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Caracas / AFP At a popular east Caracas bakery, customers can buy Spanish olive oil, …
Read More »Consumers bear the brunt in shortage-stricken Venezuela
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Why Apple’s fight with FBI is so hard to referee
The fight between Apple and the U.S. government comes down to a technical enigma wrapped …
Read More »McDonald’s all set to make Kazakh debut
Kazakhstan’s first McDonald’s will open March 8 in Astana. The world’s largest fast food chain …
Read More »China’s defense posturing shields its economic distress
China is facing an uphill battle on two fronts. At home, government prestige is waning …
Read More »Citigroup faces fraud suit claiming $1.1bn in losses
Bloomberg Citigroup Inc. was sued for fraud by investors and creditors of a bankrupt Mexican …
Read More »SNB could cut exemption limit if more easing needed, says Jordan
ZURICH / Bloomberg The Swiss National Bank could lower the amount of bank reserves that …
Read More »Alibaba seeks upto $4bn loan from eight banks
Beijing / Bloomberg Alibaba Group Holding Ltd. is seeking a loan of as much as …
Read More »Erste ‘Won’t Touch’ banks as politics turns volatile
WARSAW / Bloomberg Dropping valuations aren’t enough to convince Eastern Europe’s third-largest lender Erste Group …
Read More »PPP to pick up in Saudi Arabia
JEDDAH / Emirates Business Arqaam Capital, the specialist emerging markets Investment Bank, said in a …
Read More »NorthStar hires UBS to help recombination
BLOOMBERG NorthStar Realty Finance Corp., a U.S. mortgage real estate investment trust, hired a division …
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