Analysis-As deficit soars, Egypt expands money supply, fuelling inflation
By Patrick Werr CAIRO Egypt risks fuelling its record inflation and putting more pressure on the Egyptian pound
2023-07-14 20:15
'China has changed.' Germany unveils strategy to cut reliance on world's no. 2 economy
Germany announced Thursday that it would reduce its dependence on China in "critical sectors" including medicine, lithium batteries used in electric cars and elements essential to chipmaking.
2023-07-13 22:52
Barclays eyes smaller units for growth in strategic review, risks investor ire
By Sinead Cruise, Lawrence White and Stefania Spezzati LONDON Barclays is betting it can revive its wilting share
2023-07-13 12:53
German cabinet to pass China strategy on Thursday - govt sources
BERLIN The German cabinet is to pass its long-promised China strategy on Thursday, two government sources told Reuters
2023-07-12 15:51
LG Electronics says it aims to achieve $77 billion in sales by 2030
SEOUL LG Electronics said on Wednesday it is targetting 100 trillion won ($77 billion) in sales by 2030
2023-07-12 08:58
Daimler Truck targets above 12% adjusted returns by 2030
Daimler Truck set new financial targets for 2030 ahead of its Capital Markets Day on Tuesday, aiming for
2023-07-11 20:28
Florida is now America's inflation hotspot
Florida is America's inflation hotspot because of a persistent problem with sky-high housing costs.
2023-07-11 02:49
Top Fed official proposes higher capital limits for larger banks
Federal Reserve Vice Chair for Supervision Michael Barr said Monday he is proposing stricter bank capital requirements in light of three major US bank failures earlier this year.
2023-07-10 23:26
Egypt’s Inflation Soars to Record as Food Drives Surge Past 35%
Consumer prices in Egypt soared at a record pace, a reflection of pressures on food costs after the
2023-07-10 13:55
Top Egypt Bank Gets $250 Million in Loans With Eye on Green Work
Commercial International Bank SAE, Egypt’s largest private bank, secured $250 million in loans from the World Bank’s International
2023-07-09 16:27
US labor secretary sees no need for now to step into talks between UPS, Teamsters
By Kanishka Singh WASHINGTON Acting U.S. Labor Secretary Julie Su said on Friday she does not see a
2023-07-07 23:24
Exclusive-China to end Ant Group's regulatory revamp with fine of at least $1.1 billion-sources
By Julie Zhu and Jane Xu HONG KONG Chinese authorities are likely to announce a fine of at
2023-07-07 12:54