UAE Firm Buys 30% Stake in Egypt Tobacco Giant for $625 Million
A United Arab Emirates investment firm bought a 30% stake in Egypt’s largest tobacco firm for $625 million,
2023-09-04 02:21
South Africa’s Eskom to Cut 5,000 MW From Grid Until Monday
South Africa’s state-owned power company plans to implement rolling power cuts as multiple generation unit failures compounded the
2023-09-03 21:29
Higher-for-Longer Mantra Starts to Weigh on Emerging-Market Debt
Emerging-market central banks are joining their developed peers in pushing back against expectations of a rapid switch to
2023-09-03 21:27
Bailey Faces a Grilling, and Summer’s Back: Sunday UK Briefing
Hi again. Here’s what we’re talking about heading into the new week. The big talker: Parliament’s back, and
2023-09-03 20:19
Ukraine Recap: Russia Targets Odesa Region With Swarm of Drones
Russia launched several waves of Shahed loitering drones overnight, with many aimed at port facilities and other infrastructure
2023-09-03 18:21
Europe’s Retail Bond Rush Shows Household Savers’ Growing Clout
A pair of bond sales in the past week shows how European governments are increasingly turning to households
2023-09-03 15:53
Forget the Ulez Row and Get On Your Bikes, Says Brompton Boss
Will Butler-Adams doesn’t have much patience for cars, or public transport for that matter. Especially on a warm
2023-09-03 13:48
Foxconn Founder Quits Board After Launching Presidential Bid
Foxconn Technology Group’s billionaire founder Terry Gou resigned from his position on the company’s board as he ramps
2023-09-03 13:22
Swiss Luxury Watchmakers Face Profit Squeeze From Stronger Franc
Swiss luxury watchmakers who’ve weathered the rise of smartwatches, a pandemic and the highest inflation in decades say
2023-09-03 12:59
Oil Industry Elite Hits Singapore to Debate Crude’s Next Twist
Oil’s having a rocky year, swung by jitters over China’s slowdown, OPEC+ supply cuts, and the fallout from
2023-09-03 09:45
Mukesh Ambani succession plan: The new generation taking over from Asia’s richest man
Mukesh Ambani, who heads India's biggest business empire, is preparing to hand over the reins to his children.
2023-09-03 07:48
China’s Fragile Recovery Keeps Policymakers on Alert
China’s trade and inflation data this week will likely signal that the economy’s recovery remains fragile, keeping pressure
2023-09-03 05:17