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…
Oil slides over 3% on Russian price cap talks, U.S. gasoline build
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices fell more than 3% on Wednesday, continuing a streak of volatile trading,…
Credit Suisse shareholders approve 4 billion Swiss franc capital raise
(Corrects date in dateline to Nov 23) ZURICH (Reuters) – Credit Suisse shareholders approved on Wednesday a 4 billion Swiss…
Putin promises further efforts to unblock more Russian fertiliser exports
MOSCOW (Reuters) – President Vladimir Putin said on Wednesday Russian officials would work to unblock Russian fertilisers stuck in European…
Oil rises 1% as OPEC+ focus on supply cuts outweighs recession concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose about 1% on Tuesday after top exporter Saudi Arabia said OPEC+…
Saudi stock exchange to close on Wednesday after World Cup win against Argentina
CAIRO (Reuters) – The Saudi stock exchange will be closed on Wednesday after Saudi Arabia declared a public holiday and…
Egypt to provide 5,000 farm workers to Greece in seasonal scheme
ATHENS (Reuters) – Egypt will provide 5,000 seasonal workers to help meet the growing needs of Greece’s agricultural sector under…