World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
2023-08-04 15:22
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:46
Billionaire Michael Spencer’s Family Office Loses CEO After Six Months
Michael Spencer, the billionaire behind one of the world’s biggest financial brokerage fortunes, has lost the head of
2023-08-03 19:45
Egypt Looks Beyond Rate Hike to Cool Record Inflation
Not even record inflation looks likely to spur Egypt’s first interest-rate hike since March, with policymakers seen raiding
2023-08-03 13:22
Drugmakers brace for list of first 10 drugs for US price negotiations
By Patrick Wingrove Drugmakers are bracing for the U.S. government's announcement of the 10 prescription medicines that will
2023-08-03 00:59
Egypt Currency Squeeze Sinks Bank Foreign Buffers to New Low
Net foreign assets held by Egypt’s commercial banks went into a record deficit in June, as a lack
2023-08-02 16:50
UK Rail Strike Returns Saturday as Pay Dispute Drags On
Britain is braced for another day of cancellations on its regional and long-distance rail network as workers strike
2023-07-28 22:21
Drugmakers go under the skin, skirting early US Medicare price negotiations
By Michael Erman NEW YORK Injectable versions of some widely-used cancer drugs including Johnson & Johnson's blockbuster multiple
2023-07-28 18:27
Gap Names Mattel’s Richard Dickson as New Chief Executive Officer
Gap Inc. named Mattel Inc. Chief Operating Officer Richard Dickson as its next chief executive officer, ending a
2023-07-26 21:26
Egypt Tries to Coax Dollars Back With Higher Savings Returns
Egypt’s biggest state-owned lenders are dangling higher returns on dollar-denominated certificates of deposit to foreigners and locals, in
2023-07-26 19:17
Arkansas man who beat officer with flagpole on January 6 sentenced to 4 years in prison
A 44-year-old Arkansas man who beat a police officer with a flagpole during the January 6 riot at the US Capitol was sentenced Monday to four years in prison.
2023-07-25 20:24
Return-to-Office Stalwart Austin Increasingly Working From Home
Austin, once a national leader in returning to the office, is quickly becoming a laggard. The Texas capital,
2023-07-24 23:57