Kuwait’s $700 Billion Wealth Fund Is Being Eclipsed by Ambitious Neighbors
As Middle Eastern sovereign wealth funds emerge as the go-to investors for some of the biggest deals, the
2023-07-10 12:48
SVB Financial sues US FDIC to recover $1.93 billion
SVB Financial Group, which formerly owned bankrupt Silicon Valley Bank has sued the U.S. Federal Deposit Insurance (FDIC)Corporation
2023-07-10 11:49
Europe Can’t Supply Ukraine With Weapons Fast Enough, Here’s Why
“Before, we had time, but no money,” said Tommy Gustafsson-Rask, head of BAE Systems Hägglunds AB, reflecting a
2023-07-10 07:46
Rutte’s Dutch Government Has Collapsed: Here’s What Comes Next
Dutch Prime Minister Mark Rutte’s government abruptly collapsed on Friday amid infighting over migration policy. Rutte, who’s led
2023-07-09 23:59
Saudi National Bank was denied taking 40% Credit Suisse stake -report
VIENNA Saudi National Bank wanted to increase its stake in Credit Suisse to around 40% from 9.88%, but
2023-07-09 23:15
ECB’s Centeno Sees Inflation Slowing With Core Prices to Follow
European Central Bank Governing Council member Mario Centeno said he’s confident inflation has peaked and is quickly receding,
2023-07-09 22:15
ECB Will Soon Reach Rate Peak at ‘High Plateau,’ Villeroy Says
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The European
2023-07-09 16:56
Top Egypt Bank Gets $250 Million in Loans With Eye on Green Work
Commercial International Bank SAE, Egypt’s largest private bank, secured $250 million in loans from the World Bank’s International
2023-07-09 16:25
Ukraine’s 39-Year-Old Arms Chief Ramps Up Production in Face of Missile Hits
Just months after he was tapped to oversee Ukraine’s arms industry, Oleksandr Kamyshin says it produced more mortar
2023-07-09 14:26
A Glut of Made-in-China Plastic Will Dent Oil’s Growth Machine
Once touted as a key driver of global oil profits, the plastics industry is staring down years of
2023-07-09 08:15
Inflation Cooling, Though Still Too Elevated for Fed: Eco Week
Inflation in the US likely continued to soften in June but a key measure of underlying price pressures
2023-07-09 04:16
France’s Le Maire Says Policies Must Recognize Inflation Easing
French Finance Minister Bruno Le Maire said policymakers must account for the fact that Europe is moving past
2023-07-08 22:51