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
Norway Irks Wind Power Investors With Plan to Slap 40% Tax
As the US and EU throw billions at building out the industry needed for the transition to a
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
Eskom Head in China as South Africa Grapples With Acute Outages
Eskom Holdings SOC Ltd.’s acting chief executive officer traveled to China, as the South African state-owned utility implements
1970-01-01 08:00
Airbnb Slides as Muted Outlook Shows Cracks in Travel Demand
Airbnb Inc. shares tumbled after the vacation home-rental company gave a cautious forecast for revenue in the second
1970-01-01 08:00
Ahold Delhaize boosted by U.S. sales
(Reuters) -Supermarket group Ahold Delhaize beat expectations with its first-quarter sales on Wednesday, reporting a higher margin for its U.S.
1970-01-01 08:00
Toyota Profit Outlook in Line With Estimates, to Buy Back Shares
Toyota Motor Corp. forecast profit for the current fiscal year in line with analysts’ projections, as new Chief
1970-01-01 08:00
Rape Claims Shake UK Political Titan in Warning to All Business
The Confederation of British Industry was quick to add its support as the MeToo movement forced businesses across
1970-01-01 08:00
Pakistan Keen to Pay for Russian Oil Imports With Chinese Yuan
Pakistan has placed an order for a single cargo of Russian oil, but is keen for a long-term
1970-01-01 08:00
Adnoc to Sell 15% Stake in Logistics Unit in Abu Dhabi IPO
Abu Dhabi’s main energy company will sell a 15% stake in its logistics and shipping unit in an
1970-01-01 08:00