Saudi Net Reserves Fall to $410 billion, Lowest Since 2010
Saudi Arabia’s net foreign assets fell to 1.538 trillion riyals ($410 billion) in April, the lowest since January
2023-05-29 00:53
Fed’s Goolsbee Warns US Default ‘Extremely Negative’ For Economy
Federal Reserve Bank of Chicago President Austan Goolsbee expressed optimism that there’s bipartisan support for a tentative deal
2023-05-29 00:21
InfraBuild Secures $350 Million Loan For Purchasing US Assets
InfraBuild Australia Pty, part of Sanjeev Gupta’s metals empire, has secured an asset-backed term loan for $350 million
2023-05-28 23:28
Nvidia CEO Says Those Without AI Expertise Will Be Left Behind
Firms and individuals should familiarize themselves with artificial intelligence or risk losing out, according to Nvidia Corp. co-founder
2023-05-28 22:47
Rolls-Royce May Cut Thousands of Jobs in Turnaround Plan, The Times Reports
Rolls-Royce Holdings Plc could cut thousands of jobs after the company hired consultants led by McKinsey & Co.
2023-05-28 20:22
Lufthansa’s Italian Job Means Overcoming Alitalia’s Lost Decades
Deutsche Lufthansa AG is about to embark on a tough journey to pull off a quick turnaround of
2023-05-28 17:26
Gas Price Plunge Brings Relief to Europe After Energy Panic
European gas prices have plunged to the lowest since mid-2021, when Russia was just beginning to squeeze supplies
2023-05-28 16:18
Biden’s Green Subsidies Are Speeding the UK Car Industry’s Decline
Washington in northeast England likes to boast of its US connections. George Washington’s ancestral home lies at the
2023-05-28 14:59
US debt ceiling: Negotiators agree a deal in principle, McCarthy says
The White House and the Republicans are now said to be ironing out details of a bill to avert a default.
2023-05-28 09:18
Argentina Economic Chief to Fly to China for Swap Line Talks
Argentine Economy Minister Sergio Massa will travel to China next week in a bid to free up more
2023-05-28 06:22
US Jobs Report Is Set to Provide Some Solace to the Fed
US employers are gradually dialing back the pace of hiring and hourly earnings are moderating, offering some solace
2023-05-28 04:24
Africa’s Top Fund Manager, Ex-Telkom CEO, Axian Mull Telkom Bid
Africa’s largest asset manager, the Public Investment Corporation, is backing a possible bid led by the former chief
2023-05-27 23:26