NYC, Chicago Clash With Biden as Migrant Surge Crushes Cities’ Finances
An expected surge in migration at the border with Mexico is setting off alarm bells in states and
1970-01-01 08:00
Bain, Abu Dhabi Buy Stake in CI Financial’s US Wealth Unit
Canadian asset manager CI Financial Corp. is selling a 20% stake in its US wealth management unit to
1970-01-01 08:00
Saudi Aramco to Postpone Mega IPO of Energy Trading Unit
Saudi Aramco is pushing back a planned Riyadh initial public offering of its energy-trading business, a deal that
1970-01-01 08:00
Egyptian Pound Devaluation Bets Ease as Citi Sees No Short-Term Move
Traders are pushing back expectations for a devaluation in the Egyptian pound, with Citigroup Inc. predicting that the
1970-01-01 08:00
Abu Dhabi Family Plans Middle East’s Second SPAC Listing
An investment firm backed by Abu Dhabi’s Al Maskari family is planning to list a blank-check firm in
1970-01-01 08:00
Oil Edges Higher With Weaker Dollar and Supply Halts in Focus
Oil rose for the fourth time in five sessions as easing US inflation weakened the dollar and traders
1970-01-01 08:00
MTN in Advanced Talks to Sell Some West African Assets
MTN Group Ltd. is in advanced talks with Axian Group Ltd. to sell some of its West African
1970-01-01 08:00
UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
1970-01-01 08:00
Citigroup to Hire JPMorgan Banker Al-Deweesh as Saudi CEO
Citigroup Inc. is set to hire one of JPMorgan Chase & Co.’s top bankers in Saudi Arabia as
1970-01-01 08:00
Premiums Commanded by Dirty Crude Are Surprising Oil Traders
Asian and European oil buyers are having to pay hefty prices for lower-quality, dirtier crudes as sanctions on
1970-01-01 08:00
Egypt’s Distressed Bonds Fall on Threat of Moody’s Downgrade
Egypt’s dollar bonds sank deeper into distress after Moody’s Investors Service placed the North African nation’s ratings on
1970-01-01 08:00
Egypt Cuts Subsidized Food Allocations to Battle Economic Crisis
Egypt is reducing the amount millions of people can claim under a subsidized food program, part of an
1970-01-01 08:00