Maersk expects low ’24 earnings
Maersk said on Thursday that it expects 2024 earnings to be significantly lower than last year's level due to an…
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China reveals key interest rate reform to support a slowing economy
China’s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for…
Pressure amounts on Fed for ‘large’ rate cut
President Donald Trump stepped up his attacks on the Federal Reserve, demanding a “large cut” in interest rates as…
U.S Fed may cut interest rates if inflation keeps disappointing: Bullard
- Further weakness in inflation could prompt the U.S. Federal Reserve to cut interest rates, even if economic…
Mubadala to buy 20% interest in Egypt’s Nour offshore concession from Eni
Abu Dhabi state fund Mubadala Investment Company’s oil business has agreed to buy a 20 percent participating…
HC expects unchanged interest rates, inflation to stabilise in August
HC Securities & Investment expected Egypt’s inflation to stabilise in August by 1 percent, with anticipations…
BOJ board disagreed on new tolerance for yield moves at last meeting
Bank of Japan board members disagreed on how far interest rates should be allowed to move from the central bank’s…
Egypt’s policy measures improve banking but investments slow: BLOM official
Egypt's policy decisions last November to float the pound and subsequently raise interest rates have improved…
US pharmaceutical firms look to boost investments in Egypt
Representatives of U.S. pharmaceutical companies expressed their interest in a possible increase of investments in…
Dollar jumps vs yen, outlook seen clouded by N.Korea tensions
The dollar edged higher against the yen on Monday, pulling away from last week's near 4-month low, with rising…
