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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

Amid merger speculation, Brazilian airline Gol parent talks with Azul

The parent company of Brazilian airline Gol <GOLL4.SA> has started talks with rival Azul to "explore opportunities," both airlines said on Monday, following media...

Turkish economy expands 5.7% in first quarter on strong domestic demand

Turkey's economy grew 5.7% in the first quarter, in line with expectations, official data showed on Friday, driven by strong domestic demand. Growth is expected...

Who is Michael Cohen, the former fixer who helped get Trump convicted?

Michael Cohen once said he would take a bullet for Donald Trump. But on Thursday, Trump was convicted on felony charges based largely on the onetime loyal fixer's...

What happens if ANC loses majority in South Africa election?

South Africans vote in national and provincial elections on May 29 with opinion polls suggesting the governing African National Congress will lose its majority for the...

China cashes in banking chips for tech drive

China is roping in financial blue-chips in a renewed push to achieve technological self-sufficiency. Six of the country's biggest lenders have invested in Beijing's...

Amid bankruptcy process, Brazil airline Gol swaps finance chief

Brazilian airline Gol announced on Friday that its board elected Eduardo Gotilla as its new chief financial officer, while also posting preliminary results for...

Iceland elects businesswoman Halla Tomasdottir as new president, beating former PM

Halla Tomasdottir, an entrepreneur, has won Iceland's presidential election and will take over the mostly ceremonial role from incumbent Gudni Johannesson, broadcaster RUV reported...

Egypt’s economy likely to grow by 4.2% next year, says minister

Planning Minister Hala al-Saeed predicted Egypt's economy would grow by 2.9% or 3% in the financial year to end-June before accelerating to 4.2% in...

Morning Bid: Dollar recoils at 160 yen, Tesla’s China joy

A look at the day ahead in Asian markets. Asian FX traders will be on heightened Japanese intervention alert again on Tuesday after Tokyo reportedly stepped into the market...

In the Market: In Asia, people ask, how do I derisk from America?

A European private wealth manager in Hong Kong told me last week he recently got the catalyst he needed to land a Taiwanese billionaire's...

Sign of intervention? Japan’s yen jumps against dollar

The yen jumped against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities as a trigger for the bounce in a...

Explainer: What S&P’s ratings downgrade means for France

Standard & Poor's (S&P) decision to downgrade its rating on France's sovereign debt should in the short term deliver more political sting than pain...

Morgan Stanley shareholders urged to vote against pay proposal by proxy adviser

Morgan Stanley shareholders should vote against its proposal for executive pay at the bank's annual meeting on May 23, according to a recommendation by...

Pakistan inflation slows to 11.8% in May, lowest in 30 months

Pakistan's consumer price index (CPI) in May rose 11.8% from a year earlier, data from the Pakistan Bureau of Statistics showed on Monday, the...

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