Economy
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Citigroup CEO says clients are shifting supply chains away from China
Citigroup Inc.’s clients are shifting supply chains away from China in a trend that is likely to last for years,…
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India’s Adani secures $3 billion credit from Middle East wealth fund: Report
India’s Adani Group has told creditors it has secured a $3 billion loan from a sovereign wealth fund, two sources…
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General Motors cutting hundreds of jobs to reduce costs
General Motors Co is cutting hundreds of executive-level and salaried jobs as it looks to cut costs and streamline operations,…
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Aramco, Sonatrach cut March OSPs for propane by 9-11 percent vs Feb
Saudi Arabia’s state oil producer Aramco and Algeria’s Sonatrach lowered March official selling prices (OSPs) for propane by 9-11 percent…
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Adani CFO says not seeking refinancing, capital plans at roadshow in Hong Kong
Adani Group isn’t seeking to refinance debt or inject capital, its fi-nance chief said on the sidelines of an investor…
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Apple supplier Foxlink unlikely to resume full India operations for 2 months: Source
Apple supplier Foxlink’s factory in southern India is unlikely to resume full operations for two months after a fire incident,…
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Russia’s Pulkovo Airport in St Petersburg temporarily halts all flights
Russia’s Pulkovo Airport in St. Petersburg temporarily suspended all flights on Tuesday, the city government said. It did not provide…
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Quest for world’s biggest diamonds gives De Beers a headache
To the southeast of the teeming herds of wildlife in the Okavango Delta in Botswana, an offshoot of the Lundin…
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Elon Musk reclaims title as world’s richest person
Tesla and Twitter CEO Elon Musk has reclaimed the title of the world’s richest person, according to Bloomberg’s Billionaires Index. A rally…
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Edmond de Rothschild plans Dubai hires with eye on Middle East money
Edmond de Rothschild, the privately-held Swiss investment firm, may hire up to 10 people each year in Dubai after obtaining…
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