Economy
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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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What’s behind bitcoin’s latest surge?
At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a…
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World Bank agrees $7 bln new partnership framework with Egypt
The World Bank approved a new country partnership framework (CPF) for Egypt for the financial years 2023-2027 providing the country…
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UK inflation rate unexpectedly rises to 10.4 pct in February: ONS
British inflation unexpectedly rose to 10.4 percent in February, pushed up by higher food prices and pricier drinks in pubs…
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