Largest US bank JPMorgan Chase to deepen partnerships with the African Development Bank Group
African Development Bank Senior Vice-President Bajabulile Swazi Tshabalala, has held talks with a high-level delegation from JPMorgan Chase, the largest US bank, […]
Abu Dhabi’s Borouge shareholders approve $1.3 billion dividend for 2023
Abu Dhabi-based Borouge Plc, a prominent provider of innovative polyolefins solutions in the petrochemicals industry, has received shareholder approval for a final […]
Total assets of Qatar’s banks surge 5.8 percent to $541 billion in February
According to Qatar Central Bank (QCB), the total assets of Qatar’s commercial banks saw a 5.8 percent increase to QAR1.97 trillion ($541 billion) in […]
China could face US, EU curbs over legacy chips
Legacy chips, used in everything from washing machines to cars and TVs to medical devices, may not be as powerful as the state-of-the-art semiconductors […]
Tesla’s Resilience Amid Sales Slump: Musk’s Strategy with $29bn War Chest
Tesla, the electric vehicle (EV) giant, recently reported a nearly 9% drop in global sales, delivering 386,810 vehicles in the last quarter, […]
ECB’s Pablo Hernandez de Cos Eyes June for First Rate Cut Amid Inflation Shifts
Amid a complex economic landscape, Pablo Hernandez de Cos, a pivotal figure at the European Central Bank (ECB), signals a potential interest rate […]
China’s Central Bank Boosts Pro-Growth Policies Amid Economic Pressures
In a strategic move to counteract the economic downturn, China’s central bank has pledged to enhance the effectiveness of its current pro-growth […]
Virgin Atlantic Poised for Profit in 2024, Citing Record Revenue and Leisure Travel Boom
Virgin Atlantic, the long-established British airline, has announced a significant financial turnaround, setting a course to return to profitability by 2024. This news […]
Waitrose Declares Price War: Slashes 200+ Products by 7% to Outdo M&S’s Rising Sales
Waitrose has initiated a strategic price reduction on more than 200 products, marking a significant move in the competitive landscape of the UK’s […]
First ECOWAS Investment Forum : boosting economic development in West Africa
The ECOWAS Investment and Development Bank (BIDC) is organizing the very first ECOWAS Investment Forum (EIF) on April 4th and 5th, 2024, […]
Vijay Kedia Backed TAC Infosec IPO Closes, Oversubscribed 412 Times, Aims for Market Expansion
Vijay Kedia backed TAC Infosec’s Initial Public Offering (IPO) which opened on March 27, has concluded today, garnering an overwhelming response from investors, […]
Turkish Lira Climbs as Erdogan Backs Economic Stability Post-Election
Following a significant local elections setback, President Recep Tayyip Erdogan’s recent endorsement of Turkey’s current economic policies sparked a notable appreciation of the Turkish lira against […]