UAE Firm Buys 30% Stake in Egypt Tobacco Giant for $625 Million
A United Arab Emirates investment firm bought a 30% stake in Egypt’s largest tobacco firm for $625 million,
2023-09-04 02:21
HSBC Names Saudi Investment Bank Co-Heads Amid Pick-Up in Deals
HSBC Holdings Plc’s Saudi Arabia unit named two new managing directors and co-heads of investment banking, as global
2023-09-04 00:27
Italy Finance Minister Defends New Bank Tax, Confirms 1% Growth
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Italy’s finance
2023-09-03 22:47
Scholz Allies Slam Soeder’s Handling of German Antisemitism Row
Senior members of German Chancellor Olaf Scholz’s ruling coalition lambasted Bavarian Premier Markus Soeder for continuing his coalition
2023-09-03 22:27
Higher-for-Longer Mantra Starts to Weigh on Emerging-Market Debt
Emerging-market central banks are joining their developed peers in pushing back against expectations of a rapid switch to
2023-09-03 21:24
Hunt Pledges Commitment to UK Steelmaking After Tata Aid Report
UK Chancellor Jeremy Hunt said the government is committed to producing steel in Britain after a report of
2023-09-03 21:23
South Africa’s Eskom to Cut 5,000 MW From Grid Until Monday
South Africa’s state-owned power company plans to implement rolling power cuts as multiple generation unit failures compounded the
2023-09-03 21:19
French Wages Tipped to Rise by About 5% in 2023
French wages are expected to rise by about 5% this year, Finance Minister Bruno Le Maire said Sunday,
2023-09-03 21:16
UBS’s Ermotti Says Bank Size Presents No Danger for Switzerland
UBS Group AG’s chief executive officer sought to allay concerns about the banking giant’s size after the takeover
2023-09-03 20:24
Bailey Faces a Grilling, and Summer’s Back: Sunday UK Briefing
Hi again. Here’s what we’re talking about heading into the new week. The big talker: Parliament’s back, and
2023-09-03 20:19
Meloni to Watch Ferrari at F1 GP, Skipping Investor Forum
Investors hoping to hear from Giorgia Meloni at the annual Ambrosetti Forum — particularly on her interventionist moves
2023-09-03 19:28
Ukraine Recap: Russia Targets Odesa Region With Swarm of Drones
Russia launched several waves of Shahed loitering drones overnight, with many aimed at port facilities and other infrastructure
2023-09-03 18:20
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