Xpeng, Volkswagen speeding up new EV development
Chinese electric vehicle (EV) maker Xpeng has teamed up with German automaker Volkswagen AG to establish project…
European banks earnings to show impact of external factors
This week, Europe’s largest banks will announce their second-quarter earnings, focusing on whether gains from…
China cuts key lending rates in surprise move
The People's Bank of China (PBC) unexpectedly lowered short-term rates by 10 basis points and reduced benchmark…
Woodside buys Tellurian for $900m
Woodside Energy Group Ltd. is set to buy Tellurian Inc., a troubled US LNG export project developer, for…
Asian shares slip despite China rate cut
Asian shares fell on Monday despite a rate cut by China's central bank.
China’s copper exports hit record
China's refined copper exports surged to a record 157,751 tons in June, more than doubling from May's figures and…
Oil up on Monday’s opening
Oil prices rose after a nearly 3 per cent drop on Friday, influenced by President Joe Biden's decision not to seek…
Gold eyes new record high as dollar softens
Gold prices climbed slightly on Monday, buoyed by a weaker dollar.
Egypt’s food exports record 220k tons in a week – NFSA
Egypt’s food exports reached a staggering 220,000 tons in the week ending July 19, according to the National Food…
Egypt back on IMF July calendar for loan review
The International Monetary Fund (IMF) has added Egypt back to its Executive Board meeting July calendar.
