Bloomberg Saudi government institutions invested almost $2.3 billion into the initial public offering (IPO) of …
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Sheikh Mohammed attends 40th GCC Summit in Riyadh
Riyadh / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime …
Read More »Powell steers for economic soft landing thwarted twice
Bloomberg Maybe the third time Jerome Powell will get lucky. The Federal Reserve chairman looked …
Read More »Deutsche Bank vows to avoid capital raise as ECB cuts burden
Bloomberg Deutsche Bank AG Chief Executive Officer (CEO) Christian Sewing vowed that the bank will …
Read More »Morgan Stanley fined $22mn by France
Bloomberg Morgan Stanley was fined 20 million euros ($22.1 million) by French regulators after the …
Read More »Egypt inflation climbs first time in 5 months
Bloomberg Egypt’s inflation rate accelerated for the first time in five months, rising 3.6% in …
Read More »Credit Suisse sues to block $1.6m arbitration award
Bloomberg Credit Suisse Group AG sued two of its former US-based wealth managers in a …
Read More »Lagarde’s green ambition risks losing out to ECB inflation goal
Bloomberg European Central Bank (ECB) president Christine Lagarde is discovering that her grand ambitions for …
Read More »Stocks drop with US futures; Treasuries edge up with gold
Bloomberg US equity-index futures retreated alongside stocks in Europe as investors turned cautious in the …
Read More »SoftBank likely to sell Alibaba stock to fund buyback
Bloomberg The slump in SoftBank Group Corp’s shares could prompt Masayoshi Son to play an …
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