Economy
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UAE’s Emirates Airline fined for ‘misleading’ Business Class advertising
The UAE’s Emirates Airline has been fined by a New Zealand court for “misleading” advertising of its business class flight.…
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Credit Suisse gets $54 bln lifeline as authorities rush to avert global bank crisis
Credit Suisse on Thursday said it would borrow up to $54 billion from the Swiss central bank to shore up…
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Riyadh Air plans new orders ahead of 2025 take-off: CEO
Saudi Arabia’s new national airline plans more aircraft orders as it prepares to operate its first flights in early 2025,…
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Explainer: How did Credit Suisse get to crisis point?
Credit Suisse said on Thursday it would borrow up to $54 billion from the Swiss central bank to shore up liquidity after…
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Credit Suisse to borrow up to $54bn amid banking crisis fears
Credit Suisse will borrow up to 50 billion Swiss francs ($54bn) from Switzerland’s central bank to shore up confidence in…
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Silicon Valley Bank collapse pushes hundreds to shift to JPMorgan and other US banks
A wave of customers have applied to shift their accounts to large US banks such as JPMorgan Chase & Co…
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How Washington came to rescue the failed US bank – a Silicon Valley Bank deep dive
After a frenetic weekend of round-the-clock briefings, US policymakers took the audacious step of guaranteeing all the deposits of the…
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Amazon targets 2024 launch of first Kuiper internet satellites
Amazon.com plans to launch its first internet satellites to space in the first half of 2024 and offer initial commercial…
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Lebanese lira hits new historic low of 100,000 to the US dollar
Lebanon’s currency hit a new low of 100,000 to the US dollar on Tuesday, according to the unofficial market rates used by…
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European Commission to revamp power market rules, aiming to blunt price spikes
The European Commission is set to propose a revamp of Europe’s electricity market rules on Tuesday, aimed at expanding the…
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