By Shivangi Acharya NEW DELHI (Reuters) – The central banks of India and the United Arab Emirates are discussing a…
UAE’s deal-hungry IHC plans health and IT business IPOs
By Yousef Saba and Rachna Uppal ABU DHABI (Reuters) -International Holding Company plans to sell 20% of its technology unit…
Oil muted as price cap proposal eases supply concerns
By Nia Williams (Reuters) -Benchmark Brent oil edged lower on Thursday while West Texas Intermediate (WTI) crude held steady, hovering…
Credit Suisse offers 889 million shares to existing investors in $4 billion capital hike
ZURICH (Reuters) -Credit Suisse has made 889 million new shares available to existing investors at 2.52 Swiss francs ($2.67) per…
Binance to commit $1 billion for crypto recovery initiative
(Reuters) -Cryptocurrency exchange Binance said on Thursday it was committing $1 billion to establishing an industry recovery initiative (IRI) to…
Airbus says reached settlement with French prosecutor on Libya, Kazakhstan bribery probe
PARIS (Reuters) – Airbus has reached a settlement with the French financial prosecutor (PNF) concerning judicial investigations related to Libya…
Analysis-Slower Fed hikes spell relief from Tokyo to Buenos Aires
By Balazs Koranyi and Karin Strohecker FRANKFURT (Reuters) – The Federal Reserve’s signalling of a slowdown in the pace of…
Deutsche Bank CEO warns of reliance on government aid packages
BERLIN (Reuters) – Deutsche Bank Chief Executive Christian Sewing appealed for caution regarding German government relief packages and said the…
Abu Dhabi close to unveiling new economic strategy – economic development chairman
ABU DHABI (Reuters) – Abu Dhabi is close to unveiling its overall new economic strategy, Mohamed Ali Al Shorafa, chairman…
Lebanon’s economy still contracting but at slower pace, World Bank says
BEIRUT (Reuters) – Lebanon’s economy, hit by one of the world’s most severe crises, continues to contract although the pace…