Tuesday , 16 December 2025

Recent Posts

Canada calls Boeing’s trade challenge ‘lousy customer ties’

Bloomberg Boeing Co.’s pursuit of a trade complaint against Canadian rival Bombardier Inc. at a time it’s negotiating with the government on a major sale of military aircraft is “lousy customer relations,” Canada’s ambassador to the US said. Boeing alerted Canada shortly before the company petitioned the US to probe whether Bombardier’s C Series aircraft is being sold at unfairly …

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In surprise move, Egypt central bank hikes key interest rates

CAIRO/ Reuters Egypt’s central bank raised its key interest rates by 200 basis points, citing stronger economic growth and falling unemployment, confounding the expectations of economists who forecast rates were unlikely to change. At a meeting of its Monetary Policy Committee, the bank hiked its overnight deposit rate to 16.75 percent from 14.75 percent and its overnight lending rate to …

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RBS trial delayed over 2008 rights issue

Bloomberg Royal Bank of Scotland Group Plc’s (RBS) trial over its 2008 rights issue will be postponed for at least a day as investors suing the bank weigh an improved settlement offer. The bank doubled its offer as Chief Executive Officer Ross McEwan staged a last-minute personal intervention, according to a person with knowledge of the matter, who asked not …

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