Finance

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...

Markets Marcus Robinson -

Saudi Fund for Development signs first loan agreement with Dominica

Saudi Fund for Development (SFD) formalised its first development loan agreement with the Commonwealth of...

Finance Victoria Winston -

How Abu Dhabi’s investment legacy is fostering economic development

Abu Dhabi and the UAE have long been recognised as important investors in the...

Banking Aditya Dave -

UAE unveils ‘Invest in the Emirates’ campaign, fronted by Idris Elba

The UAE government has unveiled its ‘Invest in the Emirates’ campaign, fronted by Hollywood...

News Shreya Rajput -

UAE, Australia reach trade deal to boost exports, investment

The UAE has reached a trade agreement with Australia that is expected to boost...

Forex Sameer Shah -

Latest

Explainer: What next for Germany’s contentious 2025 budget?

Germany's three-way coalition has been battling for months to resolve differences over next year's budget. Chancellor Olaf Scholz of the Social Democrats (SPD), Economy...

Turkey removed from FATF money laundering grey list in boost to standing

The international crime watchdog Financial Action Task Force (FATF) removed Turkey from its "grey list" of countries that require special scrutiny on Friday, in...

Haiti PM travels to US as Kenyan police patrol capital

Haitian Prime Minister Garry Conille left Port-au-Prince on Friday to travel to Washington and New York, as freshly deployed Kenyan police officers began patrolling...

How will Russia’s frozen assets be used to help Ukraine?

European Union countries formally adopted a plan on Tuesday to use windfall profits from Russian central bank assets frozen in the EU for Ukraine's defence. It is...

US FDIC needs ‘fresh start’ with new chair, White House official says

The White House believes the U.S. Federal Deposit Insurance Corp needs a "fresh start" with a new chair who is not part of the...

Exclusive: New Zealand proposes 6.6% smaller defence budget amid personnel and equipment woes

New Zealand’s proposed defence budget will be 6.6% smaller than the current year's, according to the defence minister's office, even as the armed forces...

City of London calls for financial regulators to find a growth ‘mindset

Britain's regulators lack the mindset to boost growth and the financial sector's global competitiveness, and need parliamentary backing to accept more risk when applying...

UN food agency looks for $400 mln to feed millions in southern Africa

The U.N. World Food Programme (WFP) needs $400 million to feed millions of people in Southern Africa following a drought that plunged parts of...

Eleven US House of Representatives races to watch in 2024

Republicans in the U.S. House of Representatives will defend a narrow majority in the Nov. 5 elections. Below are some of the races to watch...

Citigroup urges dismissal of ex-managing director’s whistleblower lawsuit

Citigroup (C.N), opens new tab urged a judge to dismiss a lawsuit by a former managing director who accused the bank of firing her in retaliation for her...

Switzerland, US agree on exchange of financial account data

Switzerland and the United States signed an agreement on Thursday for a mutual exchange of financial account data, the Swiss Federal Department of Finance...

SM Energy to buy XCL’s Uinta assets for $2 bln, shares slump

SM Energy (SM.N), opens new tab said on Thursday it had agreed to buy some shale assets of oil and gas producer XCL Resources for about...

Brazil’s Lula says there is always room to cut spending

Brazilian President Luiz Inacio Lula da Silva said on Thursday there is always room to cut government spending, after his remarks this week pushing...

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...

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