By Samuel Indyk LONDON (Reuters) – Fund managers’ allocation to U.S. equities collapsed in January, with 39% saying they had…
U.S.-China friction stokes concern among some top finance bosses
LONDON (Reuters) – The bosses of global investor Fidelity International and accountancy giant EY have voiced concerns about a fracturing…
UBS still hiring and in growth mode – CEO Ralph Hamers
ZURICH (Reuters) – UBS is hiring with the Swiss bank in “growth mode,” Chief Executive Ralph Hamers said at the…
Foreign investors pour $925 million into Egypt since Wednesday
CAIRO (Reuters) – Foreign investors transferred more than $925 million dollars into the Egyptian foreign exchange market in the three…
L&G plans to vote against Capricorn leadership and NewMed merger
By Shadia Nasralla LONDON (Reuters) -Asset manager Legal & General plans to take the rare step of voting to oust…
Egypt to sell discounted bread to fight inflation
By Sarah El Safty CAIRO (Reuters) -Egypt’s government will start selling discounted bread to people not enrolled in its bread…
Take Five: Much to say in Tokyo (and Davos)
LONDON (Reuters) -Japan’s central bank looks set to raise its inflation forecasts and debate further policy tweaks, just as business…
Iranian oil exports end 2022 at a high, despite no nuclear deal
By Alex Lawler, Bozorgmehr Sharafedin and Chen Aizhu LONDON (Reuters) -Iranian oil exports hit new highs in the last two…
UAE pledges to invest $30 billion in South Korea -Yoon’s office
SEOUL (Reuters) – The United Arab Emirates (UAE) has decided to invest $30 billion in South Korea’s industries, South Korea’s…
Dubai property price rises seen slowing further in 2023 – Betterhomes
By Yousef Saba DUBAI (Reuters) – Residential property prices in Dubai are expected to rise at a slower pace in…