Top UAE Grocer Lulu to Raise $2.7 Billion Ahead of Possible IPO
Lulu Group International, which operates one of the Middle East’s largest hypermarket chains, is raising 10 billion dirhams
2023-08-10 19:51
It's not the 1970s but stagflation is back in the picture
For the past two years, economists have been worrying about the risks of high inflation rates. But far less attention has been given to inflation's sibling: stagflation.
2023-08-10 19:28
Mexico’s Industrial Parks Lobby AMLO in Push for Renewables
Industrial parks and warehouse operators in Mexico, desperate for electricity to power their booming operations, are offering to
2023-08-10 18:59
Analysis-Biden's China tech curbs to keep investors sidelined, fearing more steps
By Kane Wu and Michael Martina HONG KONG/WASHINGTON (Reuters) -President Joe Biden's move to prohibit some U.S. technology investments in
2023-08-10 18:51
The era of cheap streaming is officially over
It's the end of an era.
2023-08-10 18:50
No End in Sight to Deadly Cape Town Minibus Taxi Protest
A strike by minibus taxi drivers in Cape Town triggered violence that’s claimed the lives of five people
2023-08-10 18:27
Futures rise in run-up to key inflation data
U.S. stock index futures rose on Thursday ahead of key inflation data later in the day that could
2023-08-10 18:24
Analysis-Moody's warning on US banks a wake-up call for sanguine investors
By Saqib Iqbal Ahmed and Nupur Anand NEW YORK The slide in U.S. bank stocks this week appeared
2023-08-10 18:23
Alibaba’s Sales Beat Estimates in First Step of Comeback Effort
Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step
2023-08-10 18:17
Tokyo Electron Says Chinese Firms Are Buying Up Legacy Chip Tech
Chinese chipmakers are speeding up investments in mature semiconductor equipment as the US and its allies tighten export
2023-08-10 18:17
Jardines Exploring Sale of Two Hong Kong Buildings, Sources Say
Jardine Matheson Holdings Ltd., controller of Hong Kong’s biggest commercial landlord in the Central business district, is exploring
2023-08-10 17:56
Yandex Founder Condemns Russian War as Deal to Split Firm Stalls
Sanctioned Russian-born billionaire Arkady Volozh denounced Russia’s invasion of Ukraine, taking a public stance on the war for
2023-08-10 17:55