Dubai’s Biggest Lender Names Asarpota CEO of Investment Bank Arm
Emirates NBD PJSC appointed Hitesh Asarpota as chief executive officer of its investment banking division, replacing Mohammad Al
2023-07-31 20:18
Pakistan Keeps Rate at Record Despite IMF Call for Tightening
Pakistan’s central bank kept its benchmark rate unchanged despite the International Monetary Fund calling for further tightening to
2023-07-31 19:58
UBS to Dispose of Riskiest Credit Suisse Loans to Asian Clients
UBS Group AG is planning to exit billions of dollars in loans to Credit Suisse’s clients in the
2023-07-31 19:26
Citigroup lifts S&P 500's year-end target to 4,600
Citigroup raised its year-end target for the S&P 500 by 15% as it now sees a higher probability
2023-07-31 17:50
UAE Oil Giant Adnoc Sets Tougher Climate Targets Before COP28
The biggest oil producer in the United Arab Emirates is setting itself more ambitious emissions-reduction targets as the
2023-07-31 17:21
Italy’s Economy Unexpectedly Shrinks as Domestic Demand Weakens
Italy’s economy unexpectedly contracted in the second quarter, showing how rising interest rates and weakness in foreign markets
2023-07-31 16:24
Saudi Arabia’s Economy Slows as Oil Prices and Production Drop
Saudi Arabia’s economy slowed in the second quarter as oil-production cuts and a drop in prices pushed the
2023-07-31 14:50
Analysis-Dwindling excess savings could scupper markets' soft-landing hopes
By Naomi Rovnick and Dhara Ranasinghe LONDON Markets have high hopes for a soft landing for the economy,
2023-07-31 14:26
BT Names Allison Kirkby CEO, Replacing Philip Jansen in January
BT Group Plc named Telia boss Allison Kirkby Chief Executive Officer, taking over from Philip Jansen. Kirkby will
2023-07-31 14:15
Eskom Latest: Unplanned Outages Drop by 2,000 MW
Unplanned outages at state power utility Eskom Holdings Ltd.’s generating fleet fell to less than 16,000 megawatts in
2023-07-31 13:57
Pimco Warms Toward China Bonds on Weak Economy, Monetary Easing
Bearishness among foreign investors toward China’s bonds is easing after last year’s rout, with Pacific Investment Management Co.
2023-07-31 13:50
Goldman, Morgan Stanley See BOJ Tweak Boosting Japan Stocks
Strategists at Morgan Stanley and Goldman Sachs Group Inc. see the Bank of Japan’s tweak of yield-curve control
2023-07-31 13:48