VIENNA / WAM The Opec Fund for International Development (OFID) is contributing $50 million to ...
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Tesla fires sound alarms about safety of EV batteries
Bloomberg Electric vehicles may be less prone to catch fire than gas guzzlers, but recent ...
Read More »Jet-powered flying taxi unveiled after first flight
Bloomberg The world’s first all-electric vertical takeoff and landing passenger jet has been unveiled after ...
Read More »Robots take wheel as autonomous farm machines hit the field
Bloomberg Robots are taking over farms faster than anyone saw coming. The first fully autonomous ...
Read More »Citigroup hit hardest as EU fines banks $1.2bn over forex trading
Bloomberg Citigroup Inc., Royal Bank of Scotland Group Plc and JPMorgan Chase & Co. are ...
Read More »Negative rates are peanuts among bank woes: Coeure
Bloomberg Negative interest rates are not the main culprit for European banks’ feeble profitability, European ...
Read More »Biggest Swedish lender pulling out of Baltic business over high costs
Bloomberg Sweden’s biggest lender, Svenska Handelsbanken AB, is pulling out of the Baltic region arguing ...
Read More »Philippines central bank mulls reserve ratio cuts
Bloomberg The Philippine central bank will consider reducing the reserve requirement ratio for lenders further ...
Read More »Indonesia keeps key interest rate unchanged as global risks mount
Bloomberg Indonesia’s central bank left its benchmark interest rate unchanged as the currency comes under ...
Read More »Chinese airlines mull teaming up for 737 Max compensation
Bloomberg China’s biggest airlines are considering banding together to seek compensation from Boeing Co for ...
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