By Timour Azhari and Emilie Madi BEIRUT (Reuters) – Every time a part of his old grey Mercedes breaks, 62-year-old…
Developer China South City sells 70% stake in Xian projects for $717 million
HONG KONG (Reuters) – Chinese logistics and commercial developer China South City Holdings Limited said it had agreed to sell…
Philippines extends tariff cuts on imported rice, other food items to fight inflation
MANILA (Reuters) – Philippine President Ferdinand Marcos Jr has approved the recommendation of the economic ministry to extend up to…
Crypto exchange Bitvavo says it aims to recoup 280 million euros from DCG
AMSTERDAM (Reuters) -Dutch cryptocurrency exchange Bitvavo said on Saturday it is trying to recover 280 million euros ($296.30 million) from…
Goldman taps former BoE official Bradley Fried as next International chair- Sky News
(Reuters) -Goldman Sachs Inc has tapped Bradley Fried, former Chair of the Court of the Bank of England, as chairman…
Egypt’s new IMF deal aims to reduce government debt -cabinet
CAIRO (Reuters) -The International Monetary Fund’s new $3 billion financial support package for Egypt aims to reduce government debt to…
Analysis-Bumper green aluminium output is good news for carmakers, and climate
By Eric Onstad LONDON (Reuters) – Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and…
Italian economy minister says ECB rates hikes worrying for Rome
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Sunak scraps Energy Supply Taskforce introduced by Truss- Sky News
(Reuters) – British Prime Minister Rishi Sunak is scrapping Lizz Truss’s Energy Supply Taskforce plan introduced in September, Sky News…
Swiss central bank sees onus on Credit Suisse to execute revamp
ZURICH (Reuters) – Credit Suisse needs to execute its revamp successfully and end a string of negative headlines from Switzerland’s…