget on Monday aimed at reviving an economy that plunged ...
Coronavirus -
COVID-19 vaccines to trigger 5.5 pct growth in global economy in 2021: IMF
The spread of COVID-19 vaccines will power a stronger global economic recovery in ...
Coronavirus -
China ex-banker sentenced to death for bribery, bigamy
The former chairman of one of China’s largest state-controlled asset management ...
Business -
Dubai index leads gains in major stock markets in GCC
Major stock markets in the Gulf rose early on Sunday amid firmer oil prices as ...
Financial Markets -
US dollar falls, euro and pound strengthen
The dollar fell to its lowest in more than two years against the British pound and ...
Economy -
Turkish Finance Minister Albayrak resigns following 30 percent slide in Turkish Lira
Turkish Finance Minister Berat Albayrak said on Sunday he was resigning for health ...
Middle East -
Kuwait finance minister warns state running out of money, salaries under threat
Kuwait’s government is running out of money and will struggle to pay the salaries ...
Gulf