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Last month, Chinese President Xi Jinping directed his government to build a new city for …
Read More »China’s hidden pollution oozes to the surface
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Egypt EFG, TMGH diverge on MSCI changes; Gulf firm with oil at $52
DUBAI / Reuters Shares of Egypt’s EFG Hermes and Talaat Mostafa diverged sharply on Tuesday …
Read More »Dollar falls as traders weigh homes data, Trump
Bloomberg The dollar weakened for a fifth day as traders digested disappointing US housing data …
Read More »EasyJet bets on bigger Airbus jets
Bloomberg EasyJet Plc upgraded an order for 30 Airbus SE narrow-body aircraft to the biggest …
Read More »Nestlé opens AED530 million factory in Dubai South
Dubai / Emirates Business Nestlé Middle East’s 18th factory in the region has been inaugurated …
Read More »Vodafone forecasts 23% surge in free cash flow
Bloomberg Vodafone Group Plc promised to milk more of the cash that flows through the …
Read More »Asia’s top carry trade stokes rupee bulls with RBI on sidelines
Bloomberg Reserve Bank of India’s (RBI) apparent tolerance of rupee gains is burnishing the appeal …
Read More »GIC cuts its ownership stake with UBS by half
Bloomberg Singapore’s sovereign wealth fund GIC Pte ceased being the biggest shareholder in UBS Group …
Read More »Uncertainty over global economy takes its toll on Islamic banking
Reuters Islamic banks have continued to expand their balance sheets and capital buffers, but the …
Read More »Riksbank plans revamp of inflation targeting regime
Bloomberg Sweden’s central bank wants to track a different consumer-price gauge and introduce a tolerance …
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