British ministers head to the GCC for talks on new trade deal

Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a possible trade deal, the government said. Trade secretary Jonathan Reynolds and minister for trade policy Douglas Alexander will meet their counterparts from the GCC region, which comprises...

French ratings reprieve reason to push harder on budget, minister says

France should step up its efforts to revive its public finances and meet its medium-term fiscal target, Finance Minister Bruno Le Maire said on Friday after Moody's and Fitch decided to spare the...

Huawei’s Harmony aims to end China’s reliance on Windows, Android

Packed into a small room, a drone, bipedal robot, supermarket checkout and other devices showcase a vision of China's software future - one where an operating system developed by national champion Huawei has...

UAE, Australia reach trade deal to boost exports, investment

The UAE has reached a trade agreement with Australia that is expected to boost shipments of agricultural products and resources, as well as provide Abu Dhabi with greater access to investment in green energy and...

EU leaders pick von der Leyen for second term as Commission chief

European Union leaders agreed to nominate Ursula von der Leyen of Germany for a second five-year term as president of the European Commission, the EU's powerful executive body. At a summit in Brussels, the...

Finland’s Thatcher tests limits of local frugality

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Yellen says US economy strong, all options open on China’s overcapacity

CHINA OVERCAPACITY Yellen told Reuters no option was "off the table" for dealing with one threat to the U.S. economy - overproduction in China, which was hurting manufacturers in numerous countries. She said that while Chinese policymakers have acknowledged they have a problem with excess industrial capacity for electric vehicles, solar panels and other clean energy goods, they need to address it. The issue was "discussed intensively" last week at a U.S.-China meeting on the sidelines of the International Monetary Fund and World Bank spring meetings in Washington, she said. Asked about potential for new tariffs or other actions to protect U.S. producers from an expected flood of Chinese exports, Yellen said she would...

British ministers head to the GCC for talks on new trade deal

Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a possible trade deal, the government...

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Strained Chinese cities struggle to pay home buying subsidies

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UAE, Australia reach trade deal to boost exports, investment

The UAE has reached a trade agreement with Australia that is expected to boost shipments of agricultural products and resources, as well as provide Abu Dhabi with greater access to investment in green...

UAE citizens “blindly” signing up for loans – dep pm

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Saudi Arabia’s real GDP shrinks by 0.3% in Q2 2024, oil weighs

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Lebanon, UAE and Saudi Arabia dominate list of influential Arabs

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Canada’s RBC, CIBC post bigger-than-expected profits on capital markets strength

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Saudi Arabia sets up new Aramco share sale that could raise $13.1 billion

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EU agrees to quit energy investment treaty over climate concerns

European Union countries unanimously agreed on Thursday to quit an international energy treaty over concerns that it protects fossil fuel investments and undermines efforts...

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