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
1970-01-01 08:00
Turkish Inflation to Shift Into Higher Gear After Tax Hikes
After eight months of deceleration, Turkish inflation probably ticked back up in July on the back of a
1970-01-01 08:00
Oil Pares Risk-Off Decline With US Inventory Drop in Spotlight
Oil edged higher after posting the biggest loss in five weeks as traders took stock of a broad
1970-01-01 08:00
UK Pledges £58 Million to Support Food Security in Nigeria
UK Foreign Secretary James Cleverly on Wednesday announced a 58 million pound ($73 million) aid package to boost
1970-01-01 08:00
Eskom Slaps Conditions on Emergency Bidders to Stop Grid Hogging
Eskom Holdings SOC Ltd. has imposed conditions to access the national grid on 1,850 megawatts worth of projects
1970-01-01 08:00
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
1970-01-01 08:00
Gun Attack Leaves Swedish Consulate Employee Wounded in Turkey
A gunman attacked Sweden’s honorary consulate in the Turkish city of Izmir on Tuesday, leaving an employee of
1970-01-01 08:00
Oil Rises After Industry Report Points to Massive Inventory Draw
Oil resumed a rally after an industry estimate pointed to a huge drawdown in US inventories, adding to
1970-01-01 08:00
China’s Oil Demand May Have Peaked for 2023 in Blow to Bulls
China’s appetite for fuels and other oil-derived products such as plastics may have peaked for this year as
1970-01-01 08:00
Saudi Wealth Fund Hires Banks for Second Bond Sale This Year
Saudi Arabia’s sovereign wealth fund has hired banks for a debut Islamic dollar bond sale to help finance
1970-01-01 08:00
Nomura’s Digital-Asset Subsidiary Gets Full Dubai Crypto License
Dubai awarded a full crypto license to a subsidiary of Nomura Holdings Inc., one of the first such
1970-01-01 08:00
Aston Martin Raises £216 Million From Backers to Cut Debt
Aston Martin Lagonda Global Holdings Plc raised £216 million ($277 million) by selling new shares as the British
1970-01-01 08:00