BRICS Expansion Gets Interesting If Saudis Join, Jim O’Neill Says
Adding countries to the BRICS bloc will matter economically if Saudi Arabia is one of them but otherwise
2023-08-21 18:18
Estee Lauder forecasts weaker annual forecast on slow recovery in Asia travel retail
Estee Lauder projected full-year net sales and profit below market expectations on Friday, signaling a slower-than-expected recovery in
2023-08-18 18:49
$3 Narcotic Pill Sold in The Gulf Worries European Officials
Europe is bracing for the possible influx of a drug that’s hooked the Middle East as political shifts
2023-08-17 09:22
PSG’s Abdou Diallo Joins Qatar’s Al-Arabi as Gulf Football Signings Multiply
Paris Saint-Germain said defender Abdou Diallo is joining Qatari club Al-Arabi, adding to a rush of transfers to
2023-08-16 14:20
Oil Holds Decline as China Concerns Persist and Dollar Advances
Oil was steady after a loss on Monday on concerns around the health of the Chinese economy and
2023-08-15 11:28
RBA Sees a ‘Credible Path’ to Inflation Target at 4.1% Rate
Australia’s central bank sees a “credible path” to return inflation to its 2-3% target with interest rates at
2023-08-15 10:51
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
2023-08-15 01:48
Hedge Funds Turned Long Aussie Dollar at Just the Wrong Time
Hedge funds turned the most bullish on the Australian dollar than they’ve been at any point this year,
2023-08-14 11:15
Saudi Arabia Plans to Issue $9.6 Billion in Sukuk After Buyback
Saudi Arabia has completed an early purchase of more than 35.7 billion riyals ($9.5 billion) of outstanding debt
2023-08-13 23:23
India’s Adani Ports says Deloitte auditor resignation arguments not convincing
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -India's Adani Ports on Saturday said Deloitte's reasoning to quit as
2023-08-12 23:57
India’s Russian Oil Buying Spree Continues Even as Prices Climb
Indian buyers, key consumers of cheap Urals crude since the invasion of Ukraine, have no plans to turn
2023-08-11 10:45
Sliding Aussie Seen Stoking Prices as Shock-Absorber Fades
Australia’s depreciating currency, historically a boon for the world’s 12th largest economy, appears more likely to fuel inflation
2023-08-11 09:21