Featured Chubb prepares $350M payout for state of Maryland over bridge collapse Aya Anwar May 2, 2024 0 Chubb, the insurer of Baltimore's Francis Scott Key Bridge, which collapsed in March, is preparing to issue a $350…
Africa News S. Africa’s manufacturing activity rises in April – PMI Aya Anwar May 2, 2024 0 South African manufacturing saw a boost in April, according to Reuters citing a Purchasing Managers' Index (PMI)…
Money Shanghai’s loans surge 7% in by end-Feb Nada Ali May 2, 2024 0 Shanghai's loans surged seven per cent year-on-year to 11.4 trillion yuan ($1.61 trillion) by February's end,…
Featured Turkey’s GDP growth to decelerate in next 2 years – OECD Aya El Sayed May 2, 2024 0 Turkey’s GDP growth is expected to decelerate from 4.5 per cent in 2023 to 3.4 per cent in 2024 and further to 3.2…
Africa News Baker Hughes to establish new liquid mud plant in Namibia Aya Anwar May 2, 2024 0 Baker Hughes, an energy technology company, is set to establish a new liquid mud plant and a separate assembly,…
Banks HSBC Holding leaves lending rate at 5.875% in H. Kong Nada Ali May 2, 2024 0 HSBC Holdings kept its best lending rate in Hong Kong unchanged at 5.875 per cent.
Featured Belgium’s growth to dip in ’24 – OECD Aya El Sayed May 2, 2024 0 Belgium’s economy is set to experience a slowdown, with growth projected to dip to 1.3 per cent in 2024, from 1.5…
Financial Institutions OECD raises India’s growth forecast to 6.6% in ’24,’25 Nada Ali May 2, 2024 0 India’s economy will bloom by 6.6 per cent in 2024 and 2025, said the Organisation for Economic Cooperation and…
Banks Indonesia’s inflation settles at 3% in April Nada Ali May 2, 2024 0 Indonesia's annual inflation dipped in April to 3.00 per cent, staying within the central bank's target and…
Featured OECD upgrades ’24, ’25 growth forecasts for France Aya El Sayed May 2, 2024 0 France’s GDP growth is set to dip to 0.7 per cent in 2024 from 0.9 per cent in 2023 before rebounding to 1.3 per…