German Budget Crisis Deepens With Freeze on This Year’s Finances
Germany’s budget crisis deepened when the Finance Ministry imposed an emergency spending freeze in response to last week’s
2023-11-21 14:51
South Africa’s Telkom in Exclusive Talks to Sell Towers to PE Firm
Telkom SA SOC Ltd. is in advanced talks to sell its tower assets to a private equity firm.
2023-11-21 14:24
China Wealth Fund’s Infrastructure Head Resigns in Latest Loss
China Investment Corp.’s head of infrastructure investment is leaving, adding to the talent loss at the $1.4 trillion
2023-11-21 14:21
OpenAI in ‘Intense Discussions’ to Unify Company, Memo Says
OpenAI is in “intense discussions” to unify its divided staff, Vice President of Global Affairs Anna Makanju wrote
2023-11-21 14:21
Philippines Eyes Use of Digital Currency in Sovereign Bond Sales
The Philippines’ Bureau of the Treasury is looking to team up with the central bank to expand the
2023-11-21 14:20
China and Saudi Arabia Sign Currency Swap Worth $7 Billion
China and Saudi Arabia signed a local-currency swap agreement worth around $7 billion, deepening their ties as countries
2023-11-21 13:59
Crypto Boosted by Possible End to US Criminal Probe of Binance
The prospect of a resolution of the US criminal investigation into Binance, crypto’s linchpin exchange, led to a
2023-11-21 13:54
Dubai’s First Privatization in a Year Sells Out in an Hour
Dubai Taxi Co.’s initial public offering of as much as 1.16 billion dirhams ($315 million) received enough orders
2023-11-21 13:47
Top Abu Dhabi Health Firm Set to Join Middle East Listing Spree
Abu Dhabi-based PureHealth Holding PJSC, a health-care platform controlled by one of the city’s sovereign wealth funds and
2023-11-21 13:24
‘Unrealistic’ Land Pledges Weaken US, Saudi Arabia Climate Goals
More than 100 countries have pledged about 1 billion hectares (3.9 million square miles) of land — more
2023-11-21 13:19
China Guides Banks to Cap Early 2024 Loans, Shift Some Forward
China’s central bank has encouraged lenders to cap the amount of new loans they issue in early 2024
2023-11-21 12:57
Wanda Proposes Extending Payment on a Dollar Bond by 11 Months
A unit of Chinese conglomerate Dalian Wanda Group Co. proposed to extend the maturity date of a dollar
2023-11-21 12:55