British ministers head to the GCC for talks on new trade deal
Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a possible trade deal, the government said.
Trade secretary Jonathan Reynolds and...
Saudi Fund for Development signs first loan agreement with Dominica
Saudi Fund for Development (SFD) formalised its first development loan agreement with the Commonwealth of...
How Abu Dhabi’s investment legacy is fostering economic development
Abu Dhabi and the UAE have long been recognised as important investors in the...
UAE unveils ‘Invest in the Emirates’ campaign, fronted by Idris Elba
The UAE government has unveiled its ‘Invest in the Emirates’ campaign, fronted by Hollywood...
UAE, Australia reach trade deal to boost exports, investment
The UAE has reached a trade agreement with Australia that is expected to boost...
History of Japan’s intervention in currency markets
Japan's yen strengthened sharply on Monday in a move market participants said pointed to yen-buying intervention from Japanese authorities to stabilise the sliding currency.
After...
Belgium refuses VTB’s request to unblock client assets, says Russian bank
Belgium's finance ministry has refused Russian state-owned bank VTB's (VTBR.MM), opens new tab request for licences to unblock customer assets held through its brokerage accounts, the...
Lloyds CEO expects $380 mln UK business banking revenue boost
Lloyds Banking Group (LLOY.L), opens new tab is set to make an extra 300 million pounds ($380 million) a year in revenue by 2026 from its...
BBVA sets July 5 for vote on share issue to fund Sabadell bid
Spanish bank BBVA's (BBVA.MC), opens new tab shareholders will vote on July 5 on whether to approve a share issue to fund its 12 billion euro...
EU watchdog calls out banks for inflating capital buffers
Banks in the European Union could be inflating the value of high-risk debt used to plug gaps in capital buffers intended to provide protection...
Finance minister says Israel to promote West Bank settlement
Israel's hard-line finance minister said on Thursday that the government would promote West Bank settlements and punitive measures against the Palestinian Authority in response...
Exclusive: US Treasury, USAID call in development banks for urgent talks on extreme heat
The U.S. Treasury and the U.S. Agency for International Development are calling leaders of multilateral development banks into an urgent meeting on extreme heat...
Global carbon removal market could reach $100 billion/yr from 2030-35, report says
The global market for carbon dioxide (CO2) removal credits could reach up to $100 billion a year between 2030 and 2035 from $2.7 billion...
East Coast states de-risk grid build to spur offshore wind growth
Progress in New Jersey shows how East Coast grid operators are moving forward with proactive transmission investments for new offshore wind projects.
In the next...
Bank of England highlights private equity vulnerabilities
Risk management in the private equity sector needs improving, the Bank of England said on Thursday, particularly as the period of low interest rates...
Rapid rise in derivative trading in India could pose several challenges, says cenbank report
A rapid rise in derivative trading volumes in India could pose several challenges, a central bank report said on Thursday, adding to warnings of...
Morning Bid: Inflation waiting game turns worrisome
A look at the day ahead in European and global markets from Tom Westbrook
So much for a week watching football and cricket while counting...
Trump’s hush money trial: What charges did he face?
A jury on Thursday convicted Donald Trump of falsifying business records to conceal hush money paid to porn star Stormy Daniels before the 2016 election.
Here is...
UBS reaches milestone in Credit Suisse absorption as parent companies merge
UBS (UBSG.S), opens new tab on Friday completed the merger of the main parent companies of the Swiss bank and Credit Suisse, which it acquired last...
