India may still cross the ‘miracle economy’ benchmark of 7% GDP growth.
India’s economic growth story keeps getting better. I’ve long been cautious about cheering data that show extraordinary improvements. Later data revisions can […]
South Korea’s Hanwha offloads Eutelsat stake as Starlink rival seeks new investors.
South Korea’s Hanwha Systems said on Thursday it was selling its entire 5.4% stake in Eutelsat for about 78 million euros ($85 […]
Alaska LNG Interest Hits $115 Billion.
Energy companies are ready to commit to buying $115 billion worth of liquefied natural gas from Alaska once President Trump’s pet energy […]
Trump tax bill will add $2.4 trillion to deficit and leave 10.9 million uninsured.
President Donald Trump’s big bill making its way through Congress will cut taxes by $3.75 trillion but also increase deficits by $2.4 trillion over […]
Trump doubles tariffs on steel and aluminium to 50 percent.
U.S. President Donald Trump has signed an order doubling tariffs on steel and aluminium imports from 25 percent to 50 percent. The […]
Africa’s cross-border payments to hit $1trn on fintech boom.
Africa’s cross-border payment market is set to triple in size over the next decade, reaching $1 trillion by 2035, up from $329 […]
Egypt’s startup funding surges 130% to $228mln in January-May.
Egypt’s startup sector attracted 228 million U.S. dollars in funding from January to May, marking a 130-percent increase compared to the same […]
Partners Group launches royalties evergreen fund for private wealth market.
Partners Group has launched its cross-sector royalties strategy in an evergreen fund vehicle for private investors in Asia, Europe and the Middle […]
UAE Investors Plan to Purchase More Equity in Belarus’ Largest Bank.
Soven 1 Holding (UAE), the majority shareholder of Belarus’s Priorbank, plans to buy out the Belarus State Property Committee equity of 6.31% of […]
Markets ask how soon Nippon Steel will benefit from $15 billion bid for U.S. Steel.
Nippon Steel investors and analysts are asking if its $15-billion deal to buy U.S. Steel, backed but not yet approved by President […]
Exxon to Sell French Business to Canadian Firm.
ExxonMobil intends to sell its 83% stake in its French business Esso SAF to Canada-based energy firm North Atlantic, the U.S. supermajor said on […]
Russian central bank warns of oil price risks as it defends high rates.
Russia’s central bank defended its tight monetary policy in a report on Wednesday, saying high rates had contributed to a slowdown in […]