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AFC, ITFC provide loan to boost Egypt’s economic resilience
Africa Finance Corporation (AFC) is partnering with the International Islamic Trade Finance Corporation (ITFC) to…
Swedish Northvolt borrows $5 bln to expand lithium battery plant
Sweden’s lithium-ion battery producer Northvolt raised $5 billion in the largest green loans raised in Europe to…
China plans to issue bonds to boost economy
China is considering one trillion yuan ($139 billion) of new debt issuance under a special sovereign bond plan, as…
China’s top real estate developer anticipates weak market in ’24
Country Garden, China’s top real estate developer anticipates the Chinese real estate market to remain weak in…
Qatar, Russia divert vessels from Red Sea
Qatar and Russia, suppliers of liquefied natural gas, are avoiding the Suez Canal in light of heightened risks and…
Vodafone signs $1.5 bln deal with Microsoft
Vodafone group signed a new 10-year strategic partnership worth $1.5 billion with Microsoft to offer scaled digital…
Futures fall as U.S. dollar rises to one-month high
The U.S. dollar strengthened after a one-month high as Treasury yields hiked and Asia equities fell after remarks…
Microsoft introduces Copilot Pro subscription for $20/m
Microsoft said on Monday it is offering consumers and small businesses subscriptions to access capabilities in its…
Suzuki halts Hungary plant for 1 week over Red Sea attacks
Suzuki Motor said on Monday it will halt production of its Vitara and S-CROSS in Hungary for a week amid Red Sea…
Yuan falls against dollar after PBOC holds rate
China’s yuan fell on Monday to a one-month low of 7.1813 per dollar after the People’s Bank of China (PBOC) left…