Economy
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Saudi Aramco signs MoU with Samsung on localizing 5G tech
Saudi energy giant Aramco signed an agreement with Korean tech behemoth Samsung to localize 5G technology in the Kingdom. The state-run Saudi…
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Pakistani professionals struggle with higher costs as economy on edge of collapse
Naureen Ahsan earns more than twice the average wage in Pakistan, but the school administrator says she has no choice…
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Credit Suisse, UBS among banks in DOJ Russia-sanctions probe
Credit Suisse Group AG and UBS Group AG are among banks under scrutiny in a US Justice Department probe into…
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Credit Suisse buyout was for financial stability: Bank chief
The UBS takeover of stricken bank Credit Suisse was orchestrated in order to preserve financial stability not only in Switzerland but around…
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Boeing gets $1 bln Japan Airlines order for 737 21 of its Max jets
Boeing Co. secured a win in Japan with an order from the nation’s flag carrier for 21 of its 737…
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US nominee for World Bank, Ajay Banga, in native India to meet with PM Modi
The US nominee to lead the World Bank, former Mastercard CEO Ajay Banga, returns to his native India on Thursday,…
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Gulf nations follow US Fed’s quarter-point hike to maintain pegs
Central banks in the Arab Gulf including in Saudi Arabia and Qatar followed the US Federal Reserve’s 25 basis-point rate…
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Sanofi, Regeneron’s Dupixent shows promise as ‘smoker’s lung’ drug
Sanofi’s asthma and eczema drug Dupixent met all targets in a trial to treat “smoker’s lung,” giving a major boost…
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Analysis: Erdogan tries to salvage economic credibility before Turkey’s election
Former Turkish economy tsar Mehmet Simsek’s refusal to return to politics has left President Recep Tayyip Erdogan’s ruling party scrambling to rebuild…
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Australian regulator considers greenwashing complaint against Etihad Airways
Australia’s competition watchdog will consider a greenwashing complaint made against Etihad Airways by a local environmental group that accused the…
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