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...
Russia threatens West with severe response if its assets are touched
Russian officials threatened the West on Sunday with a "severe" response in the event that frozen Russian assets are confiscated, promising "endless" legal challenges and...
EU finance ministers to discuss leveraging Russian assets on Wednesday
European Union finance ministers will hold a videoconference on Wednesday on a G7 proposal to leverage Russian central bank assets immobilised in the West...
Thai ex-executive Pichai named finance minister, faces growth challenge
Thai former energy executive Pichai Chunhavajira was named the country's finance minister on Sunday, facing a tough task to revive Southeast Asia's second-largest economy.
Pichai, 75,...
Hamas delegation due in Cairo on Monday for Gaza ceasefire talks
A Hamas delegation will visit Cairo on Monday for talks aimed at securing a ceasefire, a Hamas official told Reuters on Sunday, as mediators...
Head of EU’s EIB lending arm calls for spending cap to be scrapped
The head of the European Union's EIB lending arm has called on the bloc's member states to scrap a spending cap currently imposed on...
Royal Mail owner agrees to $4.6 bln takeover by Czech billionaire Kretinsky
The owner of Britain's Royal Mail has agreed to a 3.57 billion pound ($4.55 billion) takeover by Czech billionaire Daniel Kretinsky, it said on Wednesday,...
Senior UK lawmakers want more scrutiny of Shein ahead of possible London listing
Senior British lawmakers, including the chairs of three parliamentary committees, have questioned fast-fashion giant Shein's suitability for a London stock market listing and called...
Scotiabank beats profit estimates on wealth management, capital market strength
Bank of Nova Scotia (BNS.TO), opens new tab on Tuesday reported better than expected quarterly earnings, boosted by gains in its capital market business, rises in...
Abu Dhabi hits 2-year low as Gulf bourses drop; Qatar gains
Most stock markets in the Gulf slipped on Tuesday amid rising geopolitical tensions in the region, while investors also awaited key U.S. inflation data...
ABN Amro to buy German private bank in biggest deal since 2008 financial crisis
ABN Amro (ABNd.AS), opens new tab has agreed to buy German private bank Hauck Aufhäuser Lampe (HAL) for 672 million euros ($730 million) from China's Fosun...
ECB revamps its annual health checks on banks
The European Central Bank is streamlining its health checks on the euro zone's banks, allowing it to train its focus on pressing lapses and...
China sets up third fund with $47.5 bln to boost semiconductor sector
China has set up its third planned state-backed investment fund to boost its semiconductor industry, with a registered capital of 344 billion yuan ($47.5...
FDIC chair Gruenberg says he will step down once successor is announced
U.S. Federal Deposit Insurance Corp Chair Martin Gruenberg said on Monday he planned to step down, finally succumbing to a months-long scandal over sexual...
UBS shakes up flagship wealth business with new unit, memo says
UBS (UBSG.S), opens new tab is shaking up its wealth-management arm, the bank's flagship business, to boost its offerings to ultra-rich clients, the division's new co-leaders...
