New Rising Stars Are Powering Gulf’s $50 Billion Spending Spree
Oil-rich Gulf monarchies are channeling more international deals via state-backed firms instead of the region’s sovereign wealth funds,
2023-09-01 13:56
What a doctor's death in a lift tells us about Africa's debt crisis
Nigeria spends twice as much on debt repayments than on health and education combined, a report says.
2023-09-01 09:17
California Approves Boosting Natural Gas Storage at Site of Worst Leak
California regulators approved a proposal to inject more natural gas at Sempra Energy’s Aliso Canyon Natural Gas Storage
2023-09-01 08:28
Laurentian Bank Drops as CEO Is Silent About Strategy Review
Laurentian Bank of Canada is still conducting a strategic review that could lead to a sale, but the
2023-09-01 05:53
Covid fraudster used pandemic rescue funds to buy alpaca farm
The pizzeria owner used a $660,000 Covid-era loan to buy a farm, cars, and radio airtime.
2023-09-01 05:20
Fake Spare Parts Were Supplied to Fix Top-Selling Jet Engines
European aviation regulators have determined that an obscure London-based company supplied bogus parts for repairs of jet engines
2023-09-01 02:58
VIX Fear Gauge’s Only Competitor Set to Vanish From the Market
The financial market’s biggest and most prominent measure of fear could soon see its only competitor disappear. After
2023-09-01 02:25
Virtu Sues to Block Tech Executive’s Move to Rival Clear Street
Market-making firm Virtu Financial Inc. sued to block its former head of client technology from accepting a senior
2023-09-01 01:59
China Cuts Down Payment, Mortgage Rates in Stimulus Drive
China allowed large cities to cut down payments for homebuyers and encouraged lenders to lower rates on existing
2023-09-01 01:48
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:16
Klarna Shrinks Losses With Sales Growth and Cost-Cutting
Klarna Bank AB’s losses narrowed in the first half of the year as its growing customer base continued
2023-08-31 16:53
Irish fuel duty and hospitality taxes to increase
The increases, which come into effect from midnight, follow a number of temporary reductions.
2023-08-31 16:51