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Apollo targets stake in AlShaya’s Starbucks
Apollo Global Management Inc., a U.S. private equity firm, is negotiating to acquire a minority stake in the…
Maersk expects low ’24 earnings
Maersk said on Thursday that it expects 2024 earnings to be significantly lower than last year's level due to an…
Spain freezes tech giants’ fines
Spain’s high court suspended the €194 million ($209 million) fines that the local antitrust watchdog, CNMC, levied…
Pakistan requests new IMF package to repay old debt
Pakistan needs to negotiate a new loan package with the International Monetary Fund (IMF) to repay its significant…
AstraZeneca forecasts profit rise
AstraZeneca announced on Thursday that it anticipates a rise in this year’s revenue and profit due to strong demand…
Czech National Bank set to cut rates
Czech National Bank is expected to cut borrowing costs on Thursday in response to weakening inflation and weak…
China’s c. bank set to keep rates unchanged
China's central bank is likely to keep the key policy rate unchanged when renewing the maturity medium-term loans…
China’s vehicle sales dip in January
China’s passenger vehicle sales fell in January, 14.1% from the previous month, marking the first decrease since…
Kenya announces $2bln bond-buyback programme
Kenya announces that it would be selling new securities and making an offer to buy back its $2 billion in debt.
China’s CPI declines by 0.8% Y-Y, largest drop since 2009
China's consumer price index (CPI) fell by 0.8 per cent year-on-year in January, the steepest since September 2009,…