Egypt to offer 47 consumer complexes as part of commercial chains project
The Egyptian government will offer investors 47 consumer complexes soon, as part of its efforts to implement a…
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OPEC decision to keep output high pulls oil prices close to 2015 lows
Crude prices fell on Monday in the first trading session after OPEC members failed to agree on output targets to…
Global stocks soar on surprise China rate cut
Stock markets worldwide soared on Friday after China cut interest rates for the fourth time this year and several…
China economy logs weakest growth since 2009
China's economic growth dipped below 7 percent for the first time since the global financial crisis on Monday, hurt…
Aussie gains after RBA holds rates steady
The Australian dollar was the standout performer among major currencies on Tuesday, helped by an unexpectedly…
India cuts policy interest rate by bigger-than-expected 50 bps
The Reserve Bank of India cut its policy interest rate to a 4-1/2 year low of 6.75 percent on Tuesday, in a…
HP to cut up to 30,000 more jobs in enterprise business
Hewlett-Packard Co, which is splitting into two listed companies later this year, said on Tuesday it expects to cut…
Asian shares wobble as China rate cut fails to calm nerves
Asian shares struggled on Wednesday as investors feared fresh rate cuts in China would not be enough to stabilize…
Greek PM says Accord Possible if Pensions are not Cut
Greece could reach a deal with its international creditors if they dropped demands including cuts to pensions,…
HSBC to cut up to 50,000 Jobs, slash Investment Bank
HSBC (HSBA.L) will cut almost 50,000 jobs from its payroll, take an ax to its investment bank and shrink its risk…
