News

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

Comment: Why the SBTi’s proposal on carbon offsets will deepen the climate crisis

Climate action has become synonymous with the use of carbon offsets and similar schemes to compensate for emissions. In the race to claim “net...

Thyssenkrupp to pare back funding for steel unit in 50:50 JV with Kretinsky

Thyssenkrupp (TKAG.DE), opens new tab will merely contribute funding to its steel division should the German conglomerate agree on a 50:50 joint venture for the unit...

Explainer: What’s at stake for EDF in Czech nuclear tender?

The stakes are high for France's nuclear power operator EDF, as it waits for the results of a tender to build up to four new reactors...

Thyssenkrupp to pare back funding for steel unit in 50:50 JV with Kretinsky

Thyssenkrupp (TKAG.DE), opens new tab will merely contribute funding to its steel division should the German conglomerate agree on a 50:50 joint venture for the unit...

Capital flows to emerging markets to net $903 billion in 2024, IIF says

Major developing economies are expected to see net capital inflows this year rise by nearly a third to $903 billion, though much of that...

Thales could be tempted by Atos defence assets, says CFO

French defence group Thales (TCFP.PA), opens new tab opened the door on Tuesday to buying part of the strategic assets of troubled IT company Atos (ATOS.PA), opens...

US consumer confidence recovers; inflation worries persist

 U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the labor market, but worries about inflation persisted...

CIBC hires Barclays veteran to expand leveraged finance business

Canadian Imperial Bank of Commerce (CIBC) (CM.TO), opens new tab has hired Brad Aston, a veteran of nearly two decades at Barclays (BARC.L), opens new tab, as...

Foreigners pull money out of EM portfolios after five months of inflows

Foreigners pulled money out of their emerging market portfolios in April on concerns of a tighter monetary policy path in the U.S., with outflows...

US Treasury sets $492 million minimum price for airline warrants auctions

 The U.S. Treasury Department has set a minimum of $492 million in total it is seeking in next week's auctions to sell warrants to...

Trump hush money trial: a timeline of events leading up to the conviction

A jury convicted Donald Trump on Thursday of falsifying records to cover up a $130,000 payment made to buy a porn star's silence before the 2016...

Morning Bid: Japanese consumers, Aussie CPI in focus

A look at the day ahead in Asian markets. Japanese consumer confidence and Australian inflation are the main points of focus for markets in Asia...

Law firm says fake claims were submitted in $5.6 bln credit card settlement

 A U.S. law firm said it unknowingly filed fraudulent claims in a $5.6 billion antitrust settlement with Visa and Mastercard, telling a judge it...

Regulators lack resources to tackle greenwashing, says EU watchdog

Market watchdogs across the European Union have punished few instances of "greenwashing" by financial firms, partly because regulators don't have enough resources to use...

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