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Bloomberg Oil rose for a third day after Saudi Arabia pushed for a deeper output …
Read More »Oil rises as Saudis push for deeper Opec+ output cuts
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World Bank commits $12 billion to fight coronavirus outbreak
WASHINGTON / WAM The World Bank Group announced it is making available an initial package …
Read More »Global air cargo demand down 3.3% in January
GENEVA / WAM The International Air Transport Association (IATA), released data for global air freight …
Read More »Enoc Misr commences production in Egypt
CAIRO / WAM Enoc Misr, a joint venture between Proserv Group and the UAE’s Emirates …
Read More »Fed cuts rates in emergency move amid spreading virus
Bloomberg The Federal Reserve slashed interest rates by half a percentage point in the first …
Read More »EU weighing tougher bank-rescue rules after outrage over bailouts
Bloomberg European Union (EU) officials are weighing a new crackdown on bank bailouts after national …
Read More »Brazil mulls rate cut as virus threatens growth
Bloomberg Brazil’s central bank opened the door to more interest rate cuts as it signalled …
Read More »India’s RBI chief sees rate cut as option amid virus threat
Bloomberg India’s central bank governor said he’s ready to act to shield the economy from …
Read More »BOK to monitor, seek to stabilise markets after Fed cut
Bloomberg The Bank of Korea (BOK) said on Wednesday it will seek to monitor and …
Read More »Virus fears drag Indian rupee to record low
Bloomberg Cracks are starting to appear in rupee’s defences with new coronavirus cases being reported …
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