South African Treasury to Seek Spending Cuts, Sunday Times Says
South Africa’s National Treasury will propose a freeze on new public service jobs and procurement contracts for all
2023-09-04 02:45
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
The Surrogates: Trump’s Strategy for Campaigning From Court
Donald Trump is testing a strategy that may soon become a necessity as his legal woes mount: relying
2023-09-03 21:29
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
The Fed likely won't raise rates this month — but November is another matter
Last week's economic data increasingly gave investors hope that the Federal Reserve could hold interest rates steady this month, following a hike in July that brought rates to their highest level in 22 years. But the Fed hasn't ruled out additional rate increases, and that could still happen unless inflation slows further.
2023-09-03 20:25
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