Bloomberg Peru’s leader declared a curfew in the capital Lima to stem violent protests against inflation that have intensified in recent days, leading to clashes with police, temporary food shortages and supply-chain disruptions. President Pedro Castillo announced the curfew in an address to the nation while declaring a state of emergency in Lima and the nearby port city of Callao. ...

Bloomberg Sri Lanka’s parliament meets as an economic crisis spiraled into street protests and a number of lawmakers called for President Gotabaya Rajapaksa to step down due to the mismanagement of the country’s finances and his sweeping executive powers. A ruling coalition partner, the Sri Lanka Freedom Party, said its 14 lawmakers had decided to withdraw support for Rajapaksa’s government ...

Bloomberg Numerous European Union countries expelled Russian diplomats following the apparent slaying of Ukrainian civilians in Bucha, a town near Kyiv that was among the first targets of invading Russian forces. Germany said it was kicking out 40 staff members from the Russian embassy in Berlin with suspected links to spy agencies. France followed suit, saying it was telling 35 ...

  Bloomberg The Reserve Bank of Australia (RBA) is under pressure to begin tightening monetary policy in as little as two months as a strengthening economy together with pre-election budget spending fuels inflation concerns. A number of economists have either brought forward their call for the first interest-rate rise or are highlighting risks from Governor Philip Lowe turning hawkish following ...

  Bloomberg Citigroup Inc is among underwriters that have temporarily paused initial public offerings of new US special purpose acquisition companies until they get more clarity on the potential legal risks posed by recently proposed rules, according to people with knowledge of the matter. The New York-based bank is awaiting feedback from legal advisers regarding underwriter liability among other topics, ...

  Bloomberg Alibaba Group Holding Ltd and Didi Global Inc rallied for a second day, adding $93 billion in value to US listed Chinese stocks as fears of potential delistings eased. The Nasdaq Golden Dragon China Index jumped 7.4%, adding to the climb after Beijing regulators published revised draft rules scrapping requirements that on-site inspections should be mainly conducted by ...

  Bloomberg European stocks advanced and US equity futures were steady on Tuesday while oil gained as investors evaluated the prospect of tougher sanctions against Russia. Bonds retreated amid deepening concern about inflation and the policy response. The Stoxx Europe 600 index edged higher. The energy sector outperformed, with Vestas Wind Systems leading gains for renewable-energy companies amid an uncertain ...

  Sharjah / WAM With the onset of Ramadan 2022, The Big Heart Foundation (TBHF), the Sharjah-based global humanitarian organisation that helps refugees and those in need worldwide, has announced a campaign titled ‘Who am I?’ to appeal for Zakat and general donations. The inspiring campaign calls on our humanitarian spirit without using haunting images of suffering or using the ...

  Bloomberg India’s biggest mortgage lender agreed to buy one of the country’s most valuable banks to create an almost $190-billion behemoth to ride a boom in home loans and consumer spending in the world’s fastest-growing major economy. Housing Development Finance Corp., which issues mortgages to more than half the home buyers in a country of 1.4 billion people, will ...

Sharjah / WAM The Sharjah Social Services Department (SSSD) announced that 94 beneficiaries have enrolled in the “Tamkeen” programme since its launch in 2020. The programme targets the employment of low-income beneficiaries below 45 years of age, who can work with Sharjah government institutions, private entities and the civil sector, to enhance and develop the capabilities and skills of the ...