ADNOC signs three-year LNG supply deal with TotalEnergies
Abu Dhabi National Oil Company (ADNOC) announced on Monday a $1 billion deal to provide liquefied natural gas (LNG)…
RBA hikes interest rates by 25 bps
Reserve Bank of Australia (RBA) hiked interest rates on Tuesday by 3.85 percent, or 25 basis points, to combat the…
Scientists develop AI system to turn thoughts into text
Scientists had developed a new AI system which focuses on turning a person’s brain activity into texts, according…
Asian markets briefing 02/05/2023
The Asian markets closed high today, with the Japanese main index, Nikkei 225, rising by 0.12 percent to 29,157.95.
Environmental groups sue FAA over climate concerns
The Federal Aviation Administration (FAA) was sued Monday by several environment groups over SpaceX rocket launch…
HSBC’s acquisition of SVB boosts profits by $1.5bln
HSBC group has reported on Tuesday an increase in its profit by $1.5 billion, following its recent acquisition of…
Morgan Stanley plans to wipe up another 3,000 jobs
Morgan Stanley is preparing for a plan to wipe out approximately 3,000 jobs by the end of June, as the Wall Street…
BP profit rises to $5bln in Q1 – report
UK oil and gas BP reported on Tuesday a $5 billion profit in the first quarter, representing the second-best…
Backstreet Boys visit the pyramids prior to their concert
American pop boy band, Backstreet Boys, took a tour of the Giza Pyramids and the National Museum of Egyptian…
Egypt’s wheat reserves sufficient for 2.6 months – minister
Egypt’s strategic reserve of basic commodities is sufficient for several months, with wheat reserves to last around…
