TimeLine Layout

February, 2023

  • 27 February

    Thai election campaign intensifies with key parties promising perks

    BLOOMBERG Thailand’s major political parties are ramping up their policy promises to cement a foothold in regional bastions ahead of a general election in May. Campaigning in north Thailand’s Chiang Rai province, the main opposition Pheu Thai Party vowed to triple farmers’ income during the first four years in office if elected. That will be achieved by introducing new farming ...

    Read More »
  • 27 February

    India’s ‘new alliance’ take on Modi in 2024 vote

    BLOOMBERG India’s main opposition Congress party said it will forge alliances with some regional groups to challenge Prime Minister Narendra Modi’s government in next year’s general elections. Congress had formed coalition governments from 2004 to 2014 with “friendly allies” and will forge alliances with like-minded political groups for the 2024 polls, party President Mallikarjun Kharge said. Congress’ top leadership are ...

    Read More »
  • 27 February

    Northern Ireland deal could be struck in ‘matter of days’: Raab

    BLOOMBERG A deal with the European Union over trade barriers in Northern Ireland could be struck in the coming  days, deputy Prime Minister Dominic Raab has said. “Hopefully there’ll be good news in a matter of days, not weeks.” Raab said in an interview with Sky News’ Sophy Ridge. “We are not there yet. But we are obviously in a ...

    Read More »
  • 27 February

    China to host Belarus leader after seeking ceasefire in Kyiv

    BLOOMBERG China will host the president of Belarus in a state visit this week, welcoming an ally of Vladimir Putin as the US expresses concerns that Beijing may yet decide to provide weapons support to Russia that would assist it in its war in Ukraine. Alexander Lukashenko is visiting at the invitation of President Xi Jinping, China’s foreign ministry said ...

    Read More »
  • 27 February

    Goldman Sachs sees 8% risk premium in shekel

    BLOOMBERG Analysts at Goldman Sachs Group Inc are reluctant to call the worst is over for the shekel after a “significant” risk premium built up in the Israeli currency as a result of domestic political turmoil. The currency’s close correlation with global technology stocks began to break in late January, a deviation that’s continued despite the central bank’s larger-than-forecast hike ...

    Read More »
  • 27 February

    Argentina in talks with IMF to ease ‘key targets’ amid drought

    BLOOMBERG Argentine officials intend to lower a key target in the country’s $44 billion agreement with the International Monetary Fund (IMF) as a severe drought weakens the economic outlook, according to an Argentine government official. Both sides are discussing a smaller figure for net reserve accumulation in 2023, a cornerstone of the deal seen as the only major anchor providing ...

    Read More »
  • 27 February

    HSBC looks to halve space for head office in London

    BLOOMBERG HSBC Holdings Plc is looking for a new global headquarters less than half the size of its current space in London’s Canary Wharf, according to the Sunday Times. The bank is considering a new head office of between 400,000 and 500,000 square feet, the newspaper reported. HSBC has been reviewing its workplace needs once its current lease ends in ...

    Read More »
  • 27 February

    ECB policy will be as restrictive as needed, says Italy’s Visco

    BLOOMBERG The European Central Bank (ECB) will raise interest rates as high as necessary to bring inflation back down to 2%, said Governing Council member Ignazio Visco. It’s impossible for now to say what level borrowing costs will have to reach to achieve that target, Visco, who also heads Italy’s central bank, said in a Bloomberg TV interview. Policy will ...

    Read More »
  • 26 February

    SonicWall reveals top tech trends, predictions for 2023

    DUBAI / GULF TIME Cybersecurity teams have long feared a black swan event. It appeared in 2020 in the form of Covid-19 and the severe security risks posed by shutdowns and a dispersed workforce. Its lingering effects will continue to challenge security teams in 2023. First, the remote/hybrid working trend that it triggered has proved resilient and employees demand a ...

    Read More »
  • 26 February

    JetBlue-Spirit ‘last rites’ meeting sets up possible DOJ lawsuit

    BLOOMBERG Executives for JetBlue Airways Corp and Spirit Airlines Inc met with Justice Department officials in a final bid to persuade the antitrust agency to approve their $3.8 billion merger, said people familiar with the matter. The agency is expected to decide whether to challenge the deal in the next several weeks, the people said, asking not to be named ...

    Read More »
Send this to a friend